[Fmpro] FMPRO Digest, Vol 29, Issue 24
flight007@aol.com
flight007 at aol.com
Mon Sep 24 16:47:32 GMT 2007
A further indignity heaped on Composers is the Sub Publishers can be an
owned subsidiary
of the main Publisher. There was a case in the UK where EMI were
allegedly receiving money into their
wholly owned foreign Sub Publishers and by the time all inflated
collection and administrative expenses
were deducted, very little was finding its way to the Composers.
Remember; Composers hire Copyists, Publishers and PROs hire Strategists.
Vic F
P.S. Definition for those who haven't dealt with this yet - a "sub-pub"
(subpublisher) from a US perspective is a local publisher in a foreign
country that the US publisher has hired and pays to handle local society
registrations and other music business in a foreign country. They
collect
foreign performing and mechanical royalties and wire them back to their
US
clients less a commission or charge. Most publishers collect their
overseas
performing rights royalties this way instead of waiting the months or
years
it takes them to flow back from the Euro societies to the US societies
and
finally be paid to the writers. The fact that the foreign sub-pubs can
so
easily intercept US writers' mechanical royalties is a huge problem.
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