Sony/ATV Music Publishing is rolling out a series of initiatives to get royalties into songwriters’ pockets faster than ever.
Sony/ATV is introducing real-time inter-company processing for all foreign earnings from every territory in which the company operates. Foreign earnings will now be reported and paid in the same period in which they are collected.
In addition, Sony/ATV will offer a new Cash Out service that allows songwriters the opportunity to have some or all of their current royalty balance to be paid immediately. The service will be offered without a fee to songwriters.
…Read more