What royalties do Harry Fox collect?
In most cases, mechanical royalties in the U.S. are collected and distributed by The Harry Fox Agency (HFA). HFA takes a commission of 6.0% to issue mechanical licenses and collect royalties from record companies.
Does Songtrust collect from Harry Fox?
All Songtrust clients collect from the Harry Fox Agency (HFA), The Mechanical Licensing Collective (The MLC), and international collection agencies directly. We also collect from YouTube by claiming and monetizing user-generated content through its Content ID service.
Whats the difference between Harry Fox and Songtrust?
We’re on the same team. Songtrust acts only as your global publishing administrator; we are complementary to your existing affiliation with Performing Rights Organizations (PROs) and mechanical agencies such as HFA and The Mechanical Licensing Collective (The MLC).
How much is Harry Fox Agency?
The price tag: $20 million. Sources say that other bidders for HFA included SOCAN and BMI, but SESAC prevailed in the end for a price that is somewhat under the valuation of the initial offer. The acquisition still needs to be approved by the NMPA membership, according to The New York Times.
Who owns the Harry Fox Agency?
SESAC
The Blackstone Group
Harry Fox Agency/Parent organizations
It was founded in 1927 by the National Music Publishers Association. The agency was sold to performing rights organization SESAC in 2015, which was itself acquired by The Blackstone Group in 2017.
Does BMI collect mechanical royalties?
BMI royalties are performing right royalties, which are earned when a musical work is performed publicly. Mechanical royalties and synchronization fees are paid by record companies and film and TV producers directly to the copyright owner, usually the publisher, or his or her representative.
Does Harry Fox collect international royalties?
Stateside company Harry Fox Agency (HFA) collects and distributes royalties directly from the digital music stores and their aggregators on behalf of US publishers, while major international publishers often collect their royalties directly.
Do I need to register with Songtrust?
Songtrust allows you to collect your music publishing royalties globally all in one place. No need to register your works in multiple places anymore.
Does Songtrust collect mechanical royalties?
Songtrust collects performance and mechanical royalties from about 95% of the music publishing market. Songtrust allows you to collect your music publishing royalties globally all in one place.
What happened Harry Fox Agency?
It was founded in 1927 by the National Music Publishers Association. The agency was sold to performing rights organization SESAC in 2015, which was itself acquired by The Blackstone Group in 2017.
Who collects streaming royalties in the US?
Mechanicals (short for mechanical royalties) are collected by publishers or a mechanical licensing administrator like the Harry Fox Agency (“HFA”). What publishers keep before paying out to songwriters varies. The HFA currently charges a 11.5% commission on payments collected.
