US-based Majestic Entertainment Group and Sound Craft Africa Global Inc are providing creatives in the country an avenue to distribute and collect royalty revenue from their productions.
The company owned by a retired Ghanaian musician Ato Nyankom offers specific monitoring services with details on coding, verified by ISRC data.
The company in a seminar to outline its services to creatives noted it ten basic points with coding, distribution, royalty collection and benefits.
CEO of the company said his outfit will help with registration with a collection society, unified global song registration with performance and mechanical collection societies worldwide, verified by ISRC data, and global royalty collection utilizing an extensive network in over 215 territories.
He said he will offer “live international setlist submission so you can collect your live performance royalties, claiming and monetization tools for songs that stream on YouTube
Responsive and sophisticated client services.”
Also, authoritative, up-to-the-minute educational resources about creative arts from music to fashion, theatre, architecture and the visual arts, design, songwriting and music publishing with detailed royalty reports and seamless payment by direct deposit.”
According to him, SoundCraftAfricaGlobal is solely responsible for providing the assigned ISRC code information to any and all agencies and distribution outlets that track playback or sales. Including, but not limited to SoundExchange, SoundScan, performing rights societies ASCAP, BMI and SESAC, digital distribution outlets such as IODA, INgrooves, TuneCore, The Orchard and service providers SonicBids, CDBaby, TopSpin, ReverbNation, Rumblefish, FanBridge, Nimbit. etc”
How Payments Work
Royalties are distributed monthly by direct deposit and quarterly, at the end of March, June, September, and December by cheque.
Direct deposits are issued monthly for accounts with a balance of $100 or more, and quarterly for accounts with a balance of $10 or more.
Quarterly cheques are only issued when the royalties payable to you reach $100 or more. If your royalties due are less than $100, we hold them until they reach the threshold, at which time we will issue a payment.
To sign up for direct deposit using a U.S. bank account, please use “Edit Info” in SCAG-Direct. A link to access statements within SCAG-Direct is sent to the email address on file at the time of payment
Source: Starr FM