What is the importance of these organizations, and what sort of impact do they have in the music business?
They are all important n the music business i know.. im just looking for different opinions is all.What is the importance of Music Publishing companies such as SESAC, BMI %26amp; ASCAP?
They are extremely important to songwriter's income because there is strength in numbers. Each songwriter is entitled to receive royalties anytime a song they wrote is performed publicly, whether in a live venue, on the radio, in stores/restaurants, or broadcast. It would be impossibly difficult for a single writer or publisher to monitor every place around the world/country that plays the music and more difficult to collect the money.
The Performing Rights Organizations, in exchange for a small cut of the overall collected fees, take care of monitoring plays, ensuring venues have proper licenses, and collect and distribute royalties to the writers and publishers.
As for which is best, is controversial, they each have their unique method of calculations and it is a topic for another discussion. However, it should be noted that most countries around the world have only one Performing Rights Organization, which is ideal rather than the U.S. having three separate organizations.
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