SESAC Announces Major Change In Royalty Distribution
Most Progressive PRO To Launch Monthly Royalty Distribution Model
(Nashville, TN): SESAC, the nation’s most progressive performing rights organization, has announced a new and ground-breaking development in royalty distribution.
SESAC will accelerate domestic/terrestrial radio performance royalty payments from the traditional quarterly distributions to monthly distributions beginning over the next several months and plans to expand the monthly royalty distributions to other performance platforms later this year.
“We are proud to provide this accommodation to our affiliates and to continue SESAC’s legacy of providing the best level of service to songwriters and music publishers,” said Pat Collins, President and Chief Operating Officer.
SESAC utilizes the advanced tracking technology provided by Broadcast Data Systems (BDS) to monitor radio to ensure the most complete and accurate radio royalty payment to its affiliates. SESAC, the first performing rights organization to fully integrate fingerprinting technology into its survey and distribution systems continues to build on the efficiencies of pioneering technology to further expedite payments to rights holders.
Established in 1930, SESAC is a service organization created to serve both the creators of music and music users through music licensing and timely, efficient royalty collection and distribution. The second oldest and fastest growing performing rights organization in the U.S., SESAC is known for its diversified repertory that includes genres ranging from Adult Contemporary, Urban, Jazz, Rock, Americana, Contemporary Christian, Latin, Country, Gospel, Dance, Classical and New Age. SESAC is also rapidly becoming the performing rights organization of choice among many of Hollywood's most sought-after film and television composers. Headquartered in Nashville, the company also has offices in New York, Los Angeles, Atlanta, Miami and London. (www.sesac.com).
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