Here is a comprehensive response on how to find a music publisher in a foreign territory, what to look for in that publisher, reasons for starting your own music publishing company, and an analysis of strengths and weaknesses in doing so:
To find a reputable publisher to represent your songs in a foreign territory, I would research established music publishing companies in your target countries and examine their rosters to see if they represent artists in your genre. Attending music trade shows and conferences in those territories can facilitate networking opportunities to meet publishers directly. I would pitch to companies open to taking on new writers and be persistent in following up.
When evaluating potential publishers, ascertain their reach and relationships with recording labels, artists, producers, and other industry contacts. Examine their track record in administering copyrights, collecting royalties, promoting writers, and securing placements. Opt for a publisher with longevity, infrastructure, and experience in your target territories. Seek favorable splits and terms in any deal offered.
Starting your own publishing company allows full control and ownership over your catalog and rights. It enables personalized promotion of your songs directly to recording artists and for licensing opportunities. Self-publishing permits you to retain a higher percentage of royalties. Additional reasons may be dissatisfaction with existing publishers, building a legacy business, or publishing other writers.
Strengths in starting your own company include passion for your music, personal relationships with talent, and willingness to self-fund initial operations. Weaknesses could include lack of infrastructure, limited industry connections, and inadequate experience in areas like licensing, royalty collection, and administration. Seeking a strategic partner or hiring experienced staff can offset weaknesses. Overall, calculated risks are required when launching any new publishing venture.
In summary, targeted research, networking, and persistence in pitching can secure foreign publishers with the right fit. Vet companies thoroughly and negotiate favorable deals. Starting a self-publishing company is rewarding but requires mitigating weaknesses like inexperience through partnerships and hiring. With proper planning, tenacity, and leveraging your strengths, you can succeed in publishing your music worldwide through the best channels.