The Harry Fox Agency (HFA) has announced a new program which offers publishers a chance to greatly reduce the commission rate on royalty distributions from HFA. Under its new Reduced Commission Program (RCP), publishers are guaranteed a rate of 5.25% in exchange for centralizing all their U.S. mechanical licensing and royalty processing with HFA. Additional publisher benefits include advances and the inclusion of all musical works in HFA’s Royalty Compliance Examinations.
Churgin
According to Gary Churgin, President & CEO of HFA, “In these unpredictable and ever-evolving times in our industry, we want to do everything possible to help publishers in making their businesses more cost effective and more importantly, cheaper to run. We are ecstatic to be able to offer to our clients more services at an even more attractive price.”
HFA is a leading provider of rights management, licensing and royalty services for the music industry with over 46,000 music publishing clients.
Category: Organizations, Publishing
About the Author
David M. Ross has been covering Nashville's music industry for over 25 years. dross@musicrow.comView Author Profile
