
Most of the time, collaborations take place between people already involved in and know the business. They already know how to register their portion of the music with their PRO, etc.
I have a question regarding a friend of mine, who has no desire to be involved in the business, other than to provide lyrics. I explained to him I'd gladly split ownership of our song with him and take care of everything that needs to be done (submissions, marketing, etc.).
Since he's not set up with a PRO, how would he collect royalties if there's no sync fee involved?
If there is a sync fee and we have, say a 50/50 split, should I just write him a check, minus whatever his portion of the tax would be?
Your thoughts and comments are always appreciated.
Thanks,