Whether or not to pursue a music publishing deal is a personal decision that depends on a number of factors, including your goals, musical style, career stage, and financial situation. However, some general guidelines that can help you determine when to pursue a music publishing deal include:
- Established Career: If you have a solid reputation and established career as a songwriter or musician, it may be a good time to consider a music publishing deal. A publishing deal can help you monetize your existing catalog and provide you with additional opportunities for income.
- Consistent Output: If you have a consistent output of new music and a growing catalog, it may be time to consider a publishing deal. A publisher can help you manage and exploit your catalog, and provide support for your career.
- Financial Stability: If you are comfortable with your financial situation and have sufficient resources to cover your living expenses, a publishing deal can provide you with additional income and financial stability.
- Goals and Aspirations: If your goal is to focus on writing and recording music, a publishing deal can provide you with support and resources to help you achieve your goals. On the other hand, if you prefer to maintain complete control over your musical works, a publishing deal may not be for you.
- Market Conditions: The music industry is constantly changing, and the availability of publishing deals can vary depending on market conditions. It may be a good time to consider a publishing deal if the market is favorable and you have a strong demand for your music.
Ultimately, the decision to pursue a music publishing deal should be based on your personal goals and circumstances. It’s a good idea to seek professional advice, including legal and financial guidance, to help you make an informed decision.