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Sesac

Cons: It's not an open enrollment process, you have to be approved to join. They're the only one of the 3 royalty companies that's "for profit"(ie. they keep a portion of your royalties). Their CEO, Stephen Swid, is a complete douchenozzle who's one goal in life is to vacuum up every last bit of money in the world and keep it for himself.

Pros: They're smaller than ASCAP and BMI.
 
been a member since 2001, band I was in had some minor interest, after doing a showcase in NY, one of those labels got us in sesac. haven't had any problems, and what little $ I've made has been sent to me without any problems. the info they give you with your $$ is very detailed.
hope this helps..

Yes it doe's...Thanks