What is SoundExchange?
What is SoundExchange?
SoundExchange provides royalty solutions for sound recordings and publishing, serving as a critical backbone to today’s digital music industry. The organization collects and distributes digital performance royalties on behalf of over 245,000 recording artists’ and master rights owners’ accounts.
What is the difference between Ascap and SoundExchange?
What is the difference? The royalties that SoundExchange collects and distributes are for the featured artist and the sound recording copyright owner. ASCAP, BMI and SESAC collect and distribute royalties for the songwriter, composer and publisher.
What is ISRC SoundExchange?
An ISRC is a unique identifier for recordings, and the preferred metadata to receive instead of the reliance on album name and marketing label. By using the unique ISRC assigned to a given sound recording, SoundExchange can disambiguate sound recordings that may otherwise have similar titles or other attributes.
Should I use SoundExchange?
Known as mechanical royalties, and are paid to publishers and artists. If your music is played on the radio and interactive streaming services, then you should definitely consider registering with Songtrust and SoundExchange.
Is SoundExchange worldwide?
SoundExchange is a worldwide leader in collecting performance royalties internationally. With dozens of reciprocal agreements with sister collecting societies, SoundExchange works closely with these societies to ensure our members receive royalties from performances of their recordings in foreign territories.
Do I need SoundExchange?
Recording artists and sound recording owners must be registered with SoundExchange in order to receive digital performance royalties for the use of their sound recordings on non-interactive platforms like SiriusXM, Pandora, and iHeart Radio.
Do I need SoundExchange if I have BMI?
SoundExchange vs BMI is the same as digital vs live/public. For Pandora, SiriusXM, and other non-interactive mediums, SoundExchange is needed to collect songwriter royalties from them. Whereas BMI will collect royalties for public performances such as radio or restaurants.
Do I need SoundExchange if I have DistroKid?
Do I Need SoundExchange If I have DistroKid? You do not need to register with SoundExchange if you use DistroKid to distribute your music as DistroKid already collects master recording royalties on your behalf.
What is P line SoundExchange?
The P Line, often marked with a ℗, identifies that their is an owner to the rights of a sound recording. Whatever follows the P Line should identify who is the owner of those rights. This is marked on every release of a piece of music that has ℗ copyright.
Can I have SoundExchange and BMI?
Is SoundExchange for songwriters?
SoundExchange collects royalties from many sources. It is usually only the songwriter and/or the publisher that receive performance royalties from terrestrial radio. The actual performing artist is very much overlooked. SoundExchange ensures to distribute performance royalties to recording artists as well.
SoundExchange is the sole organization designated by the U.S. Library of Congress to collect and distribute digital performance royalties for sound recordings.
What is SoundExchange admin fee?
a 4.5%
SoundExchange was created to collect and distribute digital performance royalties. They keep a 4.5% cut for administrative costs and pay the remainder as follows: 45% to the featured artist. 5% to the non-Featured artists (backing musicians)
Does Spotify pay SoundExchange?
Streaming services (like Spotify) pay artists based on a percentage of revenue that the service receives from subscription and ad revenue. In addition, you may be eligible to collect other types of streaming royalties from SoundExchange.
Does SoundExchange collect from Spotify?
To make matters more confusing, SoundExchange does not handle royalty distribution for on-demand streaming services like Spotify and Apple Music, which pay rights-holders directly via deals between the tech companies and the major labels.
Can I register with BMI and SoundExchange?
ASCAP, BMI and SESAC collect and distribute royalties for the songwriter, composer and publisher for the musical composition. If you are an artist or a rights owner, you should register with us, so you receive your digital performance royalties.
Does CD Baby use SoundExchange?
CD Baby is partnered with SoundExchange to collect these royalties on behalf of Sound Recording Copyright Owners (SRCOs).
Does CD Baby submit to SoundExchange?
According to a recent announcement, CD Baby is now able, on behalf of its members, to collect sound recording royalties that are paid to SoundExchange and owed to rights owners. However, SoundExchange will not pay your Artist share of royalties to CD Baby.
How do you get SoundExchange royalties?
How do I collect Digital Performance Royalties from SoundExchange? You should sign up directly with SoundExchange as an artist, register your sound recordings, and claim the Featured Artist Share (and Non-featured Artist Share if applicable). SoundExchange will pay the Featured Artist share directly to you.
What is the history of SoundExchange?
History. SoundExchange was created as a division of the RIAA in 2000. In 2001, major record labels and artists agreed on a standard for paying royalties earned from cable and satellite music services, and SoundExchange made its first payment, distributing $5.2 million in royalties to recording artists and labels.
How do I register for SoundExchange?
Registering is free, easy, and fast. You may also register by mail, fax, or email by downloading and submitting the completed registration forms to our mailing address or by email to [email protected] If you have questions, please call us at 1-800-961-2091. Download the registration forms below:
Why should I become a SoundExchange member?
When you register to receive royalties, we encourage you to also become a SoundExchange member. Membership is free and qualifies you for exclusive benefits. Learn more >>
How does SoundExchange distribute the collected royalties?
As of January 1, 2003, SoundExchange is designated by the United States Copyright Office to also distribute the collected royalties to copyright owners and performers entitled under and pursuant to 17 U.S.C. § 114 (g) (2).