My previous blog I talked about the other
Performance Rights Organizations. SoundExchange is a non-profit performance
rights organization. They collect royalties for independent artist who record
their own masters for satellite radio, Internet radio, music channels and other
streaming sound recordings.
Before 1995, Sound Recordings did not have
any type of performance rights; that meant that monies due to did not get paid.
The Digital Performance in Sound Recordings Act of 1995 and the Digital
Millennium Copyright Act of 1998 granted a performance right in sound
recordings in some kinds of digital media.
SoundExchange is in charge of all
statutory license fees or a compulsory license. SoundExchange is also working
with the US Copyright Office on how statutory license are used. “According to SoundExchange
they currently represent over 5,000 registered record labels and 43,000
registered artist; over 48,000 performer accounts, 20,000 Sound recording
copyright owners and to date they have paid out over $900 million in
royalties.”
I want to talk about several reason why
you as a, performer or service provider should register with SoundExchange.
This blog will focus on performers since my main interest is in Artist
Management. My mission is to represent my artist to the fullest of my ability
and keep them inform.
Registration and membership with
SoundExchange is always 100% free, and now that is a word that we do not hear too
often. You will receive the royalties that are due to you. You will not
jeopardize your membership with the other performance rights organizations.
They are in existents to pay songwriters and publisher; SoundExchange pays the
performers and copyright owners. Each performer shall register if they are in a
band or not. Do not assume just because one of the members of the band signed
up that everyone signed up.
I will admit there are a lot of forms that
you have to fill out. The forms can be confusing and if you do not understand
them then seek help. We know most people will get to a certain point and
abandoned the transaction all together, but doing so will only hurt you as a
performer or copyright owner in the long wrong. You might now make a lot from
it, but if you are due royalties then you need to register with SoundExchange
and get what is rightfully yours every quarter. It does not matter if the
performer had passed away they are still able to receive royalties to his or
her estates or heirs.
The beauty of music is the creation of
where it comes from, so be unique and different!
Sing,
write, compose and produce from your heart!
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