SoundExchange is the non-profit performance rights organization that collects statutory royalties from satellite radio (such as SIRIUS XM), internet radio, cable TV music channels and similar platforms for streaming sound recordings. The Copyright Royalty Board, which is appointed by The U.S. Library of Congress, has entrusted SoundExchange as the sole entity in the United States to collect and distribute these digital performance royalties on behalf of featured recording artists, master rights owners (like record labels), and independent artists who record and own their masters.
On January 19, 2012, SoundExchange presented a webinar to update music service providers and webcasters on what they need to do by the close of the month and where to find the information that they need. Members from SoundExchange’s Legal team also answered FAQs for the service provider community during this webinar.
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