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For the third consecutive quarter, it’s my pleasure to announce our largest distribution to date: a record-breaking $65 million is on its way to our recording artists and copyright owners, pushing us well above a half Billion dollars in distributions in the last nine years. Individual payments are also at their highest level ever. Over 5 years, average artist payments have increased from $700 to $2,800 a year. Over the same period, average copyright holder payments have increased from $5,000 to $14,000. When SoundExchange was formed, the royalties we paid out were a rounding error for most artists and labels. Now we’re a budget item and increasingly… read more |
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Distribution Services has continued the upward trend in royalty distributions we started in August 2009. The record-breaking distributions of the past several quarters have been due to our efforts to associate previously unpaid performances to artists and labels as well as allocating royalties that… read more |
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As we’ve previously reported, last year, SoundExchange filed its direct case in a proceeding before the Copyright Royalty Board (CRB) to set rates and terms for webcasters for the 2011-2015 license period (also called “Web III”). SoundExchange submitted written testimony from six witnesses in… read more
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Bluegrass bandleader, singer and guitar picker Ernie Thacker has seen some of the best luch, and the worst, in the music business over the last ten years. As a young man, blessed with an exceptional voice, he was good enough to be noticed by one of the bluegrass legends Ralph Stanley.
After a stint with Stanley, Thacker started his own band, but in 2006, bad luck struck. He was involved in a bad automobile accident that put him in the hospital. He lost half… read more |
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SoundExchange has been busy as ever this quarter: attending, sponsoring, or speaking at music festivals, conferences and meetings. We always try to be where the artists and copyright holders are, spreading the word about performance rights and helping folks get registered and maximize… read more |
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| SoundExchange is a 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 U.S. Copyright Office has entrusted SoundExchange as the sole entity in the United States to collect and distribute these digital performance royalties on behalf of featured and non-featured recording artists, master rights owners (usually record labels), and independent artists who record and own their masters. |
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