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October 2011: SoundExchange Statement on Sirius XM Direct Licenses and the Statutory License
October 27thSoundExchange recently received questions from artists and independent labels about Sirius XM’s requests for direct licenses. Those offers are apparently being delivered by Music Reports Inc. (MRI), a company that represents the services who use music rather than the people and companies that make music. Indeed, MRI’s website states that it strives to license music from music creators “at the lowest possible cost.”
We are not privy to the discussions MRI is having about these direct licenses. We can, however, provide some background about the statutory license for satellite radio, and what we do on behalf of the thousands of record labels and recording artists that we represent.
Read MoreSoundExchange Contributes To Music Industry Growth With Highest-Ever Quarterly Distribution
October 25th“World’s Biggest” Sound Recording Performance Rights Organization Delivers $88 Million in Q3 to 18,300 Artists and Labels
WASHINGTON, DC – October 25, 2011 – SoundExchange announced today that it has distributed nearly $88 million to more than 18,300 payees designated by recording artists and labels during the third quarter of 2011. SoundExchange is the non-profit performance rights organization (PRO) that was appointed by the Copyright Royalty Board to collect and distribute statutory performance royalties owed to recording artists and sound recording copyright owners. The quarterly distribution, SoundExchange’s largest to date, includes royalties paid by Internet radio, satellite radio and cable TV music-only channels.
Read MoreSoundExchange and CD Baby to artists, labels: “Come claim your cash.”
October 21stOrgs. spread news of $1M in back royalties owed to 14,000+ creators
SoundExchange, the non-profit performance rights organization authorized to collect royalties for the digital performance of sound recordings, and CD Baby, the online music store and digital distributor, have announced a reprise of their initiative to notify hundreds of recording artists owed back royalties. The match, which the organizations hope to make an annual event, identified 14,380 CD Baby-affiliated artists and labels are collectively owed more than $1 million.
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