Heads Up: A New Tax Requirement for Letters of Direction

By Morgan Kaylor For years, SoundExchange has enabled artists to allocate a percentage of their royalties to producers, mixers, and sound engineers – that is, “creative participants.” Once an artist has submitted a Letter of Direction (LOD) and it has been processed, SoundExchange will distribute royalties to these creative participants via a payee account, just … Continue reading Heads Up: A New Tax Requirement for Letters of Direction