What is the difference? Answer: The royalties SoundExchange collects and distributes are for the featured artist and the sound recording copyright owner. ASCAP, BMI and SESAC collect and distribute royalties for the songwriter, composer and publisher for the musical composition.
Do I need SoundExchange if I have BMI?
So, in short, no, SoundExchange reporting does not supersede (or eliminate the need for) BMI/ASCAP/SESAC reporting. Currently BMI is accepting the report we generate each quarter to cover their specific streaming authorship royalties – through 2016.
What percentage does SoundExchange take?
Royalties administered by SoundExchange are apportioned 45 percent to the Featured Artist(s), 50 percent to the Rights Owner, and 5 percent to a fund administered by AFM and SAG-AFTRA for distribution to Non-Featured artists (e.g., session players).
Is SoundExchange legitimate?
What sounded like a scam at first — not just to the duo, but to most of the musicians who’ve gotten the same message for the past few years at SXSW — was actually a legitimate notice, sent on behalf of SoundExchange, a non-profit rights management organization designated by the U.S. Congress to collect royalties from …
What does SoundExchange collect on?
SoundExchange collects royalties for ALL sound recordings played on non-interactive digital radio. This includes recordings and soundtracks made by actors, comedians, and spoken word artists in addition to musicians.
Who is better Ascap or BMI?
BMI and ASCAP are very similar in how they collect and payout performance royalties, and have similar perks and benefits, but the lack of signup fees and faster payouts can make BMI a slightly smarter choice for songwriters.
Does Spotify pay SoundExchange?
TuneCore’s digital store partners where your releases are distributed payout for downloads and streaming sales. Streaming services (like Spotify) pay artists based on a percentage of revenue that the service receives from subscription and ad revenue.
How do you get paid from SoundExchange?
Both satellite radio providers and digital radio webcasters pay SoundExchange when they stream music due to their utilization of the statutory license. If you are an artist or a rights owner, you should register with us, so you receive your digital performance royalties.
How do I get royalties from SoundExchange?
Artist & Rights Owner Menu
Recording artists and sound recording owners must be registered with SoundExchange in order to receive digital performance royalties for the use of their sound recordings on non-interactive platforms like SiriusXM, Pandora, and iHeart Radio.
How do I claim SoundExchange?
My Catalog Update: Search & Claim—Artist Royalties
- Step 1: Review Performer(s) The first step of this process is to review the performer(s) that is currently associated to your registrant account. …
- Step 2: Search for Recordings. …
- Step 3: Organize Your Claims. …
- Step 4: Make Your Claims. …
- Step 5: Submit.
Is there an alternative to SoundExchange?
It’s very unfortunate that there is no alternative to SoundExchange. We have government regulated PROs in this country (ASCAP and BMI).
Do you need Songtrust and SoundExchange?
Publishers and songwriters need Songtrust to collect mechanical royalties, but if you own your master recordings and/or are a performing artist, you should certainly think about registering with SoundExchange as well.
Do I need SoundExchange if I have Ascap?
Pandora, Rdio, iTunes Radio, Spotitfy, etc. must pay both ASCAP, BMI, SESAC public performance fees for musical works AND digital performance fees for sound recordings. … Those stations DO have to pay digital performance royalties to SoundExchange for those non-interactive streams.]
How long does SoundExchange take to process?
Processing time is usually 30–45 days, volume permitting. Royalties are distributed monthly by direct deposit and quarterly, at the end of March, June, September, and December by check.
Does SoundExchange collect neighboring rights?
While the US does not have a traditional collection society for neighboring rights royalties, there is an agency called SoundExchange that collects digital radio royalties for broadcast on non-terrestrial radio — i.e. satellite radio like SiriusXM, and Internet radio like Pandora, iHeartRadio, and other webcasters.
Does SoundExchange collect from SoundCloud?
Whether or not you earn royalties from Soundcloud is conditional. When you upload content to SoundCloud through its free service (a Basic account as opposed to a Pro or Pro Unlimited plan), royalties are not generated or collected.