MI2N
Music Industry News Network
WEDNESDAY, DECEMBER 13TH
Advanced Search
MusicDish Advertising Network
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 09-26-2004

SoundExchange: Digital Rights Organization Announces Nationwide Search For Musical Performers Who Are Owed Royalties

Bookmark and Share

SoundExchange, the first performance rights organization designated by the U.S. government to collect royalties on behalf of recording artists and record labels, is conducting a nationwide search for featured recording artists in order to disburse royalties owed. For the first time, performers stand to gain from non-interactive digital airplay—satellite radio, Internet radio and cable/direct TV radio—in the United States. If artists or their heirs do not come forward and register with SoundExchange by December 31, 2004, they will lose their share of the first royalties collected during the newly established organizations first distribution cycle- between 1996 and 2000.

Unlike ASCAP, BMI or SESAC, SoundExchange is the first institution to pay the actual featured performers for the public performance of sound recordings on which they appear, rather than songwriters, including many recording artists who have previously not been compensated. SoundExchange has already paid out almost $16 million covering over 200 million digital plays for approximately 6,000 members since its establishment in 2000. Based in Washington, D.C., SoundExchange is a nonprofit organization governed by a board of artist and label representatives.

Among the 38,000 artists who have not yet claimed their funds are such diverse acts as The Shangri-Las (1960's girl group who sang the hit "Leader of the Pack"), Black Sheep (1990's rap duo best know for "The Choice is Yours") and The Count Five (garage rock band who influenced many with "Psychotic Reaction").

SoundExchange will pay anywhere between $10 and approximately $6,000 depending on airplay. Every genre is represented including music in foreign languages.

"I am very pleased that SoundExchange has signed up thousands of artists. Our search, however, has made us realize how many thousands more we still must find. Today we are launching our most aggressive effort to locate and pay the deserving artists who are either unaware of their new right or who have not come forward to claim their earnings," said SoundExchange Executive Director John Simson.

Featured artists—those listed on the cover of an album—get 90% of the artists' share of royalties. An additional 10% of the artists share goes to the backup musicians and backup vocalists, via an independent trust fund administered by the, AFM and AFTRA. (For more info on this fund, go to www.raroyalties.org). In addition to these new U.S. digital royalties, featured artists who become official SoundExchange members by signing a Designation & Authorization letter are also eligible to receive valuable membership benefits such as the payment of foreign royalties. These royalties, collected on behalf of U.S. recording artists, are from both digital and terrestrial performances that SoundExchange has repatriated from certain foreign performance royalty organizations. Artists or their heirs, who sign up prior to December 31st, will receive both their past and current royalties in the first quarter of 2005.

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

The Ed Sheeran Of The Hare Krishna World: Meet Cyril Wohrer

"Mountain Songs" Music From The Heart Of The Mountains

Hybrid Studios Now Offering Online Disklavier Services

Roger D'Arcy Releases 'TUMBLING' From Latest Album HOUSE OF HEADS

Katie Garibaldi Releases Original And First Ever Holiday Album, Home Sweet Christmas

Dark Avenue Premiere "The Light" Music Video

A True Life Touching Song Wins Top Honors In The 22nd Annual USA Songwriting Competition



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Kobalt Capital Closes Second Music Royalties Fund With $600 Million In Investment Capacity
» Rare 78rpm Records Are Being Digitized Using Prism Sound Titan Audio Interfaces
» Asylum Records Relaunched In U.S.
» Emiko Releases New Music Video Highlighting Survivors Of Sexual Abuse
» Billboard Single “God With Us” By CLARĒTA Haddon Gains Mainstream Radio Traction
» Jon Batiste Becomes Music Director Of The Atlantic
» Amazing Music Tracks - Free Music Licensing
» Rick Vines All Stars Travel To SPACE! Mon Dec 4th!
» LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits
» New Rock Band Cathedral Reign Recording New Music


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Lithuanian Band Grabs Bronze At The Silk Road Indie Music Festival 2017
» Live Entertainment Specialists Headliner Launch Premium Artist Booking Service
» Voice-Controlled Speakers & The Music We Listen Too
» Nordic & British Musicians' Unions' Joint Statement On Sexism In The Music Industry
» Women Make An Impact On The 2018 MPG Awards Shortlist
» The Nashville Musicians Sound Healthcare Plan Rolls Out
» Streaming & Listening Diversity - Spotify Case Study
» Two-Sides Of Copyright Finance: Sound Royalties & Kobalt
» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes
» Europe's Digital Music Leaders Form Alliance
» Pandora Subscriber Base Grows To Over 5 Million
» Hybrid Studios Announces Online Mastering Services

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2017 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.