Saturday, December 20, 2014

SoundExchange - Fighting For Your Digital Streaming Royalties

In the challenging world of music, it is becoming increasingly difficult for musicians to make a substantial amount of revenue from their craft without stretching themselves too thin. One obvious choice is royalties, but many do not get the required exposure and coverage of their material to receive any royalties from ASCAP or BMI. Another avenue is licensing, which allows you to exposure you content to different mediums and markets not directly associated with your target market.

There is one player in town though that offers royalties from online plays/streams and it is SoundExchange. The one cool thing I like about them is that they can even get you paid for past online plays also (Up to 3 years back). I will say the application process is a bit drawn out but if you are mainly featured online, then this is probably your most important tool for royalties payments. Be sure to have a voided checked and a Driver's license which will have to be scanned and sent to them for processing. If you are an artist, producer, or copyright owner, you should definitely watch this short video about the benefits of becoming a member of SoundExchange. After all, membership is FREE!