Did you know? Non-interactive digital streaming services — such as Internet radio, satellite radio and cable TV music services — are eligible to use the statutory license, giving them access to any commercially available sound recording.
In exchange, they send SoundExchange their playlists and royalties. We then split the royalties between artists and record labels based on how frequently their recordings are streamed.
Paid to recording artists (including
spoken-word actors and comedians)
and record labels
Paid in Q1 2014
Increase in SoundExchange payments from
to Q1 2014
Increase in number of payees from
to Q1 2014
It’s no secret that the digital streaming industry is skyrocketing. In 2013, SoundExchange payments — which come from both subscription and ad-supported non-interactive streaming services — represented a large portion of total U.S. music streaming revenues.
U.S. recorded music revenue in 2013
SoundExchange percentage of total U.S. music streaming revenue in 2013
For over 10 years, SoundExchange has been the independent performance rights organization helping the music and creative community thrive in the digital age by collecting and distributing digital performance royalties to featured artists and rights holders for the use of their sound recordings.
of all payments are paid directly to the featured recording artist
SoundExchange believes backup musicians and session players play a vital role in the recorded music industry. In Q1 2014, these unsung heroes received some well-deserved recognition for their valuable contribution to the music we love and enjoy: ‘20 Feet From Stardom’ Wins Oscar for Best Documentary Feature
According to Gartner Research, in 5 years 70 to 80 percent of all new vehicles will include high-speed wireless service options. As in the smartphone wars, the same players —Google, Apple and Microsoft — are battling for supremacy over the connected car.
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SoundExchange is an independent non-profit organization at the intersection of technology and music. SoundExchange ensures that recording artists and recording artists are compensated when their work is broadcast by non-interactive digital radio.
SoundExchange royalties are paid by more than 2,500 non-interactive Internet radio, satellite radio and cable radio services for their use of sound recordings. These royalties are distributed by SoundExchange directly to the recording artists and record labels that earn them.