We love summer and we love helping music creators, so things are looking pretty good. We’re only halfway through the year, but by one important measure we’re on pace to shatter our 2016 efforts. In Q2 we registered more than 9,000 new music creators. That was 27 percent higher than in Q2 2016. Music creators understand how important it is to register with SoundExchange, and we understand how important it is to get your digital performance royalties to you – quickly, accurately and efficiently. With more artists and rights owners registered with SoundExchange than ever before, things are heating up. And not just because it’s summer.
Paid to recording artists and rights owners
In 2017, Music Creators Keep Flocking to SoundExchange
SoundExchange is the leader in music rights management, distributing digital performance royalties faster and at a lower cost than any other agency. In other words – more money, more quickly for music creators. In May, we took a bold step, bringing our expertise to the music publishing side of the industry. We acquired the Canadian Musical Reproduction Rights Agency (CMRRA), marking the first time a collective rights agency for sound recordings has purchased a collective rights agency for compositions. We are bringing our trusted, efficient, innovative solutions to music publishing. And that’s good for all music creators.
The Second Annual Summer Music Celebration featured one of the best new hip-hop performers out there:Jidenna. The dapper teacher-turned-artist was about as electric as it gets. He sang, danced and gyrated a little bit for more than 400 music fans at our private show, held June 21 at the Newseum in Washington, D.C. The “Classic Man” singer put on a classic show. And it was all for the benefit of Duke Ellington School of the Arts.
Brandy Norwood is a renowned singer, GRAMMY® Award winner and Broadway actress. She was incredible as Roxie Hart in the musical, Chicago. So, we were pretty happy when she visited SoundExchange in April. She’s as beautiful and gracious as ever, and we were honored that she took time from her busy schedule to stop by and talk about what she’s up to these days.
In June, American Association of Independent Music (A2IM) held one of its biggest Indie Week conferences ever, and SoundExchange was there with our friends in the indie community – the artists and labels who are so important to the music community.
The 6th Annual A2IM Libera Awards was the highlight of the Week and SoundExchange President and CEO, Michael Huppe, was honored to present Nick Lowe with the Independent Icon Award. During a career that has spanned more than 40 years, the artist who performed “Cruel to be Kind” has released albums on more than a dozen indie labels. He also wrote the Elvis Costello hit “(What’s So Funny ‘Bout) Peace, Love and Understanding.” His first band, Brinsley Schwartz, developed a pub rock sound that evolved into punk rock. Congrats, Nick! You deserve it!
Music is about telling stories. When we hosted “Freedom Sings” at the Newseum in April, journalist and educator Ken Paulson used music to tell a story about the history of free speech in America. With a band covering some of the many important songs in rock, Paulson told a detailed story about the artists who fought for their First Amendment rights and how their songs helped shape views about politics, politicians and war.
Frédéric Yonnet likes digital radio because it gives him “more opportunities to discover fresh talent.” Yonnet (pronounced ya-NAY) is a harmonica player who has revolutionized the instrument throughout his career as an urban jazz musician. We also spoke to Yonnet about why he began to play the harmonica, the difference between the chromatic harmonica and the diatonic harmonica and working with legends including Prince and Stevie Wonder.
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SoundExchange develops business solutions to benefit the entire music industry. The organization collects and distributes digital performance royalties on behalf of nearly 150,000 recording artists and master rights owners accounts and administers direct agreements on behalf of rights owners and licensees. To date, SoundExchange has paid out nearly $5 billion in royalties. SXWorks, a SoundExchange subsidiary, acquired the Canadian Musical Reproduction Rights Agency Ltd. (CMRRA) which represents music publishers and administers the majority of songs recorded, sold and broadcast in Canada.