SoundExchange distributed $208.7 million in sound recording performance royalties during the second quarter, bringing its 2018 distributions to date to more than $398.6 million. The performance royalty distributor had several other noteworthy activities in the period that it shared in its most recent report. Continue Reading
SXWorks, a SoundExchange subsidiary, announced two new services to broaden its capabilities in searching and claiming address unknown Notice of Intention to Use filings. The new NOI Premium Services offers more paths for publishers and songwriters to claim unpaid mechanical royalties from digital service providers. This service includes Works Claiming and Recordation. Continue Reading
SoundExchange introduced a new tool called the Music Data Exchange. This application allows labels and publishers to share their data about music in a free database. It offers a hub for real-time metadata and data requests that could make it easier to claim ownership of a recording or composition. Continue Reading
SoundExchange announced that it has paid out a cumulative $5 billion in royalty distributions since the company’s founding. The December 2017 payouts tipped the company past the milestone. Continue Reading
SoundExchange subsidiary SXWorks announced the launch of a new service for music publishers and songwriters called the NOI Lookup. This searchable database contains all the address unknown Notice of Intention to Use filings made with the U.S. Copyright Office. These NOI filings are intended to inform a copyright owner of intent to distribute a musical composition. Continue Reading
Michael Huppe has signed a contract to remain the CEO of SoundExchange. He has been in the top role since 2011, and will stay in that position for another four years under the newest contract. The group’s annual collections have grown by more than 150% since Huppe took over. Continue Reading
SoundExchange has acquired CMRRA (Canadian Musical Reproduction Rights Agency). CMRRA licenses mechanical and reproduction rights for streaming platforms, physical formats, satellite radio, and analog broadcasting. This purchase marks SoundExchange’s first move into publishing rights. Continue Reading
Richard Conlon, veteran executive in communications and rights management, joined SoundExchange this week as Chief External Affairs Officer. Conlon will report to SoundExchange CEO Michael Huppe. This newly created role will have broad purview in SoundExchange’s pivotal position in the digital music industry. Continue Reading
SoundExchange issued $883.9 million in royalty distributions during 2016. That result marked a nearly $80 million increase over its previous record-setting performance from 2015. It was another year of solid growth for SoundExchange payouts. Continue Reading
Pandora has been re-thinking its licensing, inking direct deals with labels and publishers over the past two years. Despite those changes to the audio company’s licensing structures, SoundExchange will still be managing Pandora’s payouts to artists from the free tier. Continue Reading
As 2016 crawls to a close and 2017 emerges on the horizon, it’s time for that most time-honored of traditions: the year in review. Music companies of all stripes have released their assessments of top performers from the past twelve months. Here’s a collection of the high points from 2016. Continue Reading
SoundExchange shared its data for Q3 2016 royalty payments. The company paid out $263.5 million in royalties during the period. That’s growth of 29.2% from Q3 2015’s $204 million. Continue Reading