Posted in 2010 #31, Newsletter by A2IM
Hold the date! We will have a SoundExchange conference call on Wednesday February 10th at 2PM EST/11AM PST. The call is being held to ensure that all labels and their artists get the royalties they are entitled to receive. Topics for this call will include how best to regularly check that all of your repertoire is properly designated and that someone else isn’t being paid for your tracks
In the meantime verify you are receiving all of your label’s SoundExchange performance royalties by reviewing the statement you receive from SoundExchange against a list of the sound recordings your label controls. The reason we raise this as an issue is because the SoundExchange royalty reporting is based upon the ownership information on tracks that comes from the services (Sirius/XM, Clear Channel, Slacker, etc.) reporting and a number of our members have noticed missing titles so members should audit the SoundExchange reports they receive.
In addition there are tracks in the SoundExchange system that are unclaimed. On the call on February 10th we will describe the system to match your repertoire against the SoundExchange filesand if you want to get started contact Will Holmes at wholmes@SOUNDEXCHANGE.COM
SoundExchange Five Rules:
- Your label has registered ALL your titles with SoundExchange, right?
- You check your titles at least once a year to ensure no one is being wrongly paid money that belongs to you, right? If not contact Will Holmes, wholmes@soundexchange.com to check your list.
- You keep 100% of the money you receive as the artists are paid directly, right? (Unless you and your artist have a joint venture or profit split for the master)
- You watch out for your label’s artists and make sure they are all registered, right?
- If the answer to #4 is no, you will send them the below e-mail, right?
This is the e-mail you should send your artists:
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Tags: royalties, SoundExchange
