A2IM’s consistent message is that independent labels must maximize every revenue stream. Part of that message is to be aware of and collect foreign master performance royalties. SoundExchange, the not for profit U.S. performance royalty collection society announced yesterday that they’ve struck several important reciprocal agreements to collect performance royalties for U.S. labels in France, Spain, Sweden, Ireland and Jamaica. Additionally, SoundExchange announced that they’ll waive their admin fee as they pass through these royalties from the collection societies in those territories.
Read the full story HERE.