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-   -   Sound Exchange : Come Get Yer Money! (https://www.gearslutz.com/board/music-business/494579-sound-exchange-come-get-yer-money.html)

rack gear 20th May 2010 06:15 PM

Sound Exchange : Come Get Yer Money!
 
Exclusive: SoundExchange Holding Over $200 Million In Unpaid Artist Royalties... - Digital Music News

Quote:

At SXSW recently, SoundExchange was trying to match $1 million in unpaid artist royalties. But the non-profit is holding an unpaid royalty account of more than $200 million, according to documents obtained by Digital Music News and information shared directly by the company. And, given the growth arcs, the amount may be quite a lot more.
Performer / SRCO Home

petermichael 21st May 2010 05:08 AM

Nobody seems concerned. I posted on this in March. From an LA Times article.

take-your-royalty-checks-soundexchange-begs

hopefully, more folks will pay attention to the geek.

superbee 15th July 2011 09:36 PM

You cannot be paid until your account reaches the "release of funds threshhold". I checked in with them and I just reached the mark and I have around $20 dollars available :)

There seems to be something very fishy about the whole thing though.
What if I do not want a broadcaster to have to pay to play my songs? Why should they have to pay someone else for my work?

chrisso 16th July 2011 01:57 AM

Quote:

Originally Posted by superbee (Post 6849028)
There seems to be something very fishy about the whole thing though.

Similar programs have been working very well in the UK for years.

work2do 16th July 2011 02:04 AM

Quote:

Originally Posted by superbee (Post 6849028)
You cannot be paid until your account reaches the "release of funds threshhold". I checked in with them and I just reached the mark and I have around $20 dollars available :)

There seems to be something very fishy about the whole thing though.
What if I do not want a broadcaster to have to pay to play my songs? Why should they have to pay someone else for my work?

publishing is how songwriters survive. every radio station and satellite station pays into the PRO's. Always been like that for broadcast radio (even most clubs/bars pay a fee, especially if they have bands doing cover songs). Satellite started paying a few years ago. sound exchange first started sending me payments 3 years ago. all money basically from satellite radio xm and sirius. i get a quarterly deposits just like BMI. A lot of entities have a threshold before they send the money. Even google.

charmingtedious 30th August 2012 11:02 PM

Soundexchange recently released a long list of artists who have not claimed their royalties. Some pretty big names on there!

I found a couple dozen of my friends' bands on there and let them know.

Maybe you could do the same?


Here's an article I wrote about it.

Cgbravo 1st September 2012 05:52 PM

They've made the submission/registration process a bit easier as well, I guess I'm pending since my name still appears lol