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SoundExchange information


SoundExchange
FoundedSeptember 22, 2003
TypeNon-profit
Tax ID no.
760742496
Location
  • Washington, D.C.
Area served
International
ServicesRoyalty distribution
Members
155,000
Key people
Michael Huppe
(President and CEO)[1]
Revenue
---
Websitewww.soundexchange.com

SoundExchange is an American non-profit collective rights management organization founded in 2003. It is the sole organization designated by the U.S. Congress to collect and distribute digital performance royalties for sound recordings. It pays featured and non-featured artists and master rights owners for the non-interactive use of sound recordings under the statutory licenses set forth in 17 U.S.C. § 112 and 17 U.S.C. § 114.[2][3] As of 2023, the company serves a community of over 650,000 creators worldwide, offering various products and services.[4]

Overseen by a board of directors composed of artists, artist representatives, and sound recording copyright owners, SoundExchange is also an advocate for music licensing reform.[3] As of 2023, it has paid more than $10 billion to recording artists and rights owners.[5]

  1. ^ Bliss, Karen (April 25, 2017). "SoundExchange CEO Points to SiriusXM's Growth for Royalty Rate Increase Optimism". Billboard. Retrieved 15 December 2017.
  2. ^ Ingham, Tim (October 19, 2016). "WHAT DOES THE FUTURE HOLD FOR SOUNDEXCHANGE?". Music Business Worldwide. Retrieved 6 December 2017.
  3. ^ a b Sisario, Ben (August 4, 2015). "Rise of SoundExchange Shows the Growth of Digital Radio Royalties". New York Times. Retrieved 6 December 2017.
  4. ^ Dalugdug, Mandy. CD Baby Unveils CDB Boost Feature To Help Indie Songwriters Get Paid. Music Business Worldwide. 2023-11-14. Retrieved 2024-02-16.
  5. ^ Knopper, Steve (2023-08-28). "From Paper Checks to $10 Billion: SoundExchange Celebrates 20 Years of Royalty Payments". Billboard. Retrieved 2024-02-22.

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