Digital stream royalties and Sound Exchange
Copyrighting and royalties in music industry have now become extremely important for the artists and musicians as the artists want to protect their rights. Lack of awareness about these two can result into losses for the artists. Every copyrighted song publicly generates royalties for the artists whether it is on jukebox and radio station or at any sports event.
In the United States, the organizations like ASCAP and SESAC collect these royalties and distribute them among the publishers and artists. The compensation rights for composers and the singers differ for terrestrial broadcasters from those for webcasts or cable music stations. Performance through web i.e. digital streaming, leads to generation of higher compensation for the artists.
Digital performance royalties are managed by the organisation for performance rights – Sound Exchange. It allows the artists, writers and singers to apply for a license that can allow Sound Exchange to collect royalties for them. Sound Exchange collects the royalties from all media and then distributes the royalties to the members. This can help the artists and musicians greatly in order to get their righteous reward.
There are many plans offered by Sound Exchange that can be availed by the artists and they can consult and opt for the best one. Sound Exchange covers more than just the digital royalties like radio and other transmissions. Hence it can work as a liaison between the record labels or artists and the music industry.
Digital stream royalties and Sound Exchange
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