When your music is played on non-interactive digital radio, you are entitled to collect digital royalties. SoundExchange pays royalties directly to music creators, offering monthly payments at one of the lowest administrative rates in the music industry and paying out most royalties within 45 days of receipt.
SoundExchange currently has a community of 570,000 creators and counting. Members can choose to allow SoundExchange to collect royalties internationally through something called neighboring rights.
SoundExchange has more than 50 collections agreements with counterpart organizations in countries across the globe covering 80% of the neighboring rights market outside of the US. Best of all, registering and becoming a member of SoundExchange is free, fast and easy.
Symphonic can collect SoundExchange royalties on behalf of sound recording owners and/or rightsholders. However, artists and featured artists are required to handle artist collections themselves to claim their portion of revenue. If you want to start an account to collect your artist portion, you can register here.
The royalties that SoundExchange collects and distributes are for the featured artist and the sound recording copyright owner. ASCAP, BMI and SESAC collect and distribute royalties for the songwriter, composer and publisher. Both satellite radio providers and webcasters pay SoundExchange when they stream music due to their utilization of the statutory license.