SoundExchange, the establishment that has been tasked with collecting royalties for copyright holders and artists from music streaming services on the Internet, satellite radio and maybe traditional radio soon too, has told artists to label their music properly if they wish to receive their royalties.
SoundExchange Executive Director John Simson wrote in Billboard that the company actually ... [ read the full article ]
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soundexchange has hundreds of thousands of dollars that it owes to a band called Metakicca but coz they don't know who Metakicca is the money just sits in a bank building interest, a simple typo can mean thousands of dollars in the pocket
Originally posted by beanos66:soundexchange has hundreds of thousands of dollars that it owes to a band called Metakicca but coz they don't know who Metakicca is the money just sits in a bank building interest, a simple typo can mean thousands of dollars in the pocket
soundexchange are controlled by the RIAA members Sony BMG, Warner, Universal & EMI though EMI's imput into the operation of soundexchange is to a much lesser part than the main 3 scum bags.
the gatkeepeers of media use soundexchange and the RIAA label to hide their real identity as they rip off artists, sue fans and try to remain the gatekeepers of distribution by blocking independent artists from getting any air play. they already own or control mostely all radio stations and have been allowed to introduce laws to enable them to block real talent unless they haver their maffia esk protection racket slice of the pie.
Quote:"With the furor over the impending rate hike for Internet radio stations, wouldn't a good solution be for streaming internet stations to simply not play RIAA-affiliated labels' music and focus on independent artists? Sounds good, except that the RIAA's affiliate organization SoundExchange claims it has the right to collect royalties for any artist, no matter if they have signed with an RIAA label or not. 'SoundExchange (the RIAA) considers any digital performance of a song as falling under their compulsory license. If any artist records a song, SoundExchange has the right to collect royalties for its performance on Internet radio. Artists can offer to download their music for free, but they cannot offer their songs to Internet radio for free ... So how it works is that SoundExchange collects money through compulsory royalties from Webcasters and holds onto the money. If a label or artist wants their share of the money, they must become a member of SoundExchange and pay a fee to collect their royalties.'"
what needs to happen is for copywrite to be restored to 14 years instead of the current 100 year + 70 years that was lobbied for by Disney, Sony & warner. and for sony, warner, universal & emi blocked from anticompetative behaviour and independent artists given rights for an equal playing field instead of having to bend to these scum.
So, they are gathering millions in "protection" money for artists/copyright owners, regardless if they are registered with them or not? Sounds an awful lot like organized crime practices to me...
