SoundExchange serves a very unique purpose within the music industry. Per their website, SoundExchange has paid out more than $3.5 billion in royalties since their inception. How much will it cost to obtain an ASCAP license to perform music? Our Cookie Notice provides more information and explains how to amend your cookie settings. Generally, rates are based on the manner in which music is performed (live, recorded or audio only or audio/visual) and the size of the establishment or potential audience for the music. SoundExchange has more than 46 collection agreements with counterparts in 35 countries worldwide. A: Identifyy is free to join. Cookie Notice. SoundExchange. Nothing, other than for operating and administrative costs. SoundExchange represents featured artists and copyright owners. In 2017, SoundExchange retained 6.8% of the total royalties collected to cover the cost of its operations. This is the annual cost for music licensing for music-based (not talk-based), noncommercial educational radio stations with a population count of 0-249,999: We use cookies to analyze traffic, track and improve your experience. Cookie Notice. In the UK licenses are simplified so it’s easy to setup. 2) How much does Identifyy cost? If you are broadcasting your shows over the internet then SoundExchange will cover you. Our Cookie Notice provides more information and explains how to amend your cookie settings. This non-profit organisation is all about collecting and dishing out the performance royalties for sound recordings. But how much of a cut does SoundExchange take for itself? The annual rate depends on the type of business. Identifyy retains a 30% administrative fee for earnings that accrue from claims made with tracks you have uploaded to our platform. This is where things get complicated. 3) What sort of content is eligible for uploading to Identifyy / YouTube Content ID? Through a series of formulae, which vary depending on the type of digital radio service or webcaster the DSP is, fees are paid to SoundExchange and then distributed to the members who control the master rights or were the featured performers. It costs nothing to join. For populations equal to or greater than 250,000, the fee is higher for music-based stations, and either the same or higher for talk-based stations. Q: With the possibility of CPB being defunded by 2013, what will happen to the SoundExchange agreement that is supposed to last until 2015? Very simply, digital radio services and webcasters first pay SoundExchange for use of musical content on their service. Unlike the USA, which calculates license costs based on public performances, UK licenses have one off fees. UK Licensing Explained. Inability to provide data SoundExchange requires, or which they believe SoundExchange requires: ISRC codes, tax ID for band, royalty splits, etc. SoundExchange isn’t governed by a consent decree, which means they can negotiate on the free market. We use cookies to analyze traffic, track and improve your experience. This essentially makes SoundExchange an intermediary between the digital radio services and artists, as well as labels. With the lowest administrative fee in the industry, 4.5%, and no other charges, SoundExchange will: Maximize your revenue through foreign royalty collections. So, in short, no, SoundExchange reporting does not supersede (or eliminate the need for) BMI/ASCAP/SESAC reporting. There are 2 main licensing bodies: