Overview
SoundExchange is the world's largest global neighboring rights organization focused on collecting and distributing digital performance royalties to music creators and rights owners. They have distributed more than $13 billion to over 850,000 creators.
Main Functions
- Administration of Section 114 sound recording license in the U.S.
- Collection and distribution of digital performance royalties from platforms such as Pandora, SiriusXM, iHeartRadio, and many others.
- Facilitation of international royalty collections through a global partnership network.
- Development of technology solutions to help creators get paid and assist industry players in tracking music and rights.
Services and Products
SoundExchange offers various technology solutions to simplify royalty payments, music identification and tracking for companies, rights management tools for managers, obligation fulfillment tools for digital service providers, and promotes industry collaboration.
Global Reach
They operate globally to ensure music creators receive international performance royalties.
Additional Information
SoundExchange is recognized as one of the world’s most innovative music companies by Fast Company. They also publish annual reports on their performance and growth.
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