For many musicians and rights holders, understanding how to collect royalties can be daunting. SoundExchange plays a crucial role in this process, especially in collecting digital performance royalties. This course provides a detailed, step-by-step guide on how to register as an artist or rights holder with SoundExchange and how to ensure your tracks are registered properly to maximize your digital earnings.
Table of Contents
Step 1: Determine Your Eligibility
Before you begin the registration process, ensure that you’re eligible to collect royalties through SoundExchange. You qualify if:
- Your recorded music is played on digital platforms such as satellite radio, internet radio, or cable TV music channels.
- You are a featured artist, copyright owner of the sound recording, or a non-featured musician or vocalist.
Step 2: Gather Necessary Information
Prepare the required information and documents:
- Personal information including your legal name, stage name (if applicable), address, SSN or EIN, and bank account details for direct deposits.
- Information about your recordings, such as track names, album titles, ISRCs (International Standard Recording Codes), and release dates.
Step 3: Register with SoundExchange
For Artists and Rights Holders:
- Visit the SoundExchange Website: Go to the SoundExchange official website and find the registration section.
- Choose Your Category: Select whether you’re registering as an artist or a rights holder.
- Fill Out the Online Form: Complete the online registration form with your personal and payment information.
- Submit Necessary Documentation: Provide any required documentation, such as a copy of your photo ID and a completed W-9 form (for U.S. residents) or W-8BEN form (for non-U.S. residents).
For Non-Featured Artists:
- If you’re a session musician or backup vocalist, you’ll need to provide details of the recordings you’ve contributed to and any agreements regarding your participation.
Step 4: Register Your Tracks
- Catalog Submission: Once your account is set up, submit information about your tracks. This can usually be done through an online portal provided by SoundExchange.
- Provide Detailed Metadata: For each track, include detailed information like the track name, album name, ISRC, release date, and the names of all featured artists.
- Regular Updates: Keep your catalog up-to-date by adding new tracks as they are released.
Step 5: Verification and Confirmation
- Once you’ve submitted your information, SoundExchange will verify your registration and the details of your tracks.
- You’ll receive a confirmation once the verification is complete. This can take a few weeks to a few months, depending on the volume of applications being processed.
Step 6: Monitor Your Account and Royalties
- After registration, regularly log in to your SoundExchange account to monitor your tracks and review your royalty payments.
- SoundExchange provides detailed statements outlining when and where your music was played and the royalties earned.
Tips for a Smooth Registration Process
- Accuracy is Key: Ensure all information is accurate and complete to avoid delays in processing.
- Stay Informed: Watch out for any changes in SoundExchange policies or procedures that may affect your royalties.
- Contact Support: If you encounter any issues or have questions during the registration process, don’t hesitate to contact SoundExchange’s support team for assistance.
Conclusion
Registering with SoundExchange is a critical step for any musician or rights holder looking to capitalize on digital performance royalties. By following these steps and ensuring your information is accurate and up-to-date, you can unlock an essential revenue stream, contributing to your financial stability in the digital music era. Remember, in the world of music, your creations have ongoing value – make sure you’re positioned to reap the benefits they deserve.