ABOUT SOUNDEXCHANGE.COM INC.

 

-for all the information please visit: www.soundexchange.com

 

 

 

 

 

What is SoundExchange?

SoundExchange is the first organization formed in the United States to collect performance royalties for sound recording copyright owners (SRCOs), featured and nonfeatured artists. SoundExchange is an independent nonprofit performance rights organization that currently represents over 3,500 record companies, their 6000 labels and thousands of artists united in receiving a fair price for the licensing of their music in a new digital world. Our members include small, medium and large independent record companies, as well as the major label groups and artist-owned labels.

 

 

Why was SoundExchange created?
SoundExchange is an independent, nonprofit performance rights organization that is designated by the U.S. Copyright Office to collect and distribute digital performance royalties for featured recording artists and sound recording copyright owners (usually a record label) when their sound recordings are performed on digital cable and satellite television music, internet and satellite radio (such as XM and Sirius).

 

 

What licenses does SoundExchange administer?
The Digital Performance Right in Sound Recordings Act of 1995 (DPRA) and the Digital Millennium Copyright Act of 1998 (DMCA) granted a performance right in sound recordings for certain digital and satellite transmissions. In exchange for this new right, SRCOs are subject to a compulsory license for the use of their music, provided the user complies with those conditions set forth in the copyright law. SoundExchange was established to administer the collection and distribution of royalties from such compulsory licenses taken by noninteractive streaming services that use satellite, cable or Internet methods of distribution.

 

 

What is a statutory license?
A statutory license is a license that is automatically granted by operation of law to all parties that meet the conditions of the license (which are set forth in the Copyright Act). A statutory license permits qualified parties to exercise one (or more) of a copyright owner's exclusive rights without seeking permission from the copyright owner or negotiating rates and terms with the copyright owner. Statutory licenses may provide efficencies for statutory licensees as they do not require parties using multiple copyrighted works to obtain separate licenses from each copyright owner. Parties operating under a statutory license are required to pay royalties rates that are established by law or regulation and comply with reporting requirements, restrictions and various other terms established by law. The statutory licenses relevant to digital music services can be found in sections 112 and 114 of the Copyright Act, 17 U.S.C. §§ 112 and 114. The rates and terms applicable to the statutory licenses for digital music services can be found in Chapter 37 of the Code of Federal Regulations, Parts 260, 261, 262, 263, 270 and 380
 

 

What digital music services are covered by a statutory license?
The section 114 statutory license covers public performances by four classes of digital music services: eligible nonsubscription services (i.e., noninteractive webcasters and simulcasters that charge no fees), preexisting subscription services (i.e., residential subscription services providing music over digital cable or satellite television), new subscription services (i.e., noninteractive webcasters and simulcasters that charge a fee), and preexisting satellite digital audio radio services (i.e., XM and SIRIUS satellite radio services). The section 112 statutory license covers ephemeral reproductions (i.e., temporary server copies) made by all digital music services covered by the section 114 license as well as certain background music services that are exempt from paying public performance royalties under section 114.
 

 

How do I obtain a statutory license to publicly perform sound recordings or make ephemeral copies?
To obtain a statutory license, you must first notify sound recording copyright owners by filing a Notice of Use of Sound Recordings Under Statutory License ( "Notice of Use") with the Copyright Office. All services must file a Notice of Use prior to making the first ephemeral copy or first digital transmission of a sound recording to avoid being subject to liability for copyright infringement. In addition, all services that were in operation prior to April 12, 2004 and intended to remain in operation after July 1, 2004 were required to file a Notice Of Use with the Copyright Office by July 1, 2004, even if such service previously filed a Notice of Intent with the Office. In the future, services may be required to update their Notices of Use at regular intervals. The Copyright Office expects to announce any such requirements when it issues final Notice and Recordkeeping regulations sometime in the future. An original Notice of Use along with 3 copies should be sent by certified mail (return receipt requested) with a $20 filing fee to:
Copyright Arbitration Royalty Panel
Attn: Licensing Division
P.O. Box 70977
Southwest Station
Washington, D.C. 20024-0400
You will not receive any confirmation (other than a return mailing receipt, if you request one) that your Notice of Use has been received by the Copyright Office.

There is also no form license or agreement issued by SoundExchange that must be completed and signed. Because the section 112 and 114 licenses are statutory licenses, all rates and terms are set out in the Copyright Act and the relevant regulations, see citations above. Once a service files its Notice of Use, it may commence making digital audio transmissions, provided that it complies with all of the terms and conditions of the statutory license and makes all payments and files all statements of account and reports of use when due.
 

 

How would I qualify for the statutory license and what is the performance complement?
There are a number of conditions to meet in order to qualify for the statutory license. The performance complement (which limits the amount of times a webcaster may transmit sound recordings from a specific artist or album during a specific period of time) is one part of that qualification and all webcasters must adhere to it unless they have received waivers from the owner of the sound recording copyright. For all the details please see section 114.
 

 

How are rates set?
On November 30, 2004, President Bush signed into law H.R. 1417 known as the Copyright Royalty and Distribution Reform Act of 2004. This act basically does away with the CARP process and creates a new arbitration process for setting copyright royalty rates and terms.

The Act, among other things:
Replaces the panel of ad hoc judges with three permanent Copyright Royalty Judges
Provides for the judges to be paid out of appropriated funds rather than by the participants to a proceeding
Extends the term for all Section 112 & 114 statutory licenses from two to five years.

For more information on the Act visit www.copyright.gov/title17/ and click on the link for Copyright Royalty and Distribution Reform Act of 2004.

Under the Copyright Royalty and Distribution Reform Act, "statutory rates" are set through either voluntary negotiations or trial-type hearings before a panel of three Copyright Royalty Judges. In negotiated cases, the interested parties negotiate rates and present those to the Copyright Royalty Judges for adoption. If the rates are adopted by the Judges, they apply to all similarly situated parties. In the absence of negotiated settlements of rates and terms, the Copyright Royalty Judges will conduct a rate setting arbitration to establish royalty rates.
 

 

What will my rates be?
For rates, please go to the Service Provider Section of the webste and select type of provider.

 

 

What forms do I need to submit?
Please check the DOWNLOAD FORMS section of the website.
 

 

I operate a small, noncommercial internet radio station. Do I still need to submit recordkeeping information?
The Copyright Royalty Board determined in its October 6, 2006 ruling that ALL webcasters need to submit recordkeeping information to SoundExchange on a quarterly basis- regardless of their size or commercial status. [Please click here to read the SoundExchange press release on this subject.] As this requirement is retroactive to April 1, 2004, noncommercial services must submit this information even if they have previously paid the “data and recordkeeping fees” which are no longer available. Such fees will be credited to your account against any current or future liability upon receipt of Reports of Use from the corresponding periods.
Reports of Use must be submitted electronically, and are due within 45 days of the end of each quarter.

For more information on how to compile and submit a Report of Use, please visit the Reporting Requirements link in the Service Provider category under the "Where Do I Start?" portion of our website.
 

 

What recordkeeping information do I have to provide to SoundExchange if I'm operating under the statutory license?
Recordkeeping requirements have been established by the Copyright Office through a notice and comment rulemaking. A statutory licensee must provide the following information to SoundExchange:

name of the service making transmissions;
identification of the transmission category from one of eleven choices;
name of the featured artist;
sound recording title;
album title and marketing label OR International Standard Recording Code ("ISRC"); and
aggregate tuning hours, channel or program name, and play frequency OR actual total performances.

The regulations were published in the Federal Register on March 11, 2004. To read that order from the Copyright Office, click here.

For examples on where you may locate the data elements identifying particular sound recordings required to be reported under Copyright Office regulations, click on the desired example below:

Promo Singles
Full Length Albums
New Release Catalog Data
Compilations
 

 

I already pay royalties to BMI, ASCAP and/or SESAC. Why do I have to pay royalties to SoundExchange also?
Every musical recording embodies two distinct copyrighted works. The first is the underlying musical composition, comprised of the written notes and lyrics (for purposes of copyright law, the musical composition is referred to as a "musical work"). The songwriter and/or his or her music publisher usually own the copyright in the musical work. The second copyrighted work is the actual recording itself - the sounds, including the recording artist’s interpretation of the musical composition, and the creative efforts of the producer, sound engineers and background musicians. (This is referred to in copyright law as a "sound recording.") The copyrighted recording brings to life the written notes and lyrics of the musical work. A record label typically owns the copyright in the sound recording.

SoundExchange collects and distributes royalties associated with the public performance of sound recordings made by services operating under one of the compulsory licenses. By contrast, ASCAP, BMI and SESAC collect and distribute royalties associated with the public performance of musical works. A digital audio transmission of a musical recording may require a license for both the sound recording and the underlying musical work.
 

 

I'm going to start streaming...what do I need to do?
Assuming your service is eligible for a statutory license, [see 'What digital music services are covered by a statutory license?'], it is quite easy for your service to satisfy the necessary requirements in order to begin streaming.

First, you must notify sound recording copyright owners of your intent to operate under the statutory license by filing a Notice of Use of Sound Recordings Under Statutory License ( "Notice of Use") with the Copyright Office. All services must file a Notice of Use prior to making the first ephemeral copy or first digital transmission of a sound recording to avoid being subject to liability for copyright infrigement. In addition, all services that were in operation prior to April 12, 2004 and intended to remain in operation after July 1, 2004 were required to file a Notice Of Use with the Copyright Office by July 1, 2004, even if such service previously filed a Notice of Intent with the Office. In the future, services may be required to update their Notices of Use at regular intervals. The Copyright Office expects to announce any such requirements when it issues final Notice and Recordkeeping regulations sometime in the future. An original Notice of Use along with 3 copies should be sent by certified mail (return receipt requested) with a $20 filing fee to:

Copyright Arbitration Royalty Panel
Attn: Licensing Division
P.O. Box 70977
Southwest Station
Washington, D.C. 20024-0400
You will not receive any confirmation (other than a return mailing receipt, if you request one) that the Copyright Office has received your Notice of Use. There is also no form license or agreement issued by SoundExchange that must be completed and signed. When operating under a statutory license, all rates and terms are set out in the Copyright Act and the relevant regulations. Once a service files its Notice of Use, it is free to begin making digital audio transmissions, provided that it complies with all of the terms and conditions of the statutory license and makes all payments and files all statements of account and reports of use when due.
For more information on how to obtain and operate under the statutory license, please explore the commercial and noncommercial webcaster categories under the Service Provider link in our "Where Do I Start?" section of our home page.
 

 

Where can I get the technology to track the data from the songs that I'm streaming?
At present, we are aware of just a handful of vendors that have developed playlist tracking software. However, once the Copyright Office issues its long-awaited regulations concerning reports of use, we anticipate that more vendors will choose to offer the necessary technological solutions. If you are interested in obtaining a list of the few vendors we are currently aware of, please contact Chris Dean at cdean@soundexchange.com.
 

 

 

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FOR MORE INFORMATION PLEASE VISIT  http://www.soundexchange.com

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