SoundExchange

SoundExchange

Collects and distributes digital performance royalties

About

SoundExchange collects and distributes digital performance royalties for artists, record labels, and digital service providers (DSPs) like internet radio and satellite radio. It ensures that DSPs pay for the music they stream and helps artists manage their royalties through a user-friendly platform. Unlike its competitors, SoundExchange focuses specifically on the digital music market and aims to make the industry fairer and more efficient. The company's goal is to support artists and rights holders, allowing them to focus on their music while receiving the royalties they deserve.

Company Stage

N/A

Employees

201-500

Industries

Consumer Software, Entertainment

Total Funding

N/A

Headquarters

Washington, District of Columbia

Founded

2003


Simplify Jobs

Simplify's Take

What believers are saying

  • SoundExchange's partnership with SAMPRA opens new revenue streams for artists.
  • The rise of AI-driven music analytics benefits SoundExchange's royalty calculations.
  • Global streaming expansion increases demand for SoundExchange's services.

What critics are saying

  • Lawsuit with AccuRadio could harm SoundExchange's reputation and finances.
  • Emerging music tech platforms threaten SoundExchange's market share.
  • Delay in American Music Fairness Act limits AM/FM radio royalty collection.

What makes SoundExchange unique

  • SoundExchange is a leading NPO in digital performance royalty distribution.
  • The company simplifies royalty management for artists and rights holders.
  • SoundExchange's innovative approach earned it a spot on Fast Company's 2023 list.

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