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SoundExchange pays royalties directly to music creators, offering monthly payments at one of the lowest administrative rates in the music industry (between 4-6%) and paying out most royalties within 45 days of receipt.
It's very unfortunate that there is no alternative to SoundExchange. We have government regulated PROs in this country (ASCAP and BMI). If one of them was this disorganized and incompetent, then a member could just switch organizations.
Songtrust refers to the performance royalties when a composition - music and or lyrics - is performed, while SoundExchange always refers to the recording of the performance.
Same thing goes featured artists\u2014so long as you're registered with SoundExchange, they'll automatically send you your 45% share during normal accounting periods. If you're a non-featured artist, the 5% non-featured artist share of SoundExchange royalties is paid into an AFM & SAG-AFTRA Fund.
Songtrust refers to the performance royalties when a composition - music and or lyrics - is performed, while SoundExchange always refers to the recording of the performance.
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Membership has its privileges, and at SoundExchange, it's free. One of the many benefits of becoming a member is that SoundExchange offers international royalty collection for members.
The SoundExchange app gives creators the power to manage the business of their music wherever they are. Through the app, artists can search and claim their recordings, track their catalog, and review their digital royalty payments.
FOR PUBLISHERS SoundExchange provides back-end administrative tools that make it easier to share data with other players in the industry and search for unpaid digital uses of their repertoire.
SoundExchange vs BMI is the same as digital vs live/public. For Pandora, SiriusXM, and other non-interactive mediums, SoundExchange is needed to collect songwriter royalties from them. Whereas BMI will collect royalties for public performances such as radio or restaurants.
For assistance in delivering money via bank wire, please contact SoundExchange at 202.640. 5858 or e-mail us at royaltyadministration@soundexchange.com.

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