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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.
Mechanical royalties from Spotify are collected by The Mechanical Licensing Collective (The MLC). That money is then paid to each publisher or songwriter based on the compulsory license. It's important to note that mechanical royalties only include publisher royalties in the U.S.; there is no writer's share.
Do I Need SoundExchange If I have DistroKid? You do not need to register with SoundExchange if you use DistroKid to distribute your music as DistroKid already collects master recording royalties on your behalf.
What BMI Music Royalties DON'T Cover. BMI does not collect anything but performance royalties. They do not collect mechanical royalties or royalties for artists or record labels. Just performance royalties.
DistroKid is one of the most popular distributors for independent musicians. Using DistroKid, artists can collect their streaming royalties \u2013 all their revenue from streams on streaming services like Spotify.
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People also ask

Plain and Simple: You Need Both Songtrust will collect publishing royalties - mechanical and performance royalties, generated from the exploitation of music copyrights (the composition), whereas SoundExchange will collect sound recording and recorded performance royalties from non-interactive broadcasters.
SoundExchange is the sole organization that collects digital performance royalties for sound recordings* in the United States. So, one of the main reasons you should register is to collect any and all of these royalties that are due to you.
SoundExchange collects and distributes royalties for the featured artist and the sound recording copyright owner when content is played on a non-interactive digital source.
ASCAP, BMI and SESAC collect and distribute royalties for the songwriter, composer and publisher. Both satellite radio providers and webcasters pay SoundExchange when they stream music due to their utilization of the statutory license.
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.

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