The annual rate depends on the type of business. Our Cookie Notice provides more information and explains how to amend your cookie settings. In 2017, SoundExchange retained 6.8% of the total royalties collected to cover the cost of its operations. For populations equal to or greater than 250,000, the fee is higher for music-based stations, and either the same or higher for talk-based stations. 3) What sort of content is eligible for uploading to Identifyy / YouTube Content ID? Unlike the USA, which calculates license costs based on public performances, UK licenses have one off fees. SoundExchange represents featured artists and copyright owners. UK Licensing Explained. In the UK licenses are simplified so it’s easy to setup. Very simply, digital radio services and webcasters first pay SoundExchange for use of musical content on their service. A: Identifyy is free to join. Cookie Notice. We use cookies to analyze traffic, track and improve your experience. SoundExchange serves a very unique purpose within the music industry. With the lowest administrative fee in the industry, 4.5%, and no other charges, SoundExchange will: Maximize your revenue through foreign royalty collections. How much will it cost to obtain an ASCAP license to perform music? But how much of a cut does SoundExchange take for itself? SoundExchange isn’t governed by a consent decree, which means they can negotiate on the free market. Per their website, SoundExchange has paid out more than $3.5 billion in royalties since their inception. If you are broadcasting your shows over the internet then SoundExchange will cover you. Generally, rates are based on the manner in which music is performed (live, recorded or audio only or audio/visual) and the size of the establishment or potential audience for the music. Cookie Notice. Identifyy retains a 30% administrative fee for earnings that accrue from claims made with tracks you have uploaded to our platform. SoundExchange. SoundExchange has more than 46 collection agreements with counterparts in 35 countries worldwide. Our Cookie Notice provides more information and explains how to amend your cookie settings. This is the annual cost for music licensing for music-based (not talk-based), noncommercial educational radio stations with a population count of 0-249,999: Q: With the possibility of CPB being defunded by 2013, what will happen to the SoundExchange agreement that is supposed to last until 2015? Inability to provide data SoundExchange requires, or which they believe SoundExchange requires: ISRC codes, tax ID for band, royalty splits, etc. Nothing, other than for operating and administrative costs. We use cookies to analyze traffic, track and improve your experience. 2) How much does Identifyy cost? There are 2 main licensing bodies: It costs nothing to join. This essentially makes SoundExchange an intermediary between the digital radio services and artists, as well as labels. 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