Overview[]
The organization SoundExchange collects and pays royalties to featured and nonfeatured artists (as well as to record companies) for noninteractive streaming uses under the section 112 and 114 statutory licenses, and advocates for their interests in relation to those uses.[1] The Recording Academy, also known as the National Academy of Recording Arts and Sciences ("NARAS") — the organization responsible for the GRAMMY awards — represents musicians, producers, recording engineers, and other recording professionals on a wide range of industry matters. The Future of Music Coalition ("FMC") advocates on behalf of individual music creators.[2] The American Federation of Musicians of the United States and Canada ("AFM") and Screen Actors Guild‐American Federation of Television and Radio Artists ("SAG‐AFTRA") are labor unions that represent the interests of nonfeatured musicians and vocalists.[3]
References[]
- ↑ Unlike royalties paid under section 114, royalties under the 112 license are not distributed directly to featured and nonfeatured artists, but instead are paid to the sound recording owner. See 17 U.S.C. §114(g)(2); see also 17 U.S.C. §112(e).
- ↑ About Us, Future of Music Coalition.
- ↑ Copyright and the Music Marketplace, at 23-24.
External resources[]
- Glenn Peoples, "SoundExchange Distributes Record $153 Million in Q3, Celebrates 10‐Year Anniversary," Billboard (Oct. 4, 2014) (full-text).