Sunday, April 29, 2007

More Sound Exchange

Wow. As you likely know, Sound Exchange is the organization charged with collecting performance royalties from internet streaming and passing them onto recording artists.

And, according to
this post on Gizmodo - they have the legal right to collect royalties for every performance - even for non-members!

Get this: Gizmodo
adds that if a non-member wants to collect that money - they have to join Sound Exchange - and pay an administrative fee to do so.

Gizmodo: "And if you (recording artist) don't join, you won't see a dime—it simply goes straight into their pocket."


huh?

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