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?
Sunday, April 29, 2007
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