Do I Need SoundExchange If I Have DistroKid?

Does DistroKid promote your music?

Distrokid is a music distribution service, not a promotional service!.

How much is DistroKid after the first year?

Get Started for LessTuneCoreDistroKidFirst Single*$9.99/year$19.99/yearYouTube Monetization$10 one time fee$4.95 every releaseTuneCore SocialFreeNot AvailableMusic Publishing Administration$75 one-time feeNot Available

How much money is 1 billion streams?

The guitar hero bagged a billion streams, which means about A$6.39 million in royalties. Also, Ed Sheeran had the song that keeps on giving.

Should I register with SoundExchange?

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.

How much does it cost to join SoundExchange?

There is absolutely no fee when becoming a member with SoundExchange. Current benefits include: Maximize your revenue through foreign royalty collections. SoundExchange has more than 46 collection agreements with counterparts in 35 countries worldwide.

What percentage does SoundExchange take?

Royalties administered by SoundExchange are apportioned 45 percent to the Featured Artist(s), 50 percent to the Rights Owner, and 5 percent to a fund administered by AFM and SAG-AFTRA for distribution to Non-Featured artists (e.g., session players).

Do I need Songtrust if I have DistroKid?

You don’t need to be registered with a Performing Rights Organization in order to collect your earnings from the stores you distribute to via DistroKid, but you’re welcome to do register your works with them for additional publishing administration outside of DistroKid.

Does SoundExchange collect from Spotify?

To make matters more confusing, SoundExchange does not handle royalty distribution for on-demand streaming services like Spotify and Apple Music, which pay rights-holders directly via deals between the tech companies and the major labels.

How much money is 1000 streams?

How much does Spotify pay per 1000 streams? Since the average stream pays $0.00318, 1000 streams on Spotify will earn the rights holder(s) of a musical work about $3.18.

Do you make money from DistroKid?

In regards to royalties, CD baby takes a 9% commission of all the royalties you make. However, DistroKid doesn’t take any commission. Therefore, artists can keep more of their hard earned money. … There are many benefits to releasing a cover song as an independent artist.

Do I need BMI if I have DistroKid?

They are 2 different things. Distrokid is what you use to send your music to Stores and streaming platforms. BMI is what you use to collect royalties. So you should only need BMI, but you may need to register the use case at BMI in order to let them know it’s being used (I presume with permission).

Do I need SoundExchange?

Recording artists and sound recording owners must be registered with SoundExchange in order to receive digital performance royalties for the use of their sound recordings on non-interactive platforms like SiriusXM, Pandora, and iHeart Radio.