WASHINGTON, D.C. AND NEW YORK, NY – SoundExchange, the non-profit performance rights organization authorized to collect royalties for the digital performance of sound recordings, and RightsFlow, a leading licensing and royalty service provider, announced a new joint initiative to identify hundreds of recording artists collectively owed over $1 million in royalties.

Starting early last month, RightsFlow began reaching out to artists for whom SoundExchange has collected royalties from digital services that have streamed their recordings online. RightsFlow matched SoundExchange’s list of yet-unregistered artists and labels to its enterprise database as well as via users of Limelight, the company’s online mechanical licensing utility. The match identified 1,675 artists and 63 labels with unclaimed funds at SoundExchange.  RightsFlow subsequently has begun the notification process through email and direct outreach, encouraging those artists and labels to register to get paid.

“We’re grateful to be able to work with exceptional partners like RightsFlow, who share our commitment to ensuring that creators are compensated for their work,” said John Simson, Executive Director of SoundExchange. “We appreciate their efforts in reaching out to notify artists about their unclaimed royalties. RightsFlow understands the value of our work and has existing relationships with those artists and labels who can most benefit from registering with SoundExchange.”

RightsFlow’s Chief Strategy Officer/CFO Ben Cockerham added, “At the core of our DNA, RightsFlow exists to serve musicians and labels.  We believe in building technology that drives efficient and accurate licensing transactions and revenue growth.  We’re extremely pleased to work with our esteemed partners at SoundExchange to help deliver digital performance royalty revenues to our artist and label clients.”

When sound recordings are played on satellite radio, Internet radio or digital cable services, SoundExchange collects a royalty on behalf of the recording artists and the copyright holder, as directed under U.S. Copyright Law. Since 2001, SoundExchange has collected and processed billions of spins and paid out more than $412 million in digital royalties. Unfortunately, thousands of music professionals are not yet registered and millions of dollars in royalties are currently unclaimed.

The SoundExchange / RightsFlow partnership will continue to regularly match and notify those artists and labels with unclaimed money on an ongoing basis. Recording artists may register with SoundExchange, free of charge, to receive these royalties. New registrants can claim any back royalties collected in their names and then continue to be paid quarterly, every time they’re owed. For more information on registration, please visit www.soundexchange.com.

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About SoundExchange

www.soundexchange.com
SoundExchange is a non-profit performance rights organization that collects statutory royalties from satellite radio (such as SIRIUS XM), Internet radio (like Pandora), cable TV music channels and similar platforms for streaming sound recordings. The Copyright Royalty Board, which is appointed by The U.S. Library of Congress, has entrusted SoundExchange as the sole entity in the United States to collect and distribute these digital performance royalties on behalf of featured and non-featured recording artists, master rights owners (usually record labels), and independent artists who record and own their masters.

Contact for SoundExchange
Laura K. Williams
+1-202-904-0512
lwilliams@soundexchange.com

About RightsFlow
www.rightsflow.com

RightsFlow is a leading technology-enabled mechanical licensing and royalty service provider representing artists, labels, distributors, and online music services. Our technology powers rapid song identification and provides an unprecedented level of transparency for both licensees and licensors.  We specialize in obtaining bulk physical, DPD, and ringtone licenses including streaming, tethered, and limited download rights. RightsFlow’s proprietary “FLOW” licensing technology and 23million+ song database allow us to serve over 12,000 clients obtaining licenses from publishers and songwriters all over the world – including major, independent and artist-controlled works.

Clients include Rhapsody, Muzak, The Orchard, Thumbplay, Wolfgang’s Vault, Guvera, Dada Entertainment/Play.ME, Scattertunes, Amie Street, [PIAS], Alliance, Kontor New Media, INgrooves, Zynga, Beatport, Hoodiny, CAM, Zebralution, E1 Canada & US Distribution, CD Baby, Disc Makers, & X5 Music Group.
RightsFlow is a member of DDEX, DiMA, NARM, AIM and A2IM.

Contact for RightsFlow:
Michael Kauffman
SVP of Sales & Marketing
+1-646-461-6397
michael.kauffman@rightsflow.com
Facebook.com/RightsFlow

Twitter.com/RightsFlow