SoundExchange and Sound Credit have joined forces to increase the accuracy and efficiency of SoundExchange’s monthly royalty distributions to registered creators. The new partnership will provide more accurate data on who should be paid for royalties, and follows the rollout of new digital tools and a new SoundExchange app.
Sound Credit is a global music credits platform dedicated to revolutionizing the supply chain of recordings from the studio through to the listener. The platform collects and compiles data on who contributed to a recording to increase the accuracy of royalty distributions and ensure that the right payments get to its contributors. Sound Credit’s software, including a new mobile app and an in-studio Creator Kiosk, allows creators to enter, edit, and export credits with ease to more than 40 platforms.
SoundExchange will now be able to receive and store Sound Credit’s contributor information to provide greater accuracy in paying creators when creating performer lineups. Creators will still need to register directly with SoundExchange to receive royalty payments.
“SoundExchange is committed to building a fairer, simpler, and more efficient music industry and that includes ensuring our monthly distributions are as accurate and streamlined as possible,” shares Michael Huppe, President and CEO of SoundExchange. “We are always looking for the best partners to help maximize the quality of our performer lineups and we look forward to partnering with Sound Credit and others to advance this goal.”
“This integration means that music creators can use any device to enter information into one platform, click a button, and deliver credits to Sound Exchange among over 40 other critical destinations and formats,” adds Gebre Waddell, founder and CEO of Sound Credit.
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