It’s that time of year again! 2016 is upon us which means it is time to fill out your annual SoundExchange paperwork. First and foremost, the great news is that rates have decreased from last year by over 30%! This should help ease the burden of fees for many broadcasters. The other important change of note is the elimination out of the Small Broadcaster designation.
Most broadcasters will not have many changes in terms of how and what they must report. This means that most stations will have to file a monthly Report of Use, even if your station was a Small Broadcaster in the past. The one exception is for stations who do not exceed the $500 Minimum Fee over the course of a calendar year. The good news here is that with the price decrease, there is a better chance for fringe customers to be under the limit this year. Those broadcasters will have to file a Quarterly Report that includes 2 separate 7 consecutive day periods of logs of all songs played and how many spins the songs had in those periods. The total ATH for the period also must be included, which you can find in Audience Reporting by selecting each necessary period.
The other changes in terms of getting rid of the ‘Broadcaster’ designation and CRB and WSA rates and just having one Commercial Broadcaster designation were more cosmetic than substantial. The end result is that it is less confusing to know which category a station falls into as most of the rates were the same anyway.
Minimum fee forms for commercial broadcasters can be found here: http://www.soundexchange.com/service-provider/commercial-webcaster/commercial-webcaster-crb/
The forms for Non-Commercial broadcasters are here: http://www.soundexchange.com/service-provider/non-commercial-webcaster/
Monthly Statement of Account forms will be available on the above pages sometime in February so that you can run your January 2016 reports. Feel free to reach out with any questions you may have about the changes.