2014 has arrived, and here in the Northeast, we just dug out from a nice 8-10 of fresh powder. With the new year comes the time for all of the music stations out there to renew their SoundExchange paperwork to stay compliant. Some helpful links are below, but feel free to reach out to us if you have any questions!
A radio station must then file a Notice of Election with Sound Exchange and pay their minimum fee. Their fees are based on a per performance basis. A performance is defined as one person listening to one song. Each January 1, a minimum yearly fee of $500 is required to be submitted.
n 1998 the Digital Millenium Copyright Act (DMCA) was signed, granting a performance right in the digital transmission of sound recordings. Simply put, the copyright holders of the performance of the musical work were not entitled to a royalty for the digital transmission of this performance.