If you have royalties in the unclaimed pool we will collect and remit 91% of the total into your member account. You will receive an email from us letting you know that there is money from SoundExchange in your account along with instructions on how you can go and register to collect the “Artist Share”, which represents 50% of the total royalty and will not be collected by CD Baby. When signing up as an artist, you may also register to collect the label share yourself and discontinue CD Baby’s administration of these royalties on your behalf.
Registering for the Artist Share is important because after three years, that unclaimed money gets passed on to major labels and top-earning artists based on their market share. We don’t want you to lose out on that money!
If your royalties never get claimed.
After three years, SoundExchange releases any unclaimed royalties into the sunset, which basically means that money gets scooped up by the major labels and top-selling artists.
We don’t want your royalties getting paid to some major label that had nothing to do with the creation of your tracks, so if you haven’t registered directly with SoundExchange, we’ll collect the label portion of your digital performance royalties.
Comments
0 comments
Article is closed for comments.