Some posts are meant to be.
A couple weeks back, when I started Zooglobble Radio (go listen now, really), I got into a brief discussion with another person in the industry involved in terrestrial radio in some way. They reported their playlists, but expressed doubt that it was really benefitting the artists they played on the station. They mentioned one artist in particular that they'd played literally dozens if not hundreds of times that had never received a single royalty check. (I chose Live365 in large part because I wanted to make sure artists got paid, and they're the only internet radio provider that provides full SoundExchange payment.)
So when I saw this Los Angeles Times article about royalty payments paid by SoundExchange, a non-profit group created by Congress to distribute royalties from digital and satellite media streams, I thought this might be of interest.
And then I read the first paragraphs:
When John Boydston got an e-mail from SoundExchange saying he had several thousand dollars in unclaimed royalties, he did what most sensible people would do. He ignored it.That's right, that's SXSW artist Daddy A Go Go there.
To the rock musician from Atlanta, "money for nothing" meant a song by Dire Straits, not a stranger contacting him out of the blue promising to cut him big checks.
But then he got the message again six months later. Curious, he called SoundExchange.
"Sure enough, they had a sizable amount of money for me," said Boydston, 51, whose band Daddy a Go Go includes his two teenage sons. "It was several thousand dollars. That's not a ton of money. But for a guy who makes CDs in his basement, it was enough to finance my next album."
So here's my question for you, kid rockers -- is SoundExchange a major part of your income stream, a minor part, or no part at all? And if so, why (or why not)?