[WaTunes] – 10,000 Sonicbids Members Gets $4 million from SoundExchange

December 28, 2009 at 6:19 pm Leave a comment

Source: Hypebot

Nearly 10,000 Sonicbids members got holiday presents in the form of $4 million from SoundExchange. The two companies partnered to identify indie artists using the Sonicbids electronic press kit system that are owed unclaimed digital performance rights.

SoundExchange is a non-profit that collects performance royalties from satellite and Internet radio, streaming sound recordings and other mostly online music sources. They also recently partnered with ReverbNation to find indie artists eligible for royalties. 

Posted via email from WaTunes

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