Soundexchange Topics

• internal revenue code
• profit model
• authorization agreement
• 501 c 6
• state of delaware
• non profit organization
• members sign
• royalties
• pandora
• a3
• levy
• designation
• board of directors
• taxation

Related Images

Source

del.icio.us Tags

• music
• internet
• soundexchange
• web
• riaa
• radio
• streaming
• reference
• recording
• inphodrive
• royalties
• byonest
• publicity
• cultural_policy_class
• music-management
• pandora
• politics
• royalty
• mmg,
• musicbusiness

Soundexchange, Soundexchange

In September 2003, SoundExchange was spun off as an independent and non-profit organization. http://www.soundexchange.com/faq.html#a3 - SoundExchange's FAQ incorporated in the State of Delaware. SoundExchange is exempt from taxation under Section 501(c)(6) of the Internal Revenue Code.

The SoundExchange Designation and Authorization Agreement (which only members sign) authorizes any costs to be deducted from member royalties as authorized by the SoundExchange Board of Directors on their behalf.

With Pandora's current profit model, the fees which SoundExchange levy would amount to 70 percent of its revenue, making the service unprofitable.

Source: Wikipedia > Soundexchange