(CelebrityAccess) – SoundExchange has today (Nov. 6) announced a suite of new features to its online client portal, SoundExchange Direct (SXDirect).
According to SoundExchange, the update “significantly expands the tools available to rights owners,” and gives “music creators increased control and transparency into their royalty accounts through greater self-service.”
The new features include: the “Overlaps & Disputes” tool, which provides rights owners with instant notification when there are overlapping claims to a sound recording and provides them with the ability to maintain or relinquish claims using a dashboard in SXDirect; the “Submit Recordings” tool, which provides rights owners with a dashboard in SXDirect where they can add new sound recordings by providing the International Standard Recording Code (ISRC) and related metadata; the “Associated Recordings” tool, which provides a display of all sound recordings currently associated with the music creator’s account and the claim percentage for each track; the “Search & Claim” tool, which provides a way to search SoundExchange’s complete database of sound recordings, including ISRCs provided by rights owners and tracks that have been reported to SoundExchange as played but have not yet been associated with an rights owner-provided ISRC; and the “Upload History” tool, which provides music creators with a history of files that have been uploaded to SXDirect.
“We are committed to raising the bar for the industry by providing innovative solutions for music creators,” said Michael Huppe, CEO of SoundExchange. “Music creators deserve to be paid fairly and accurately, and these new capabilities ensure they receive their royalties faster, too.”
“SoundExchange empowers rights owners and their representatives by focusing on transparency and efficiency,” added Paul Smelt, Co-Founder and Director of Global Master Rights. “These major updates will provide greater insight into catalog usage and significantly improve the overlaps and disputes process, distinguishing SoundExchange as one of the most user-friendly collection management organizations in the world.”
To date, SoundExchange has distributed more than $6 billion in royalties to music creators, including distributing nearly $1 billion in 2018 alone.