This Is SO Stupid

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In this episode of the Top Music Attorney Podcast titled "This Is SO Stupid", Entertainment Attorney, Miss Krystle discusses how nearly $10 billion in digital performance royalties have been funneled through SoundExchange—and why a large chunk of that money may be sitting in a fund you can’t touch. From royalty splits to artist registrations, Miss Krystle breaks down the confusing system that governs how your music earns on platforms like SiriusXM and Pandora, and why 5% of your royalties might be quietly diverted without your knowledge. If you're an independent artist, producer, or songwriter, this is the wake-up call you didn’t know you needed.

The episode also explores how various performance rights organizations, unions like AFM/SAG-AFTRA, and music distributors factor into royalty collection and payment. Miss Krystle reviews letters submitted to the U.S. Copyright Office, questions the lack of government oversight, and shares real examples from her own SoundExchange account. Learn how to check if you're owed money, why you need to register, and what it means when royalties go to funds instead of you.

0:00 Coming Up
00:19 Introduction  
00:41 Congress Wanting Transparency With Music Royalties  
01:01 PROs - Performance Rights Organizations  
01:22 BMI & ASCAP Responds To Congress  
02:05 Royalty Collection From PROs & SoundExchange  
02:39 How SoundExchange Works  
03:15 Delgado Entertainment Law  
03:30 Sound Exchange Percentages  
04:25 5% of Non-Interactive Streaming Royalties Paid To AFM/SAG-AFTRA  
04:35 American Federation of Musicians (AFM)  
05:32 35 Ways To Make Money From Music Free PDF  
05:43 $500 Million To Intellectual Property Right Distribution Fund  
06:31 SoundExchange Featured Artist & Rights Owner Statements  
07:45 How Does This Work With Record Labels?  
08:59 Unclaimed Royalties On AFM/SAG-AFTRA's Website  
10:44 AFM/SAG-AFTRA's Online Access Agreement  
11:26 Contacting AFM/SAG-AFTRA Fund  
12:04 AFM/SAG-AFTRA Fund's Response  
12:59 Who Has Access To Fund Royalties?  
14:00 Why Was This Set Up?  
14:24 SoundExchange Disclaimer  
15:31 Conclusion

Legal Disclaimer: The information, ideas, and suggestions in this video are not intended to be legal advice. Before following any suggestions contained in this video, you should consult your personal attorney. The speaker shall not be liable or responsible for any loss or damage allegedly arising as a consequence of your use or application of any information or suggestion in this video. Pursuant to the fair use doctrine under the 1978 Copyright Act, a copyrighted work owned by another may be used for criticism, commentary, news reporting, and educational purposes. The use of the livestream contained in this video falls within the fair use doctrine.
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