Get the free Soundexchange Letter of Direction

The SoundExchange Letter of Direction (LOD) is a formal document that enables creators and featured artists to designate how their digital performance royalties should be allocated. It allows artists to authorize SoundExchange to collect and distribute royalties on their behalf, especially to creative personnel like producers, mixers, or engineers who contributed to the recording. The completed LOD must be submitted to SoundExchange to initiate the royalty payment process.

How to fill out soundexchange letter of direction

How to fill out soundexchange letter of direction

1. Begin by obtaining a SoundExchange Letter of Direction form from their official website or customer service.
2. Fill out the artist’s name and contact information accurately at the top of the form.
3. Clearly specify the entitlement and the purpose for the letter.
4. Provide details about the parties involved, including the name and contact information of the payee.
5. Include the relevant account numbers or identifiers associated with the payments.
6. Specify the duration of the direction or if it is a permanent direction.
7. Sign and date the letter; ensure that the signature matches the name of the person authorized to sign.
8. Make copies of the completed letter for your records.
9. Submit the letter to SoundExchange either by mail, fax or electronic submission as instructed on the form.

Who needs soundexchange letter of direction?

1. Music artists who want to designate a representative to receive their performance royalties from SoundExchange.
2. Record labels or management companies that manage the revenue from sound recordings on behalf of artists.
3. Independent musicians who need assistance in collecting their royalties.

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What is soundexchange letter of direction?

A SoundExchange Letter of Direction is a document that authorizes SoundExchange to distribute royalties to designated parties, typically songwriters, artists, or record labels.

Who is required to file soundexchange letter of direction?

Entities or individuals who are entitled to receive royalties from SoundExchange for the use of their sound recordings are required to file a Letter of Direction.

How to fill out soundexchange letter of direction?

To fill out a SoundExchange Letter of Direction, you need to provide the necessary personal or entity details, specify the payment distribution instructions, and sign the document. It may also require additional information concerning the recordings in question.

What is the purpose of soundexchange letter of direction?

The purpose of the SoundExchange Letter of Direction is to facilitate the distribution of royalties by allowing SoundExchange to pay the specified parties directly, ensuring they receive their entitled earnings.

What information must be reported on soundexchange letter of direction?

The information that must be reported includes the names of the parties entitled to receive the royalties, their respective shares, identification numbers, and any necessary banking details for payment processing.