SoundExchange estimates that U.S. creators are globally losing out on roughly $330 million in royalties every year. Anytime there is a royalty for the use of a sound recording in the U.S., the music creator is entitled to receive it, regardless of the creator's nationality and their copyright laws back home.
The same is not true around the world -- but rights management agency SoundExchange is trying to change that. SoundExchange today (June 24) launches Fair Trade of Music, an education and advocacy campaign to draw attention to this issue, alongside a coalition of music industry partners including the American Association of Independent Music (A2IM), American Federation of Musicians, Future of Music Coalition, Gospel Music Association,
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