Do SoundExchange reports supersede or replace the reports we file with BMI, ASCAP or SESAC?
No. While all four are performing rights organizations, BMI, ASCAP, and SESAC collect and distribute royalties for songwriters, composers and music publishers related to the public performance of their copyrighted work. SoundExchange, on the other hand, collects and distributes royalties for featured recording artists and sound recording master rights owners (i.e. recording labels or independent musicians) related to the non-interactive digital transmissions (e.g. via the internet or satellite radio) of their copyrighted recordings. So, in short, no, SoundExchange reporting does not supersede (or eliminate the need for) BMI/ASCAP/SESAC reporting.
