When Does SoundExchange Pay Royalties?

 

When a song spins on satellite radio, SoundExchange doesn’t pay royalties right away. There is a delay of 3 to 5 months before you will actually receive your payment for those spins. The length of time you have to wait depends on whether you are signed up to receive quarterly or monthly payments.

 

Quarterly Royalties Payments from SoundExchange

 

When you sign up on SoundExchange, the default payment option is to receive quarterly payments by check. Every quarter, you will receive payment for the spins your songs earned in the previous quarter. Here’s how it breaks down:

QUARTERLY PAYMENTS

If your songs spin in… You will be paid…
January, February, March at the end of June
April, May, June at the end of September
July, August, September at the end of December
October, November, December at the end of March

For example, let’s say your song spins during the months of March and April. You will receive a royalties check for your March spins at the end of June. Then you will receive your April payment at the end of September.

 

Monthly Royalties Payments from SoundExchange

 

You can sign up on SoundExchange to receive monthly payments, so you don’t have to wait quite as long. But there is still a three-month delay before you receive your royalties. Here’s what it looks like:

MONTHLY PAYMENTS

If your songs spin in… You will be paid…
January at the end of April
February at the end of May
March at the end of June
April at the end of July
May at the end of August
June at the end of September
July at the end of October
August at the end of November
September at the end of December
October at the end of January
November at the end of February
December at the end of March

 

For example, let’s say you sign up for monthly payments, and your song spins during the months of March and April. In this case, you will receive a royalties check for your March spins at the end of June. Then you will receive your April payment at the end of July.

 

How to Get Monthly Payments from SoundExchange

While quarterly payments come as checks in the mail, monthly payments are direct deposit.

To sign up for direct deposit, complete the SoundExchange Direct Deposit form and send it along with a voided check to [email protected].

Once SoundExchange processes your request, your royalty payments will be automatically deposited in your checking account every month.

How much will you get in SDARS royalties in your next SoundExchange payment? 

Find out now. 

Try ShineX for free.

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