Digital Music News is reporting that The Orchard (owned by Sony) has cut a direct deal for digital performer royalties with Sirius/XM.
So now all those poor artists unfortunate enough to have a distribution deal with The Orchard/Sony (which somehow mysteriously includes me and one of my albums!!!?) , will now how have their SoundExchange royalties paid to Sony instead of directly from SoundExchange.
So right about now you are saying “WTF?!!”
Yeah, The Orchard didn’t mention that tiny little detail in their letter did they? They presented it to you like it was an great improvement.
But this is the entire point of the deal: THEY GET THEIR HANDS ON YOUR MONEY.
But, hey I’m sure you can totally trust Sony/The Orchard to pay you your royalties without taking any deductions right? They’d never do that. They are the most organized distributor ever.
Let me give you two examples with which I have first hand experience.
1) The Orchard/Sony can’t even be fucking bothered to return two years of emails or a phone calls from me. They are claiming rights to an album of mine for which I do not believe they have rights. And if they are claiming rights to this album shouldn’t I be getting royalties or at the very least statements?
If my shit is disappearing into a black hole, do you really want to trust them with your non-recoupable SoundExchange royalties?
2) We have been granted access to email conversations and documents between independent labels and The Orchard/Sony. These labels reported dramatic drops in revenues when they switched to The Orchard/Sony. There was never any real explanation from the Orchard and the independent labels eventually left on very bad terms with The Orchard.
Is this a trial balloon for mainstream Sony Artists? Will all sony artists soon lose their SoundExchange royalties?