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Guest post from SoundExchangeProducers play an important role in the careers of recording artists and rights owners. And SoundExchange plays an important role in the careers of producers through our Letters of Direction (LOD). Last year we added an enhanced view of executed LODs on SoundExchange Direct.Recently, producer and SoundExchange member Matt Squire stopped by SoundExchange to talk about LODs. Watch our interview with Matt below.If you want to learn more about LODs simply go to SoundExchange Direct, select the “Letter of Direction” tab and then select “View Current LODs” to see summary and detailed information of royalties paid to and received from third parties. That means a registrant can see who they are paying and who is paying them via LODs.This information is equally useful for recording artists who pay LODs and the producers who are paid by an LOD. Information available under “View Current” on “Letter of Direction” tab includes:
- A summary count of active LOD agreements in our system showing the number of LOD agreements a user’s registrants are either paying to (or are being paid by) third parties
- A detailed view, which expands on one registrant’s LODs to provide the names of the third parties and a count of the royalty items involved with each LOD
- The ability to see the specific royalty items involved in an LOD by Title, Artist and LOD Percentage
- Functionality to export a CSV file that include all LOD details for a registrant