https://www.pastemagazine.com/articles/2018/09/mma-passes-house.html
Even the normal people behind the studio console recording desk (Think Alan Parson producing Pink Floyd's Dark Side of the Moon, before he got "big" on his own).
I'd bet members of The Wrecking Crew[1], though modest, would have really benefited from a system like this. Though they were so busy recording all the hits from the 60's and 70's the rates they made may have seemed fair at the time.
https://www.grammy.com/advocacy/learn/music-modernization-ac...
It sounds like SiriusXM is a big loser here; I had no idea that pre-1975 music could be played royalty-free. Guess that helps explain all the oldies stations.
Ideally, the industry-standard database and accounting systems would be based on auditable open-source software, where the playback data used to calculate payments is tamper-resistant and replicated.
most of my musicians and producers acquaintances have never mentioned soundexchange involved in a music royalties transaction. Ever. I guess it only matters to music distribution inside the usa, while the others cover usa and international.