What is Audio Exchange Music Library?
Audio Exchange is an online catalog of music presented specifically for the purpose of licensing music to customers like ad agencies, YouTubers, videographers, indie filmmakers, and music supervisors. They use your music for projects like commercials, TV shows, movies, and more.
For instance, let’s say David, an indie filmmaker, is looking for a really cool tune for the intro of his new drama. He can’t really afford to hire someone like Quincy Jones to score the soundtrack, so he shops his favorite music library instead.
He finds a really nice, low key tune that will fit his project perfectly. He quickly adds it to his cart, pays for his license, and gets a link to download the audio file. It was just that easy!
Why did David have to pay for a license, you ask? A license gives someone the right to use a song in their project. Since it is your original music to earn money from, unless they get your permission to use your music to earn money for them too, then they are stealing your money!
In short, Audio Exchange is a platform that promotes your music to users who need music for use in money making projects. Our role is not to promote your music to venues or potential fans. That is the job of your manager, producer, or record label.
How Do YOU Get Paid?
Sync Fees – A “synchronization fee” is paid to the music library upfront. Depending on the terms of the license agreement you signed with the library, you’ll get a percentage of that sync fee (the standard is a 50/50 split).
Performance Royalties – If the video that used your music is played on TV (whether it’s terrestrial, cable, or online), you’re entitled to receive performance royalties based on the number of plays. That’s where registering music with a PRO comes in. They’re in charge of collecting royalties for you — but only if you have registered that song with them first! As your publisher, Audio Exchange registers your music with a PRO so this royalty is collected and then shared with you according to the terms of the license agreement you signed with the library.
Ad Revenue – If your music is used in a YouTube video, you could receive a share of the ad revenue, which is the money earned by ads played before or during that video. You know, the annoying ones that interrupt at the best moments and come with a countdown timer until you can hit “Skip.” As your publisher, Audio Exchange registers your music to be part of the YouTube ContentID program so this royalty is collected and shared with you according to the terms of the license agreement you signed with the library.