I think SoundExchange & Music First support pre-72 to be included in Statutory License, so pre-72 artists get paid for streaming (they don't get paid for AM/FM. SoundExchange pays featured artists their share directly.
http://www.irs.gov/pub/irs-drop/rr-04-6.pdf
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SoundExchange
I think SoundExchange & Music First support pre-72 to be included in Statutory License, so pre-72 artists get paid for streaming (they don't get paid for AM/FM. SoundExchange pays featured artists their share directly.
IRS rules for 501 c6
http://www.irs.gov/pub/irs-drop/rr-04-6.pdf