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Money owed that noone knowed. Are you a member of SoundExchange? Actually, let me rephrase, do you have songs on myspace? If you do then head over to SoundExchange and grab yourself a free membership. SoundExchange is a non-profit performance rights organization that collects statutory royalties from satellite radio (such as SIRIUS XM), internet radio and other streaming platforms. Myspace recently teamed up with SoundExchange to help identify the more than 25,000 major, indie and unsigned artists who are registered with myspace but not with SoundExchange. Collectively there's $14 mill in royalties sitting in a SoundExchange bank account, waiting to be paid to you.

Since the go-to spot for every up and coming musician is the Myspace, i thought that grant you fly on the wall access @ the myspace HQ for one day. Techcrunch has the dirt on the internal crumblings Myspace.com from the perspective of 3 anonymous employees. What each employee reveals is a bit shocking, but after about a minute of mentally pretending to sift through many of pages on myspace music seem to make %100 percent sense. Internally, Myspace sucks, and it's ever-so apparent on the outside. The accounts state that there's lots of yelling and confusion going on behind the scenes and one employee even compared it to a poorly run enterprise development shop than an Internet company. I think the only thing holding Myspace together right now is the independent musicians back (they should pay us) and we can only take so much weight, before it's time for a lighter load. Facebook Fan Pages anyone?

Labels - 0, Songwriters - 1 In a historic deal between labels and songwriters the national music publishers association has come away with a major win in an agreement that will see labels forking out the monies from "pending and unmatched accounts" that are set up in cases where a publisher has not been located by a record label, or an ownership dispute over a song. This is good news for the industry because publishers and labels are finally beginning to see eye to eye.

The Great Balancing Act Between Art and Business Both art and music require a great deal of energy and time, the balance is how and where you spend it. There are many different factors that go into creating a successful business around your music, including record keeping and bookkeeping. The insider has a great post about the difference between these two chores as well as some good advice on multi tasking business and music creation. Einstein said that one definition of insanity was repeating your actions and expecting different outcomes, if you wanna try a new approach to being a successful songwriter then all you gotta do is READ MORE.