What percentage of SoundExchange distributions goes to an AFM fund for session players?

• A. 5% to an AFM fund for session players.
• B. 10% to an AFM fund for session players.
• C. 0% to funds.
• D. 20% to AFM fund.

Answer: (A)

Five percent of SoundExchange distributions are allocated to the AFM fund for session players. This designated share funds the AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund, created to provide pension and health benefits for session musicians who perform on recordings. The five percent figure is a fixed allocation set by the SoundExchange framework (in connection with the Music Modernization Act), so the amount going to the fund is not zero and is smaller than any 10% or 20% option. The rest of the distributions go to the performers or rights holders as applicable.