. ▁ ▁As ▁of ▁ 2 0 1 8 , ▁web cast ing ▁rates ▁were ▁$ 0 . 0 0 1 8 ▁for ▁non - sub scription ▁services ▁and ▁$ 0 . 0 0 2 3 ▁for ▁subscription ▁services . ▁ ▁Adv oc acy ▁efforts ▁Sound Ex change ▁is ▁an ▁advoc ate ▁for ▁the ▁reform ▁of ▁U . S . ▁music ▁lic ens ing ▁laws , ▁seeking ▁to ▁ensure ▁that ▁music ▁cre ators ▁ear n ▁fair ▁market ▁value ▁for ▁their ▁work ▁when ▁it ▁is ▁used ▁on ▁any ▁music ▁platform . ▁During ▁the ▁ 1 1 5 th ▁Congress , ▁Sound Ex change ▁act ively ▁supported ▁the ▁Fair ▁Play ▁Fair ▁Pay ▁Act ▁of ▁ 2 0 1 7 ▁( H . R . 1 8 3 6 ) ▁and ▁the ▁C LA SS IC S ▁Act ▁( H . R . 3 3 0 1 ). ▁It ▁is ▁a ▁found ing ▁member ▁of ▁music FI R ST , ▁a ▁coal ition ▁of ▁organizations ▁representing ▁mus icians , ▁recording ▁artists , ▁man agers , ▁music ▁business es , ▁and ▁performance ▁rights ▁advoc ates . ▁ ▁Project s ▁and ▁initi atives ▁In ▁March ▁ 2 0 1 6 ▁Sound Ex change ▁introduced ▁an ▁online ▁service ▁to ▁allow ▁music ▁services ▁to ▁locate ▁metadata ▁for ▁ 2 0 ▁million ▁sound ▁record ings ▁in ▁its ▁database . ▁The ▁service ▁allows ▁users ▁to ▁search ▁Sound Ex change ’ s ▁database ▁of ▁international ▁standard ▁recording ▁rates , ▁unique ▁ident ifiers ▁for ▁sound ▁record ings . ▁ ▁In ▁January ▁ 2 0