owed
Study 6 · primary sources

Where unclaimed music money ends up

Depending on the country, money nobody claims is shared among other rightsholders, moved into a fund or kept by the society. Each route has a deadline, usually three to six years.

3 yearsEU point for non-distributable

How long the money waits

Most rules start at three years, the point after which EU law lets a society treat money as non-distributable. SACEM and Adami wait five years, PPL six. The MLC's minimum is three years, and by April 2027 it will have held 2021 money for over six years.

How long the money waits, and where it goes next
  • A social, cultural or industry fund
  • The society's own budget or costs
  • Shared among other rightsholders
PRS for Music UK
Buma Netherlands
The MLC US
SIAE Italy
STIM Sweden
SoundExchange US
Adami France
SACEM France
PPL UK
Notes and source

Years as each rule states them. Depending on the society they count from the collection year or the distribution.

The MLC's lighter bar shows 2021 usage, held until the first market-share payout in April 2027.

EU Directive 2014/26/EU, art. 13 ↗

Three routes

Shared out by market share

In the US, unmatched streaming royalties the MLC still holds will be shared among everyone else in proportion to their existing share of usage. The first payout starts in April 2027. The biggest catalogues get the biggest absolute cut of money they did not earn.

Source

Shared with identified members

PRS redistributes unmatched online money pro rata to the repertoire it could identify; Buma shares it among rightsholders of the same usage years. The share of an unregistered writer goes to whoever was registered.

Source

Moved into funds or the society's budget

EU law lets societies treat money as non-distributable after 3 years; their members decide its use. SIAE and GEMA fund social and cultural programmes; SACEM's statutes say royalties unclaimed for 5 years are acquired by the society.

Source

Does market share favour the biggest?

Pro-rata and market-share rules pay each rightsholder in proportion to its existing share. For example, a catalogue with 10% of matched usage receives 10% of the unclaimed pool. The largest catalogues receive the largest amounts, from songs they do not own. No source we found says the formula gives them more than their proportional share.

The concern is on record. In 2021 the US Copyright Office quoted the MLC's own Unclaimed Royalties Oversight Committee, which supported withholding partly to “help alleviate concerns of any perceived conflicts of interest”.

Who loses

The creator who earned the money, in every route. The only way to get it is to be registered, and to claim in time.

What an artist can do

  1. Register works and recordings in every country where the music is used, through the home society and its partners.
  2. Claim within the window: three years in most places, five at SACEM, six at PPL.
  3. Check public data and the societies' unclaimed lists on Owed.

Check a catalogue against the public record.

Search an artist, writer or producer, or upload a distributor report to check every streamed song.

Check a distributor report →

Sources

  1. EU Directive 2014/26/EU, art. 13 ↗
  2. The MLC, market share distribution ↗
  3. 17 U.S.C. § 115 ↗
  4. PRS for Music, Distribution Policy, Dec 2023 (archived copy) ↗
  5. Buma, Repartitiereglement (version 30-12-2024), pp. 9 and 40 ↗
  6. SIAE, Relazione di Trasparenza 2024, p. 43 ↗
  7. STIM, Transparency Report 2025, pp. 12 and 16 ↗
  8. SoundExchange, Annual Report 2024, p. 4 ↗
  9. Adami, Rapport de transparence 2024, p. 61 ↗
  10. SACEM, Statuts et Règlement général 2026 (hosted by SACEM Luxembourg) ↗
  11. PPL, Annual Transparency Report 2024, p. 11 ↗
  12. US Copyright Office, Unclaimed Royalties report (2021) ↗

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