SoundExchange has distributed more than $7bn since 2003

US royalties-collecting organisation SoundExchange has hit a new milestone: $7bn of distributions since it was created in 2003. The company passed $5bn of distributions in late 2017, and was thought to have reached $6bn in early 2019. The news came as SoundExchange announced that its distributions during the first quarter of 2020 were $224m, up 1.5% year-on-year. The firm […]

SoundExchange reveals record royalty payouts in 2018

US firm SoundExchange has published its year-end numbers for 2018, and like other bodies collecting and distributing royalties for musicians and rightsholders, it enjoyed a record year. “We distributed more sound recording performance royalties to recording artists and rights owners than in any other year of our 15-year existence – a record $953m,” announced SoundExchange […]

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