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# MON. BRIEFING: SoundExchange To Pay $860M In 2016 • SFXE Scraps Bankruptcy • Guvera IPO Rejected • More
- URL: https://www.hypebot.com/am-briefing-soundexchange-to-pay-860m-in-2016-sfxe-scraps-bankruptcy-guvera-ipo-rejected-more/
- Published: 2016-06-20T07:48:00.000Z
- Updated: 2016-06-20T07:48:00.000Z
- Description: Monday 6.30.16 Music Business News From Around The Web Don't despair. Even while SFX and Guvera imploding, streaming music payouts are hitting record highs. Updated continuously under our More News tab.
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, music, #wp, #wp-post, #Import 2026-01-21 10:22

**[![Sound-exchange-logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d1fa9cfa970c-150wi "Sound-exchange-logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d1fa9cfa970c-popup?ref=hypebot.com)Monday 6.30.16**

**Music Business News** **From Around The Web**

*Don't despair. Even while SFX and Guvera imploding, streaming music payouts are hitting record highs.*

**Updated continuously under our [More News](https://www.hypebot.com/hypebot/news.html) tab.**