Skip to content

SoundExchange Annual Payouts Up 13%

SoundExchange paid artists and labels $908.2 million in 2019. That’s down from $952.8 in 2018 when the digital PRO won a $150 million settlement with Sirius XM. Remove the one-time. Continue reading [https://www.hypebot.com/hypebot/2020/01/soundexchange-annual-payouts-up-13.html]

Spotify Exchange logo in orange and gray on a grey background representing music industry networking.
Spotify Exchange branding with a stylized orange arrow and text highlighting music industry collaboration.

SoundExchange paid artists and labels $908.2 million in 2019.  That’s down from $952.8 in 2018 when the digital PRO won a $150 million settlement with Sirius XM.

Remove the one-time settlement, and SoundExchange’s annual payouts are up 13.1%, from 2018, according to MBW which estimates SoundExchange’s lifetime payouts at about $7 billion.

SoundExchange also released its 2019 year-end song charts based on data from 3200 webcasting services, satellite radio, cable, and satellite TV music services including SiriusXM and Pandora.

Read the full list here.