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# SoundExchange distributed $1B royalties in 2023, up 4.3%
- URL: https://www.hypebot.com/soundexchange-distributed-1b-royalties-in-2023-up-4-3/
- Published: 2024-01-23T13:22:23.000Z
- Updated: 2024-01-23T13:22:32.000Z
- Description: SoundExchange paid $250 million in royalties in the fourth quarter of 2023, bringing its total gross distributions in 2023 to $1 billion, up 4.3% above 2022 distributions of $959M. SoundExchange. Continue reading [https://www.hypebot.com/hypebot/2024/01/soundexchange-distributed-1b-royalties-in-2023
- Author: Bruce Houghton
- Tags: Music Business, Songwriting & Music Publishing, Streaming, music, music industry, Music Tech, musician, musicians, SoundExchange, #wp, #wp-post, #Import 2026-01-21 09:44

SoundExchange paid $250 million in royalties in the fourth quarter of 2023, bringing its total gross distributions in 2023 to $1 billion, up 4.3% above 2022 distributions of $959M.

![](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-soundexchange-com/wp-content/uploads/2024/01/blog-post-headers-2.png)

SoundExchange reported distributions in Q1 of $229M, $269M in Q2, and $257M in Q3.

Last year, the digital PRO also celebrated its 20th anniversary, along with the March milestone of $10B in cumulative direct payments.

SoundExchange collects and distributes non-interactive digital performance royalties like SiriusXM and Pandora to more than 650,000 music creators and rights owners.

*Bruce Houghton*