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# SoundExchange Payments To Artists, Labels Fall 24% To $204 Million
- URL: https://www.hypebot.com/soundexchange-payments-to-artists-labels-fall-24-to-204-million/
- Published: 2015-12-16T15:21:55.000Z
- Updated: 2015-12-16T15:21:55.000Z
- Description: Just hours before today's important rate ruling by the U.S. Copyright Royalty Board, SoundExchange released figures showing $204 million in payments in the 3d Quarter.
- Author: Bruce Houghton
- Tags: DIY Advice & Tips, Music Business, Streaming, Apple Inc., Copyright Royalty Board, Internet radio, Pandora, Pandora Radio, Rdio, Royalties, SoundExchange, Spotify, Thumb, #wp, #wp-post, #Import 2026-01-21 10:22

[![image from blogs-images.forbes.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e20191045d8bd6970c-150wi "image from blogs-images.forbes.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e20191045d8bd6970c-popup?ref=hypebot.com)Just hours before today's important rate ruling by the U.S. Copyright Royalty Board, SoundExchange released figures showing $204 million in payments in the 3d Quarter.

SoundExchange [paid out $204 million](http://digitalradioreport.soundexchange.com/2015q3/?ref=hypebot.com) in the third quarter to 87,219 artists and labels, That's down 24% from the $267 million paid in the same quarter last year. Total payments year-to-date were $591.2 million, up from $590.6 million in 2014.

The lower payments likely stem from increase usage of on-demand streaming services like Spotify and Apple Music, at the same time that Pandora and SirisuXM growth is slowing.

With more than 2,500 digital services now participating and more than a half billion dollars paid out in royalties this year, SoundExchange’s payments represent 17% of total recorded music revenue in the U.S.

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