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SoundExchange Payments Up 16.2% In Q1 2019

SoundExchange distributed $220.7 million in payments to more than 185,000 payees in the first quarter of 2019. This represents a 16.2% increase in distributions and 17.3% increase in payees over. Continue reading [https://www.hypebot.com/hypebot/2019/04/soundexchange-payments-up-162-in-q1-2019.html]

Sound-exchange-logoSoundExchange distributed $220.7 million in payments to more than 185,000 payees in the first quarter of 2019. This represents a 16.2% increase in distributions and 17.3% increase in payees over the first quarter of 2018.In 2018, SoundExchange distributed a record $953 million in sound recording performance royalties to artists and copyright owners.
image from digitalradioreport.soundexchange.com