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 the first quarter of 2018.
In 2018, SoundExchange distributed a record $953 million in sound recording performance royalties to artists and copyright owners.