SoundExchange Saw Dip in Royalty Distributions in 2017

As expected, SoundExchange’s gross distributions in the U.S. fell more than $225 million, or 26.2 percent, to $652 million from last year’s total of $884 million, due to Pandora switching from a compulsory license to direct deal with record labels.

Source: SoundExchange Saw Dip in Royalty Distributions in 2017, Citing Pandora Label Deals

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