SoundExchange paid out $399m in the first half of 2018, up 17.4% year-on-year

The US company, which collects these digital performance royalties on behalf of recorded music rights-holders, distributed $208.7m to its members in Q2 2018 (the three months to end of June). That was 17.5% up on the $177.6m distributed in the same period of 2017.

Source: SoundExchange paid out $399m to artists and labels in the first half of 2018, up 17.4% year-on-year

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