SoundExchange paid $953m to artists and labels last year – an all-time record

US-based collection and licensing society SoundExchange paid $952.8m to artists and record labels in 2018. That figure was up 46.2% on 2017, when the organization distributed $652m to its recorded music members. The organization saw a very strong fourth quarter last year, distributing $345m to music creators – up by 115.7% on the same period in the prior year.

Source: SoundExchange paid $953m to artists and labels last year – an all-time record

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