SoundExchange reported paying out $238.9 million in royalties for Q3 2022, a slight decrease from the same stretch in 2021. The figure represents an approximately seven percent decline from Q3 2021’s roughly $256 million in distributed royalties – a total that itself marked a six percent QoQ boost as well as a comparatively small one percent YoY uptick.
Source: SoundExchange Reports $238.9 Million Q3 2022 Distribution