SOUNDEXCHANGE: MORE THAN $9B SERVED

SoundExchange reports that it has distributed more than $9b in digital royalties directly to music creators since 2003. In addition, it says it disseminated a total of $235m during the first quarter of 2022, completing its 150th royalty disbursement.

“SoundExchange is powering the future of music by distributing billions of dollars to creators, who are the heart and soul of our industry,” said Michael Huppe, president/CEO. “We’ve seen the return of our vibrant music community over the last several months, and we are proud to play a role in building a fairer, simpler and more efficient industry.” Ka-ching!