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SoundExchange Bests Personal Record

January 29, 2015, 10:39 AM

http://www.hypebot.com/hypebot/2015/01/soundexchan...

SoundExchange released it's 2014 year end numbers this morning, revealing a new record for the company of $773 million in royalty payouts to recording artists and record labels. 2014's total payout is up 31% from the $590 paid out to artist and labels the year prior. The fourth quarter of 2014 also brought with it a significant increase in distribution with more than 38,000 payouts totaling approximately $183 million.

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