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SoundExchange Wraps Record-Setting Year

January 28, 2015, 09:47 AM

WASHINGTON, Jan. 28, 2015 /PRNewswire-USNewswire/ -- SoundExchange today announced a new record with total year-end royalty payments reaching approximately $773 million (up 31 percent from $590 million the prior year). The fourth quarter 2014 distribution also increased from the previous year with more than 38,800 payments totaling approximately $183 million. In addition to breaking records with its payments, SoundExchange also moved the industry forward in 2014 in many other important respects.

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