Sound Exchange

SoundExchange Announces New President

Former EVP Michael Huppe hails evolving SX as “eager champion of the industry’s future”

SoundExchange’s Board of Directors announced today that long-time Executive Vice President and General Counsel Michael Huppe will be the nonprofit’s new President. The decision comes as part of a planned leadership transition that began in mid-2010. Huppe’s comments of acceptance positioned SoundExchange as “an eager champion of the music industry’s future.”

“Mike’s proven leadership ability and service to the organization cannot be overstated,” SoundExchange’s Board of Directors said in a statement. “Pair that outstanding record with his innovative ideas about the evolving industry, and this was unquestionably the right choice for SoundExchange’s future.”  The Board, a cross-section of the industry comprised of equal numbers of artist and label representatives, selected Huppe after a rigorous search process of both internal and external candidates.

XM Satellite Radio Copyright Litigation

SoundExchange Registrants and Members,

You may have been contacted or have heard about settlement of a class action lawsuit, In re XM Satellite Radio Copyright Litigation, involving independent record labels and master owners and XM Satellite Radio, Inc.  Please be aware that SoundExchange is not a party to this lawsuit and is not advising its registrants or members to either opt-in or opt-out of the settlement.  SoundExchange’s participation has been limited to providing data to the administrator of the settlement in order to facilitate settlement claims.  Please consult your own legal counsel in determining whether or not it is more appropriate for you to opt into the settlement or opt out.  You can find more information about the settlement at www.notavxm.com, or by calling 1-877-398-1139.