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SoundExchange Announces $1 Billion Paid to Artists and Labels
June 18thMilestone Royalty Distribution Represents Major Growth in Digital Music Industry
WASHINGTON, DC – June 18, 2012 – SoundExchange today announced it has reached a major milestone of $1 billion in digital royalty payments to recording artists and record labels since its inception. This accomplishment is just one reflection of the tremendous growth of digital radio, including new services and increased listenership. It also reflects SoundExchange’s mission to help the music and creative community thrive.
Read MoreSoundExchange Enhances International Initiatives
June 6thOrganization Joins International Performer Database Association, Signs Five New Record Label Reciprocal Agreements and Announces New Department Head
WASHINGTON – June 6, 2012 – SoundExchange continues to expand its global reach in collecting performance royalties for its member recording artists and record labels. The organization announced today it has joined the International Performer Database Association (IPDA) and has signed five new reciprocal agreements with record label collecting societies in France, Spain, Sweden, Ireland and Jamaica. With the addition of these agreements, it brings SoundExchange total number of international agreements to 22. Ryan Lehning, previously Senior Counsel for SoundExchange, was recently named Director of International to lead these efforts.
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