SoundExchange Announces Second-Quarter 2013 Distribution of $149 Million Paid to Artists and Labels

Organization Also Announces Final 2012 Admin Rate of 4.9 Percent WASHINGTON – SoundExchange today announced second-quarter 2013 payments of $149 million. This quarter marks the organization’s highest quarterly payment to recording artists and record labels to date with a 55 percent increase from the same quarter last year. In addition, the organization announced it achieved a final 2012 administrative rate … Continue reading SoundExchange Announces Second-Quarter 2013 Distribution of $149 Million Paid to Artists and Labels