SoundExchange has officially surpassed $7B illion in total royalty distributions to music creators since its creation in 2003
As the music industry reels from lost touring income, SoundExchange has some positive news on the streaming front today (April 9).
A representative for the agency said that in the most recent distribution, SoundExchange paid nearly 30,000 separate accounts, with more than half receiving $1,000 or less -- presumably artists who are relying on streaming income amid the coronavirus crisis.
SoundExchange proudly maintained monthly distributions during the pandemic, serving more than 200,000 creators over January, February and March. It also joined other music industry organizations to call upon Congress to ensure that music creators would be included in the recently-enacted CARES Act.
"SoundExchange has always been a critical source of revenue for music creators, and especially now,” said CEOMichael Huppe Read more: billboard »
music distributions Inbox me I Looking fro distributors SoundExchange thanks SoundExchange! billboardspeakup CountThe10KBillboard Literally who stream future nostalgia Can you please address the 5SOS situation billboardspeakup AddThe10kBillboard billboardspeakup billboardspeakup well 5sos surpassed more than the sales you’re accounting for but won’t speak about that will you? billboardspeakup BILLBOARDCOUNTTHE10KSALES
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