MI2N
Music Industry News Network
WEDNESDAY, SEPTEMBER 17TH
Advanced Search
MusicDish Advertising Network
Subscribe to Mi2N's Free Newsletters B2N (business) i2N (indie)
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 02-08-2014

SoundExchange Celebrates Year Of Milestones With 2013 Total Distributions Reaching $590 Million

Bookmark and Share

SoundExchange, which celebrated its ten year anniversary in 2013, closed out the year with another record-setting distribution, paying $170.4 million to recording artists and record labels in the fourth quarter. Total year-end digital radio royalty payments reached an all-time high of approximately $590.4 million (up 28 percent from 2012). Since inception, SoundExchange has put nearly $2 billion into music creators' pockets.

SoundExchange royalties are paid by 2,000+ non-interactive Internet radio, satellite radio and cable radio services for their use of sound recordings. These royalties are distributed by SoundExchange directly to the recording artists and record labels that earn them.

SoundExchange maintains one of the lowest administrative rates in the industry at 4.9 percent in 2012.

"I'm pleased to report a strong finish to an amazing year for SoundExchange, and for digital radio. We processed tens of billions of digital performances in 2013 reported by thousands of music services every month. This is further proof that consumers are streaming digital radio now more than ever," said SoundExchange President and CEO Michael Huppe. "We are ensuring that digital radio listening is being converted into a reliable revenue stream for music creators. We look forward to continuing our mission to support, protect and propel the music industry forward in 2014."

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

Show Your Red&Green And Support China's Second Hand Rose #UselessRockUSA Tour

EVENTIDE UltraReverb PLUG-IN NOW AVAILABLE

825 RECORDS INC., BUILDS AND OPENS NEW FACILITY

China Rock Band Second Hand Rose To Perform NYC's Webster Hall As Part Of Their Debut #UselessRockUSA Tour

Momentous Game Of Thrones Music And Video Released To Introduce Musicnotes And Jarrod Radnich Partnership

GINGIO Is Set To Assist The Music Industry With Exceptional Services

Plunky & Oneness Release "Never Too Late (Go-Go Remixes)" Maxi-Single

Provocative Beijing Rockers Second Hand Rose To Play NYC, DC, Philly, Boston



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» World Cafe Live And WXPN To Celebrate 10th Anniversary Of Public-Private Partnership That Created Region's Music And Radio Clubhouse
» WeeSPIN Joins With Leading Tech And Music Industry Tastemakers To Celebrate IPhone 6
» Marwan Khoury Signs With Universal Music MENA
» Entrepreneur Raymond A. Los To Launch World's First Multi-Channel Streaming Television Service Provider.
» Pandora Strikes US Licensing Deal With BMG
» Republic Records Welcomes Rick Krim As Executive Vice President, Artist Development
» Band Incubator RecordingFestival.com Opens Gates To Submissions
» Drew Hollis, InMusic Brands, To Demo At 2014 Midatlantic Music Conference
» Nickfillmusic "Never Let You Down"
» Burning The Day Is Blazing The Way With Best Metal Act Nomination!


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Show Your Red&Green And Support China's Second Hand Rose #UselessRockUSA Tour
» Provocative Beijing Rockers Second Hand Rose To Play NYC, DC, Philly, Boston
» BROBST Electro-Rock Leads MusicDish*China Top 5 Indie Song Chart
» Second Hand Rose To Play NYC, DC, Philly, Boston
» Love And Peace 2014 Outdoor Camping Music Festival
» MusicDish*China Top 5 Indie Song Chart (Vol. 1, No. 4)
» The Courtesans Drives MusicDish*China Top 5 Indie Song Chart
» FM Pilots Skyrockets To Top Of MusicDish*China Indie Song Chart
» MusicDish*China Top 5 Indie Song Chart 07/19-07/25/2014
» Zebra Music Festival (Shanghai) Ticket Giveaway Winners
» MusicDish*China Top 5 Indie Song Chart 07/12-07/18/2014
» Temple Bar 3 Year Anniversary

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2014 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.