[Editor Charlie sez: Thank you Mike Huppe and the SoundExchange team!]
SoundExchange annual payouts rise 13.1%, or $105.4m, from $802.8m (2018) to $908.2m (2019).
Another interesting stat from SoundExchange: in Q4 2019, the number of payees getting checks from the org stood at 37,035 – up 8.7% on the 34,048 payees receiving money from SoundExchange in Q4 2018.
Those 37,035 payees in the last quarter of 2019 shared $218.8m, while the 34,048 payees from the prior year quarter shared a slightly larger amount, at $345m.
Read the post on Music Business Worldwide
and on Hypebot SoundExchange Annual Payouts Up 13%