Sunday, April 11, 2010

SoundExchange Payments Increase by 25%

SoundExchange, the performance rights organization that collects and distributes royalties from satellite and online radio play, mailed nearly $52 million to artists and copyright holders in the first three months of this year. That’s about a 25% increase over any other previous quarter.

John L. Simson, the executive director of SoundExchange, said that the higher payout resulted from “more and bigger radio stations simulcasting online, the growth in streaming services like Pandora and a recent increase in satellite radio subscriptions aided by rising car sales.” He went on to add that SoundExchange has registered thousands of artists who had not been in the system and they have also done a better job of figuring out which songs are getting played.

With this increase of people listening to both online and satellite radio and the resulting jump in royalty payments, it seems like it’s more important than ever for artists to get their music on online radio stations and streaming services like Pandora as well as on satellite radio.


~Emilia Segatti

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