SoundExchange paid out $209.3m in sound recording performance royalties to recording artists and rights holders in the third quarter of 2018, a 37.2% increase over the same quarter the previous year.
For the year, the company has distributed $607.9m, a 24% spike over the first nine months of 2017. The company released the figures in its digital radio report.
The number of recipients is up nearly 8% to 37,066 and the company saw a 6.5% increase in the number of new registrations (8,795).
CEO Michael Huppe will also be happy to buy your lunch. Just don't order the lobster again.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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