SoundExchange has distributed over $12 billion to artists and rights owners since 2003, reaching this milestone shortly after hitting $11 billion in 2024. The organization's Q4 2024 distributions totaled $248.6 million, bringing the full-year total to $1.05 billion—a 4.9% increase from 2023.

"This milestone reflects our commitment to amplifying music's value, paired with a growing digital music ecosystem," says SoundExchange CEO & President Michael Huppe. "Putting money into the hands of those who earned it through their talent, artistry, and passion is our primary mission."

Key Facts About SoundExchange:

• Serves over 700,000 registered creators
• Processes monthly payments within 45 days of receipt
• Partners with 60 international organizations covering 87% of neighboring rights markets
• Represents 474,000+ creators for overseas performance royalties
• Only organization designated by U.S. government to administer Section 114 sound recording license

Notable Achievements in Royalty Rate Increases:

• 711% increase for satellite royalties
• 294% increase for subscription royalties
• 215% increase for non-subscription royalties

SoundExchange enables digital service providers to meet their legal obligations to artists and rights owners while ensuring efficient collection and distribution of royalties through their non-profit operation.

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