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SoundExchange reached 2019 distributions of $908.2 million

SoundExchange released its statistics from the final quarter of 2019. The organization distributed $218.8 million during the period for a total of $908.2 million during the whole year.

The result for all of 2019 was down 4.7% from SoundExchange’s 2018 distributions. It had a boost of $150 million in 2018 distributions thanks to a settlement with Sirius XM.

The number of payees in the fourth quarter reached 37,035, up from 34,048 in the last quarter of 2018. The period also included 7,903 registrations.

Anna Washenko

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