SX DOES THE NUMBERS

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.

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		SPOTIFY Q1 PROFIT TOPS $1B; SUBS HIT 239M How Swede it is. (4/23a) Check It Out Now HITS LIST IN PLAYOFF MODE Will scoring records be broken this week? (4/23a) Check It Out Now THE COUNT: ALL THE DESERT'S A STAGE The dust settles on the Indio Polo Grounds. (4/22a) Check It Out Now ROCK HALL UNVEILS 2024 INDUCTEES Class of '24 comes alive. (4/22a) Check It Out Now NEW RELEASES: SWIFT UPS THE ANTE Does she ever. (4/22a) Check It Out Now
		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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SX DOES THE NUMBERS

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