{"id":5847,"date":"2016-02-12T07:07:23","date_gmt":"2016-02-12T07:07:23","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2016\/02\/12\/soundexchange-ends-record-setting-year\/"},"modified":"2016-02-12T07:07:23","modified_gmt":"2016-02-12T07:07:23","slug":"soundexchange-ends-record-setting-year","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2016\/02\/12\/soundexchange-ends-record-setting-year\/","title":{"rendered":"SoundExchange Ends Record-Setting Year"},"content":{"rendered":"<p><span class=\"normal\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scontent.fath3-2.fna.fbcdn.net\/hphotos-xft1\/v\/t1.0-9\/11659344_10154211759644897_8627412251805709181_n.jpg?oh=9c7666e9b8b4525182b18f30b0c514ce&amp;oe=57273893\" border=\"0\" width=\"218\" height=\"218\" \/><br \/>Largest Fourth Quarter Distribution to Date Increases 16% from Q4 2014. SoundExchange announced a new record with total year-end royalty  payments reaching $802.6 million (up 4 percent from $773.4 million the  prior year). The fourth quarter 2015 distribution also increased,  totaling $211.4 million (up 16 percent from $182.8 million the prior  year).  <!--more-->  <br \/> &#8220;As we close the books on a historic year in distributions for  SoundExchange, we are looking forward to 2016. In the year ahead we will  continue to develop products and services that help the music industry  run more efficiently, increase the velocity of payments and reduce  friction,&#8221; SoundExchange President and CEO Michael Huppe said. &#8220;We  believe 2016 will be our best year yet, and we are eager to share this  ride together.&#8221;<\/p>\n<p> More than 2,500 non-interactive Internet radio, satellite radio and  cable radio services pay royalties to recording artists and rights  holders through SoundExchange.<\/p>\n<p> In addition to surpassing $800 million in royalties paid for the first  time, SoundExchange reached many important milestones in 2015 that moved  the recorded music industry forward. SoundExchange&#8217;s 2015 achievements  include:<br \/> * Paying more than $3 billion cumulatively in digital royalties to recording artists and labels since 2003.<br \/> * Helping introduce the Fair Play Fair Pay Act, sponsored by  Representatives Jerry Nadler (D-NY) and Marsha Blackburn (R-TN) in  April.<br \/> * Participating in the Copyright Royalty Board&#8217;s (CRB) Webcasting IV  case, which set royalty rates and terms for webcasters using the  statutory license for 2016-2020.<br \/> * Hosting the SoundExchange Influencers Series at the Bluebird Caf\u00e9 in  Nashville featuring BeBe Winans, Jonathan McReynolds and Alexa Cruse.<br \/> * Appointing music legend David Byrne to the SoundExchange Board of Directors.<br \/> * Reaching a settlement agreement with National Public Radio (NPR) and  the Corporation for Public Broadcasting (CPB) on royalty rates through  2020 for webcasting by public radio stations.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span class=\"normal\">Source: SoundExchange<br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Largest Fourth Quarter Distribution to Date Increases 16% from Q4 2014. SoundExchange announced a new&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-5847","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=5847"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/5847\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=5847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=5847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=5847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}