We’ve closed the book on 2016, and we have a great story to tell. We distributed more digital performance royalties to recording artists and rights owners than we have in any previous year: $883.9 million — that’s 10.1 percent more than the $802.6 million we distributed in 2015.
In the fourth quarter of 2016, we distributed royalties to more than 33,000 recording artists and rights owners — a 36 percent year-over-year increase — and registered 42 percent more new recording artists and rights owners than we did in the fourth quarter of 2015. That’s what we call a happy ending.
But there’s more to the story. Access is outpacing ownership, and more music lovers are streaming music than ever before. We aren’t reading too much into these numbers — 2016 was historic, and it makes you wonder how much music consumers will stream in 2017. We can’t wait to find out!
SoundExchange continues to grow and develop with the digital music market. In October, Music Business Worldwide (MBW) editor Tim Ingham published his interview with SoundExchange President and CEO Michael Huppe to discuss many of those changes.
The wide-ranging interview with MBW covers some of the most important trends in the music industry and underscores the increasingly important role SoundExchange plays.Read MBW interview with Michael Huppe
Make no mistake about it – 2016 was a big year for streaming and for recording artists. In December, we released our Top 20 charts that show the year’s top songs, artists and new artists on digital radio.View Charts
We like to recognize music creators when they achieve important milestones. When contemporary Christian musician Chris Tomlin surpassed one billion streams on the digital radio services from which SoundExchange collects royalties, we recognized his milestone by presenting him with our Digital Radio Award during the telecast of the 47th Annual Gospel Music Association Dove Awards. We were proud to make Chris just the fourth recipient of the Digital Radio Award, and his humble, moving remarks upon receiving the award made us proud that he’s a member (and brought a tear to our eyes).Read More
Deon Cole is a funny guy. The stand-up comedian and black-ish actor and co-writer also is a serious guy. When he visited us recently, Cole shared his perspectives on the power of comedy to heal, the mainstream appeal of black-ish and the joy of doing movies with peers like Cedric the Entertainer. Cole also demonstrated that he knows about much more than comedy and television, discussing the history of house music and the future of hip hop. Click on the video above to watch Deon Cole’s interview in our "Sound Off with SoundExchange" series. And learn more here about our work to collect royalties for comedians, actors and spoken word artists.Check out more of Deon Cole's visit to SoundExchange
Paper Lions took time out of their busy schedules to stop by SoundExchange during their current tour. The Canadian indie band took a detour on their way to New York to join us and talk about music, their influences and digital radio. They also performed a set that demonstrated their vocal talents and their affection for harmony.Read More
Lord Finesse is the voice of a familiar hip-hop lyric. The Bronx-born recording artist can be heard on Fatboy Slim’s “The Rockafeller Skank” singing the well-known line “right about now, the funk soul brother. Check it out now, the funk soul brother.” The producer and recording artist also is a big fan of digital radio.Watch "Artists Listen to Digital Radio Just Like You" playlist