SoundExchange Holding Millions In Unpaid Royalites

As if the recording industry needed any more embarrassment, it has come to light that SoundExchange, a company that collects and distributes royalty payments derived from satellite and internet radio, cable television music channels and other music streaming platforms, has withheld over $200 million dollars in unpaid royalties dating back to year-end 2008, according to the I.R.S.

Read the full story here.

Via the music industry report


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