Soundexchange Inc

Soundexchange is the nonprofit organization at the center of digital music, developing business solutions to benefit the entire music industry. The organization collects and distributes digital performance royalties on behalf of approximately 130,000 recording artists, master rights holders accounts, and administers direct agreements on behalf of rights owners and licensees. To date, soundexchange has paid out more than $4.4 billion in royalties. Established in the digital age, soundexchange develops innovative, efficient and trusted business solutions for the global music marketplace so we can pay creators transparently and accurately. Soundexchange fights for royalty structures that recognize the vital role that the creators of music play for digital services. The library of congress has designated soundexchange to administer the statutory licenses that allow digital music services including pandora, siriusxm and music choice and 2,900 other digital music services to play your music.