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SoundExchange Paid Out $947 Million in 2020 | Concurrent Media
SoundExchange distributions grew 4.3% to $947 million in 2020 from $908 million paid out a year earlier to artists, record labels and other creators with points on master recordings. Overall revenue collections totaled $1.003 billion in 2020, a 4.2% increase over $963 million pulled in for the prior year. Source: SoundExchange Paid Out $947 Million