SoundExchange publishes its 2009 financial results


US royalties body SoundExchange has published its financial results for 2009, which have been much anticipated by supporters and critics alike. They reveal incoming royalties of $204.2 million for the year (up 20% on 2008), outgoing distributions to artists and copyright holders of $155.5 million (up 55%), and operating costs of $16.7 million. What's likely...

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