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SoundExchange publishes its 2009 financial results


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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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