SoundExchange

SoundExchange is a music technology organization based in Washington, District of Columbia, operating with a team of 182 employees. Founded in 2003, the company focuses on modernizing the music industry through technology, data analysis, and advocacy efforts. SoundExchange's primary function is to collect and distribute digital performance royalties on behalf of music creators. The organization serves 650,000 music creators, a number that continues to grow. Its proprietary technology solutions leverage data to ensure accurate revenue calculations and distributions. SoundExchange distinguishes itself as the sole organization designated by the U.S. government to administer the Section 114 sound recording license. To date, the company has paid over $10 billion in royalties to music creators, demonstrating its commitment to fair compensation within the industry. For more information about SoundExchange and its services, visit their website at soundexchange.com.