SoundExchange, a US-based non-profit royalty collection agency subject to public federal disclosure laws, has refused to disclose critical financial information from fiscal year 2018 to Digital Music News. In 2017, SoundExchange CEO Michael Huppe collected compensation of nearly $1.4 million, a 27% year-over-year increase of roughly $300,000. That ‘non-profit’ payout drew serious criticism, though a […]
The post ‘Non-Profit’ SoundExchange Refuses to Disclose Top Executive Salaries, ‘Black Box’ Holding Balances from 2018 appeared first on Digital Music News.