SoundExchange’s president/CEO on hitting a royalty payment milestone on the organization’s 20th anniversary.
In his Washington, D.C. office, Michael Huppe rolls his chair past gold records, an Elvis Costello poster and an electric guitar to a back shelf to locate a key and unlock a drawer. “Let me see if I still have it here,” the SoundExchange president/CEO says before pulling out a black vest with capital yellow letters that read “RIAA Anti-Piracy Unit” and draping it over his coat.
There was a widow of a Delta blues singer we had been trying to find forever. We finally found her, and she was in tears because they were about to foreclose on her house and because of that [payment], they saved her house.After working at the RIAA, you joined SoundExchange in 2007, which had been operating for four years. What were those early days on the job like?
When I first started working — I guess I was still at the RIAA — SiriusXM was paying 2% of revenue, and now it’s 15.5%. And streaming rates we get from webcasting have more than quadrupled. We’ve done a really good job of demonstrating and achieving the value for music.
In addition to Michael Huppe, SoundExchange is guided by an executive leadership team consisting of chief business officer Tommy Korpinen, CFO/COO Anjula Singh, general counsel Tim Dadson and chief technology officer Luis Bonilla.SoundExchange, 10 years from now, is going to be an even bigger part of the industry than we are today.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
If You're Looking To Upgrade Your Cooking On A Budget, I'm Here To Show You 27 Kitchen Products Under $10 From AmazonA chef might be only as good as their tools, but good news: Those tools don't have to cost a bundle.
Read more »
$5 agent call? $10 doc request? Hidden electric bill feesAs you shop around for cheaper electricity rates - you might not always get what you think you signed up for. KPRC 2 Investigator Amy Davis has what you need to know about *new* hidden fees.
Read more »
Paper straws contain toxic ‘forever chemicals’ potentially harmful to health: studyPaper and bamboo straws can contain 'forever chemicals' more often than plastic and steel straws, a new study from Europe published this week has found.
Read more »
Illinois Tollway, state troopers hosting free car seat safety checks, photo IDs in Oak LawnState troopers are hosting a free car seat safety check and providing identification cards for children.
Read more »