Exclusive – SoundExchange Financials: How Much Paid vs. How Much in Limbo? – Billboard

SoundExchange had a $363 million cash balance on December 31, 2011 on its Form 990, the annual reporting form for non-profits in the U.S. That large balance consists of the usual mix of things such as accrued royalties not yet received from Internet radio services and royalties that cannot be paid because of poor data received by the reporting service...

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