R ail way ▁stations ▁in ▁P omer an ian ▁Vo iv odes hip ▁Category : S łu ps k ▁County <0x0A> </s> ▁Sound Ex change ▁is ▁a ▁non - pro fit ▁collect ive ▁rights ▁management ▁organization . ▁ ▁It ▁is ▁the ▁sole ▁organization ▁designated ▁by ▁the ▁U . S . ▁Congress ▁to ▁collect ▁and ▁dist ribute ▁digital ▁performance ▁roy alt ies ▁for ▁sound ▁record ings . ▁It ▁pays ▁featured ▁and ▁non - feature d ▁artists ▁and ▁master ▁rights ▁own ers ▁for ▁the ▁non - inter active ▁use ▁of ▁sound ▁record ings ▁under ▁the ▁stat ut ory ▁lic enses ▁set ▁forth ▁in ▁ ▁and ▁. ▁ ▁O verse en ▁by ▁a ▁board ▁of ▁direct ors ▁composed ▁of ▁artists , ▁artist ▁represent atives , ▁and ▁sound ▁recording ▁copy right ▁own ers , ▁Sound Ex change ▁is ▁also ▁an ▁advoc ate ▁for ▁music ▁lic ens ing ▁reform . ▁As ▁of ▁ 2 0 1 8 ▁it ▁had ▁paid ▁more ▁than ▁$ 5 ▁billion ▁to ▁recording ▁artists ▁and ▁rights ▁own ers . ▁ ▁History ▁Sound Ex change ▁was ▁created ▁as ▁a ▁division ▁of ▁the ▁R I AA ▁in ▁ 2 0 0 0 . ▁In ▁ 2 0 0 1 , ▁major ▁record ▁labels ▁and ▁artists ▁agreed ▁on ▁a ▁standard ▁for ▁pay ing ▁roy alt ies ▁earned ▁from ▁cable ▁and ▁satellite ▁music ▁services , ▁and ▁Sound Ex change ▁made ▁its ▁first ▁payment , ▁distrib uting ▁$ 5 . 2 ▁million ▁in ▁roy alt ies ▁to ▁recording ▁artists ▁and ▁labels . ▁ ▁In ▁ 2 0 0 2