Despite significant pull - outs from Pandora , parent SoundExchange 's H1 royalty payments increased 10 % , . SoundExchange holds the royalties collected before rights holders enroll in its services to be distributed after registration. The company 's Q2 results showed it made $ 208.7 m in payments to artists and rights holders , up from $ 177.6 m a year earlier . The music streaming service also saw its membership grow , with the number of represented rights owners rising 9 % to 300 in the following months through Pandora .
Despite significant pull - outs from Pandora , parent SoundExchange 's H1 royalty payments increased 10 % , . The company 's Q2 results showed it made $ 208.7 m in payments to artists and rights holders , up from $ 177.6 m a year earlier . The music streaming service also saw its membership grow , with the number of represented rights owners rising 9 % to 300 in the following months through Pandora .