Royalties From Digital Radio Start to Add Up

After more than a decade, the royalties for Internet radio and other digital music streams are finally starting to add up. On June 18, SoundExchange, a nonprofit group that processes payments for online streams, will announce that it has paid $1 billion to artists and record companies since its founding in 2000, and that this year its quarterly payments exceeded $100 million. The payments reflect the growing popularity of digital music as well as new ways for the record industry to make money as sales continue to fall.