Music Business News: North America

SoundExchange payouts grew 10% to a record $884m last year

Organization distributed nearly half a billion dollars in second half of 2016

SOCAN revenues grew 8% in 2016 as it paid out over $200m to songwriters and publishers

Society breaks records, but income-to-distribution ratio increases

Randy Jackson joins Faction Entertainment’s growing ‘management services’ roster

Robb McDaniels' new company now works with 25 managers in total

How Facebook can go from villain to hero: Pinch Vevo from YouTube

Why the music business's own video channel could be the key to helping Mark Zuckerberg

BMG paid $100m for Broken Bow in ‘significant milestone’ for its business

Buyout gives company a strategic recordings foothold in Nashville

AEG buys stake in The Bowery Presents – and claims to be New York’s No.1 promoter

Independent promoter puts on more than 2,500 events every year

SESAC signs multi-Grammy Award winner Rosanne Cash

Singer/songwriters joins Green Day, Randy Newman and others on firm's books

David Wolter exits RCA to head Virgin Records at Capitol Music Group

Exec will report into Ashley Newton at CMG in Hollywood