Washington – SoundExchange, the recording industry entity
set up to collect and distribute digital music streaming royalties, said on
Thursday that founding executive director John Simon will step down after ten years
in the position. Simson will remain on until a successor can be found. "After
ten years of working with digital services, we’ve achieved many of our
important goals. We’ve established
fair rates for performers and labels and built the largest performer and recording
label society in the world," Simson said. "It is time for me to
return to different creative pursuits that I’ve been putting off these past few


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