WASHINGTON D.C. (CelebrityAccess) — Digital performance rights organization SoundExchange on Wednesday announced that they have extended their deal with President and CEO Michael Huppe, paving the way for him to continue to lead the organization through 2021.
Huppe has served in his current role at SoundExchange since 2011 and in that time, the organization has seen annual collections bolstered by more than 150 percent, the PRO said.
During his tenure, Huppe also oversaw SoundExchange’s expansion onto administration of direct licenses and distribution of settlements for third parties, and music publisher administration with its acquisition of Canadian mechanical rights society CMRRA in May 2017.
“Mike’s vision and energy have driven SoundExchange through a remarkable period of growth and diversification, resulting in one of the most effective, efficient and transparent organizations in the industry today,” said Cary Sherman, chairman and CEO, Recording Industry Association of America (RIAA), and a member of the SoundExchange Board of Directors. “Mike has identified and executed on opportunities to redefine service and efficiency. Moreover, he has guided the expansion of our business beyond its initial core to include administration of direct licenses for sound recordings and brought the company into the music publisher services sector through the acquisition of CMRRA. He is a tireless advocate for musicians and the industry, and I’m thrilled he will be at SoundExchange’s helm for another term.”
In addition to his role at the head of SoundExchange, Huppe also serves as the Chairman of the Board of SXWorks, a subsidiary of SoundExchange which holds the CMRRA acquisition and provides administration services to music publishers both in the U.S. and abroad.
As well, Huppe serves on the Executive Committee of industry lobbying organization musicFIRST and the Community Advisory Board for the Kennedy Center for the Performing Arts. He is an Adjunct Professor at Georgetown University School of Law. He is a graduate of the University of Virginia and Harvard Law School.