SoundExchange is a non-profit organization in the United States that collects and distributes digital performance royalties on behalf of recording artists and record labels. It primarily focuses on royalties generated from streaming services, internet radio, and satellite radio, ensuring that creators are compensated for their work. Founded in 2003, SoundExchange plays a crucial role in the music industry by managing the licensing and payment processes for digital audio transmissions. It helps artists and labels navigate the complexities of copyright law, making it easier for them to receive fair compensation for their music in the digital age.