SoundExchange Names Paul Shaver Senior VP

SoundExchange has appointed Paul Shaver as Senior Vice President of Business Development. Shaver will report to SoundExchange President and CEO Michael Huppe in this role. Prior to taking on this position, Shaver served as the president of both CMRRA and SX Works. He had previously been appointed as the president of CMRRA in 2019.

CMRRA was founded in 1975 and represents the majority of music publishers that operate in Canada. SoundExchange originally acquired CMRRA in 2017. SoundExchange later agreed to sell CMRRA to the Canadian rights organization SOCAN in July 2026, and the agreement between the parties was completed on September 1.

Since its establishment in 2003, SoundExchange states that it has distributed more than 13 billion US dollars in royalties to more than 800,000 music creators. The organization collects royalties from service platforms such as Pandora, SiriusXM, and iHeartRadio. Annual distributions distributed through SoundExchange fell by 5.9 percent in 2025 to a total of 991.5 million dollars. In addition, SoundExchange is running a campaign for the American Music Fairness Act, which would make it mandatory for terrestrial radio broadcasts to pay royalties.