SOCAN, Canada’s music publisher and composer organization, announced that its CEO Eric Baptiste has resigned. Baptiste was nearing the end of his contract as chief executive for the society, and reached “a mutual decision” with the SOCAN board to close his term, effective immediately. Continue Reading
Canadian collections agency SOCAN announced last week that it set a new record in 2019. The group saw an estimated C$405.5 million in collections during the year, a total that was 8% higher than its previous record of C$375 million in 2018. Continue Reading
Facebook has taken its licensing deals across the Atlantic. These latest agreements add to Facebookâs stable of both the European-centric deals, such as with online rights hub ICE, and its work with outlets from the major labels, including Warner Music Group and Sony/ATV. Continue Reading
Canadian collection agency SOCAN announced a record-high revenue for 2017, but the organization shared the news with a caveat. Total performing rights revenue surpassed $350 million last year, up 6.4% from the year prior. Royalties distributed to SOCAN members reached more than $300 million, a record high for the group. Continue Reading
The Society of Composers, Authors and Music Publishers of Canada (SOCAN) announced that it collected C$330 million ($249.3 million) in 2016 total revenues. Streaming revenue skyrocketed up 118% over the previous year. Continue Reading