SOCAN Delivers Record Payouts to Members, But Says Streaming Services Could Step It Up

📆 6/19/2019 11:10 PM
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The Society of Composers, Authors and Music Publishers of Canada (SOCAN) announced another 'record-setting' year with the release of its 2018 financial numbers, during the performing rights organization’s annual general meeting in Vancouver yesterday (June 18).

The Society of Composers, Authors and Music Publishers of Canada announced another "record-setting" year with the release of its 2018 financial numbers, during the performing rights organization’s annual general meeting in Vancouver yesterday .

SOCAN has almost 160,000 songwriters, composers, music publishers and visual artists as direct members, and more than 100,000 organizations "licensed to play" music across Canada. But despite these positive figures, SOCAN CEO Eric Baptiste included a word about streaming royalties and the org’s continued efforts to get rights holders fairly compensated.

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