Price consults for SOCAN to help members gain additional digital music exposure and revenue
TORONTO, Oct. 3, 2012 /CNW/ - SOCAN - the Society of Composers, Authors and Music Publishers of Canada - has secured an agreement with music industry pioneer Jeff Price to collaborate on potential new concepts and possibilities that can help the organization's more than 110,000 members.
Price is the co-founder and former CEO of TuneCore, the world's largest music distribution and publishing administration entity. Price has been an outspoken fan of SOCAN, commenting in a May 2012 blog post that "SOCAN is a shining example of how a performing rights organization should work for songwriters."
"SOCAN always works to represent the needs and rights of our members, and Jeff Price will provide us with exciting new concepts that will help us achieve our vision of raising the bar for music rights," said Eric Baptiste, CEO of SOCAN. "Jeff Price is a true visionary in the music industry. His philosophy and ethic when it comes to the rights of songwriters, authors and publishers match nicely with our own."
Before leaving TuneCore in August, Price helped to build the organization into the industry powerhouse that it is today, representing approximately 10 per cent of the 20-million songs on iTunes, and almost four per cent of total digital music sales.
"The new music industry is about serving, not exploiting, the artist," Price said. "SOCAN serves its members by getting them money owed for the public performance of their songs without owning their copyrights. To me, SOCAN is TuneCore on steroids. It has the right vision, philosophy, management, artist base and infrastructure to lead the world on getting musicians, songwriters and publishers back more money, more quickly with transparency. It's a privilege to work with them."
In his career, Jeff Price has reshaped the music industry model and, previously, he co-founded and ran spinART Records, and played an active role in launching eMusic, the world's first on-line digital music store.
SOCAN is a not-for-profit, member-based organization that represents the Canadian performing rights of more than three-million Canadian and international music creators and publishers. SOCAN is proud to play a leading role in supporting the long-term success of its more than 110,000 Canadian members, as well as the Canadian music industry. SOCAN collects licence fees from more than 48,000 businesses from coast-to-coast and distributes royalties to its members and music rights organizations around the world. SOCAN also distributes royalties to its members for the use of their music internationally in collaboration with its peer societies.