SOCAN data shows concerts as growing contributor to economy and culture
TORONTO, March 20, 2013 /CNW/ - With many Canadian bands and artists
shining on the worldwide stage, live music in Canada is making a
growing contribution to Canada's economy and, based on data collected
and analyzed by SOCAN - the Society of Composers, Authors and Music
Publishers of Canada - the trend is likely to continue.
"We analyzed revenues generated from live music performances, and we're
pleased to report that our members are continuing to gain more than
ever from concerts," said Jennifer Brown, vice president, Licensing at
SOCAN. "We've seen year-over-year growth in 2012 of 14 per cent in
concert revenue, helped by major artists playing the Canadian circuit."
Where revenues from sound recordings have been declining in recent
years, the income streams flowing to music creators and publishers from
performing rights (TV, Cable, radio, live shows etc.) has continued to
In 2012, SOCAN distributions from concerts and live entertainment
totaled $20.9-million. Growth in revenues has been steady for the last
couple of years, as music creators increasingly rely on live
performances as a revenue source.
"As a performing songwriter, concerts and live performance are essential
to my livelihood," said Ian D'Sa, songwriter, guitarist and singer with
the Canadian band, Billy Talent. "It's great data that supports what I
have suspected: that there is more live music in more places at more
times than perhaps ever before in Canada."
The data collected shows that:
Between 2010 and 2012, SOCAN put $57.3-million (from concerts) into the
hands of its more than 110,000 members, and millions more
internationally, for the use of their music, through partnerships with
In 2012 the top-three locations for live music in Canada were Montreal,
Toronto and Vancouver, with Montreal showing the biggest growth, 38 per
cent over the previous year.
Moncton, New Brunswick, registered the biggest growth in live concerts
per capita, followed by Niagara Falls, Ontario, suggesting that live
performance venues are in demand across Canada.
Canadians have turned to live performances and concerts even during
tough economic times. For example, from 2007- '09 - in the middle of
the economic downturn there was a two per cent growth in live
SOCAN is member-based and governed organization that 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, and the Canadian music industry overall.
SOCAN licenses more than 125,000 businesses in Canada, 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. www.socan.ca
Image with caption: "Concert Royalties (CNW Group/SOCAN)". Image available at: http://photos.newswire.ca/images/download/20130319_C6396_PHOTO_EN_24664.jpg
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