TORONTO, Aug. 31, 2015 /CNW/ - Canada's songwriters and composers
continue to excel around the world, enjoying an overall increase of
eight percent in international revenues over the previous year,
according to data collected by SOCAN.
With international revenues from Canadian-created music exceeding
$55-million in 2014, the performing rights organization confirmed that
it was another record-breaking year for Canadian-made music performed
outside of the country, topping the previous high set in 2013.
"The popularity of the work of Canada's songwriters and composers
continues to rise worldwide," said SOCAN International Relations Vice
President Catharine Saxberg. "Last year's increase in international
revenue is proof that our music creators resonate around the globe, and
that SOCAN is doing even better at the complicated job of tracking
international use of music, while expanding our capabilities by
attracting top talent and building valuable partnerships with our music
rights counterparts worldwide."
The United States is by far the country where Canadian-created music is
played most, capturing 36 percent of the international share. After the
US, the countries generating the highest international earnings for
SOCAN-member created music include:
France, second, generating $6.7-million in royalties for Canadian music
creators, which can be attributed both to strong French-Canadian
SOCAN-member appeal and that country's strong cultural belief in the
legal and ethical use of music.
The United Kingdom, which continues to be a hotbed for Canadian musicians. Collections
totaling $5.4-million last year, followed by Brazil ($3.7-million) and Germany ($3.3-million).
The largest percentage increase on any foreign country is in Brazil, where royalties for SOCAN members are up 36 percent. Revenue generated
from Australia continues to increase, with an annual growth rate of nearly 8 percent.
In addition, the number of SOCAN-member songwriters, composers, and
music publishers receiving royalties from outside of Canada has more
than doubled in the last decade.
"Canadian music creators should be thought of as an international trade
success story," Saxberg added. "As the success of Canada's music
creators on the world stage continues to grow, we will continue to
foster international collective management relationships that benefit
our members, the music industry, and the Canadian economy overall."
Since Catharine Saxberg joined SOCAN in early 2014, the organization has
formalized its international strategy, increasing efforts to identify
and collect royalties from countries with which it has agreements, now
numbering more than 100 music rights organizations. SOCAN also
identifies and collects Canadian royalties on behalf of music creators
and publishers who are members of performing rights organizations from
around the world, forwarding those monies to the appropriate sister
SOCAN is a 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 130,000 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: "SOCAN sees increase in international royalties due to Canadian-made music being played more worldwide. (CNW Group/SOCAN)". Image available at: https://photos.newswire.ca/images/download/20150831_C9614_PHOTO_EN_44174.jpg
For further information:
Environics Communications (for SOCAN): McKenna Wild, 416-969-2774, firstname.lastname@example.org
SOCAN: Amal Yassir, 416-442-3838 Ext. 3747, YassirA@socan.ca.