SOCAN in Canada and PPL in the UK are the latest collecting societies to publish figures on the payouts they are making to members.
SOCAN announced that its collections for 2021 are expected to be more than C$416m ($332.2m), up 3% year-on-year despite the Covid-19 headwinds. However, the society delivered a warning over streaming income, saying that the average writer member who earned royalties in 2021 only garnered $67.14 from domestic digital music services.
Meanwhile, UK society PPL paid out £26.3m ($34.5m) of international revenue to its performers and recording rightsholders in its Q1 2022 distribution. That’s payments from other PROs around the world. However, it is also a year-on-year decline, as its Q1 2021 payment of international revenue was £28.1m. That hints at the ongoing pressures caused by the pandemic for performance rights collections, as businesses and live music alike got back up and running at varying rates around the world.
Tools: platforms to help you reach new audiences
Tools :: Wyng
Through Music Ally’s internal marketing campaign tracking, we’ve recently discovered an interesting website by the…