Tag: collecting societies

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Socan launches its Dataclef global music-services platform

Canadian collecting society Socan had a big announcement yesterday: a new ‘global music services platform’ called Dataclef, which it says is aimed at other collecting societies as well as music rightsholders of all sizes....
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BMI distributions up 9.3% to $1.12bn in its last fiscal year

US collecting society BMI has published its latest numbers, for the organisation’s fiscal year which ended on 30 June. BMI says it collected $1.2bn in domestic and international royalties, as well as money from direct...
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SESAC row eases to take Music Modernization Act one step forward

Peace appears to have broken out after a heated row involving collecting societies and songwriting bodies in the US, over the Music Modernization Act (MMA). Songwriter bodies SONA and NSAI had strongly criticised Blackstone,...
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Canadian collecting society Socan acquires Sodrac

Socan is getting its wallet out again: this time the collecting society has closed its acquisition of fellow Canadian organisation Sodrac (the Society for Reproduction Rights of Authors, Composers and Publishers). Socan...
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Spotify study suggests $25.9bn global copyright value in 2016

Spotify’s director of economics Will Page has published his latest study on the ‘global value of music copyright’, for 2016. The research adds together label, publisher and collecting-society revenues, then adjusts...
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Australian collecting society calls for streaming quotas

Should music-streaming services be legally required to devote a certain percentage of their programmed-playlist slots to local artists? That’s the argument being made by Australian collecting society APRA AMCOS, in a submission...
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Report claims global publishers may pull out of SGAE

Spanish collecting society SGAE is facing a big problem in early 2019: the potential for some of the world’s biggest publishers to take their catalogues elsewhere. Warner/Chappell, Peermusic, Sony/ATV, Universal Publishing...
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Socan collected $352m to songwriters and publishers in 2017

Canadian collecting society Socan is the latest industry entity to reveal encouraging growth in 2017. It collected $352m in royalties for songwriters, composers and publishers last year, up 8% year-on-year which thus reflects...
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Ice says it has paid out €340m as it signs latest deal

Ice is the pan-European licensing hub set up by collecting societies PRS for Music, Stim and Gema, which claims a database of more than 32m songs, and representation for more than 290,000 rightsholders. The body announced...
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PRS for Music payouts grew by 14.7% in 2017 to set new record

British collecting society PRS for Music is the latest PRO to publish impressive numbers for 2017. Its revenues were up by 12.7% year-on-year to £717m (just over $1bn) while its payouts to members grew by 14.7% to £605.1m...
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After 2017 growth, Sacem boss talks YouTube, Facebook and blockchain

French collecting society Sacem has reported that in 2017, its collections from online surpassed those from physical music products for the first time. But both revenue sources are still behind that coming in from private-copying...
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German PRO GEMA reports 5% growth in revenues for 2017

German collecting society GEMA announced its latest financials yesterday, with its revenues growing by 5% to €1.07bn in 2017. The PRO also hailed the latest lowering in its costs – now down to 15% – despite continued...