Tag: collecting societies
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....
October 23, 2018
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...
September 13, 2018
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,...
August 3, 2018
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...
August 1, 2018
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...
July 24, 2018
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...
July 17, 2018
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...
July 4, 2018
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...
June 21, 2018
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...
May 24, 2018
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...
April 23, 2018
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...
April 17, 2018