Socan reports record revenues but highlights songwriter payouts
2017 was a good year for Canadian collecting society Socan, which has reported record revenues and distributions to its membership. The society’s performing-rights revenues grew by 6.4% to more than $350m in 2017, with...
February 1, 2018
Mash-ups and mixes startup Dubset Media raises $4m
Dubset Media has closed a $4m Series A funding round to continue building its business licensing remixes and mash-ups for distribution on music-streaming services. Boston-based VC firm Cue Ball Capital led the round, with...
February 28, 2017
Dot Blockchain partners with SOCAN, Songtrust and more
Startup Dot Blockchain launched the alpha version of its ‘minimum viable product’ to apply blockchain technology to music last year. Now it has announced four deals with music industry companies to further its ambitions. Canadian...
February 2, 2017
SoundExchange and SOCAN payouts set records in 2016
Figures for 2016 are coming in thick and fast, with US performance-royalties body SoundExchange and Canadian collecting society SOCAN both announcing their payout stats yesterday. SoundExchange saw its payouts grow by...
February 1, 2017
And the winners of the Music Ally Digital Music Awards 2016 are…
From The 1975 and Run the Jewels to Dot Blockchain and Dice, tonight’s Music Ally Digital Music Awards showcased some of the most inventive artists, startups and people in the digital world. Our second awards were held...
October 26, 2016
SOCAN and Audiam talk tech, streaming and 21st-century PROs
Last week, Canadian performance rights body SOCAN announced that it was buying digital distributor Audiam, two months after it bought B2B firm MediaNet. It’s unusual to see a PRO acquiring a music/tech company, let alone...
July 26, 2016
SOCAN buys digital distributor Audiam
Canadian PRO SOCAN is on an acquisitions roll. Having bought B2B firm MediaNet in May, now it has acquired digital distributor Audiam as well.
July 21, 2016
SOCAN reports record figures for Canadian creators in 2015
Canadian collecting society SOCAN has reported its financials for 2015, including record royalties paid out to songwriters and publishers. The society brought in $307.8m of total royalties, distributing more than $276.2m...
June 14, 2016
PRS ‘disappointed’ at Global Repertoire Database collapse
The ambitious Global Repertoire Database (GRD) project to aggregate information about songs from collecting societies and publishers collapsed last week, despite participants having invested £8m in getting it up and running....
July 11, 2014