Society of Composers, Authors and Music Publishers of Canada
The Society of Composers, Authors and Music Publishers of Canada (SOCAN) is a Canadian performance rights organisation that represents the performing rights of more than 135,000 songwriters, composers and music publishers. The organization collects licence fees through a music licensing program approved by the Copyright Board of Canada.[1]
History
SOCAN is a result of a merger that took place in 1990 between the composers, Authors and Publishers Association of Canada (CAPAC) and the Performing Rights Organization of Canada (PROCAN).[1]
In May 2016, SOCAN acquired the Seattle-based company Medianet Digital for an undisclosed amount; the organization planned to leverage the company's software and database of rights metadata to assist in the calculation and distribution of royalties for works on digital music streaming services.[2] In July 2016, SOCAN acquired Audiam, a U.S. startup created by TuneCore founder Jeff Price that specializes in managing the distribution of royalties for songs used on digital services such as YouTube, using a database of song recordings and metadata for identification.[3][4]
References
- ^ a b Andrew McIntosh (August 29, 2013). SOCAN.
{{cite book}}:|work=ignored (help) - ^ "SOCAN acquisition to help Canadian musicians collect royalties". The Globe and Mail. Retrieved 19 August 2016.
- ^ "Canada's SOCAN Acquires Digital Rights Firm Audiam". Billboard. Retrieved 19 August 2016.
- ^ "Audiam Raises $2M to 'Get People Paid' for Use of their Music on YouTube". Wall Street Journal. Retrieved 19 August 2016.
External links
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