Society of Composers, Authors and Music Publishers of Canada

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The Society of Composers, Authors and Music Publishers of Canada (SOCAN) is a Canadian performance rights organization that represents the performing rights of more than 135,000 songwriters, composers and music publishers. The organization collects license fees through a music licensing program approved by the Copyright Board of Canada. [1]

Contents

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]

Insurance

In 2013, Front Row Insurance Brokers Inc. initiated an online musical instrument insurance program for members of various Canadian music associations, including SOCAN. [5]

See also

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References

  1. 1 2 McIntosh, Andrew (August 29, 2013). SOCAN. The Canadian Encyclopedia .
  2. "SOCAN acquisition to help Canadian musicians collect royalties". The Globe and Mail. Retrieved 19 August 2016.
  3. "Canada's SOCAN Acquires Digital Rights Firm Audiam". Billboard . Retrieved 19 August 2016.
  4. "Audiam Raises $2M to 'Get People Paid' for Use of their Music on YouTube". The Wall Street Journal . Retrieved 19 August 2016.
  5. "Front Row Musical Instruments & Studio Liability Group Program | SOCAN".