Canadian Musician

Archive for May, 2017

YouTube: Friend or Foe of the Music Industry?

Tuesday, May 9th, 2017

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This article originally appeared in the May/June 2017 issue of Canadian Musician magazine.   

By Michael Raine

Two related themes have dominated music industry discussions and reporting over the last couple of years. From industry conferences at Canadian Music Week and South by Southwest to reports by the BBC and New York Times, there has been jubilation over revenue growth. Subscription streaming services like Spotify are credited with fueling a 5.9 per cent worldwide growth for the recorded music industry in 2016, which is the largest year-over-year increase since IFPI began tracking the market. In Canada, the growth was even more dramatic at 14.8 per cent thanks to streaming revenues more than doubling. On the flip side, though, is fretting and even outright anger over the paltry royalties the largest online service, YouTube, pays music rights holders.

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SOCAN Is Begging You: Please Collect Your Live Performance Royalties

Monday, May 8th, 2017

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This article originally appeared in the May/June 2017 issue of Canadian Musician.

By Michael Raine

It seems like a source of great frustration at SOCAN that many songwriters are not bothering to collect their live performance royalties. While most songwriters know SOCAN collects and distributes their performance royalties for radio, TV/film, and online use, many seem to be ignoring their most likely source of SOCAN royalties: concerts. Maybe they don’t know this revenue stream is available to them, or maybe they don’t think it’s worth the hassle. Either way, money is being left on the table.

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