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FYI

Canada's Creators Averaged $54 In Streaming Revenue Last Year

Call it the great upheaval. Tech companies are wiping out sustainable incomes for a great many creators who not long ago earned a fair return for their work.

Canada's Creators Averaged $54 In Streaming Revenue Last Year

By Nick Krewen


The top takeaway from the CISAC Global Collections Report released Thursday isn’t so much the amount of money collected over 2018, but the average payout that Canadian creators receive for digital revenue.

$54.

That’s right. Despite the fact that Canadian collections were up 3.9% year-on-year, totaling C$364M, and registered a 23.6% increase in digital revenue over 2017, the International Confederation of Societies of Authors and Composers (CISAC), which unites 239 collective management organizations in 122 countries and represents 4M creators in audiovisual, dramatic, literature, music and visual arts disciplines, SOCAN members took in $54 from digital resources.

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While radio and TV broadcasters accounted for 53.8% of total collections, both mediums registered a 1% drop, with reprography (-7.6%), synchronization (-19.3%), and private copying (-69.2%) also offering diminishing returns.

Private copying revenues, in particular, have shrunk, from $4.9M in 2013 to $0.6M in 2018.

Overall, music accounted for 88% of the total collection, or $12.39B.

Other intriguing CISAC findings: Canada ranks 7th in global collections for music with a 2.8% share, but is places 5th by percentage share accounted for in digital music – 30.9%.

The surprise regarding the No. 5 ranking:  the top countries in the categories are Mexico (with a 48.9% digital music share), Sweden (42.8%), Australasia (36.6%), and South Korea (34.8%).

At least we’re beating the States at something.

The other notable aspect of the CISAC Report is the acknowledgment of the April 2019 adoption of the European Copyright Directive.

If passed into legislation by members of the European Union, the Directive would, according to CISAC president Jean-Michel Jarre, "build a fairer balance between creators and the tech platforms" in terms of remuneration. 

You can bet this will be watched closely by everyone.

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Jonathan Simkin, president and co-founder of 604 Records
Rafal Gerszak

Jonathan Simkin, president and co-founder of 604 Records

Podcasts

604 Records Co-Founder Jonathan Simkin Launches 'I Hate Simkin' Podcast

The new podcast from the 604 Records co-founder and president will tell inside stories of the Canadian music industry. The first episode, called 'Why Nickelback Got Hate for Being Too Popular,' featuring Nickelback member Mike Kroeger, is out now.

It's no secret that Jonathan Simkin is outspoken, and now he has a new megaphone.

The president and co-founder of 604 Records launched a brand new podcast last week (May 16) titled I Hate Simkin. The podcast will tell inside stories of the music industry and feature conversations with influential artists and figures who have helped shape the Canadian music industry over the last 25 years.

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