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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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Business News

Ontario Raises Maximum Penalty for Illegal Ticket Resale to $25,000

Ontario Premier Doug Ford calls the move a "massive win" for fans in Ontario, after imposing a ban on the resale of tickets above face value in April.

The Ontario government is once again cracking down on the ticket resale market.

The Ford government has announced that it will be raising the maximum penalty for reselling tickets above face value from $10,000 to $25,000, more than doubling the fine. The change is meant to discourage businesses and individuals from violating recent legislation in the province that caps ticket resale at face value and will take effect on June 10, just ahead of the FIFA World Cup's arrival in Toronto.

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