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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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Executive of the Week: Justin West of Secret City Records on the Secrets of Independent Music Success​
FYI

Executive of the Week: Justin West of Secret City Records on the Secrets of Independent Music Success​

The man behind one of Canada's most successful indie labels talks about the late-blooming success of French-language streaming record-holder Patrick Watson, why he builds long-term relationships with artists, and why it's important for the indie sector to work together.

Justin West is a leader and advocate in Canada’s independent music scene, but he didn’t plan it out that way. When he started his record label Secret City Records in Montreal in the mid-2000s, it was out of necessity. He had met an artist he loved and wanted to build a career with, and the label was a means to do it. That artist was Patrick Watson, and 20 years later he — and Secret City — are more successful than ever.

West — a multiple time Billboard Canada Power Player – leads one of the biggest indie labels in Canada while also advocating for the sector on multiple boards both locally and internationally. When we speak to him for this Executive of the Week interview, he’s just returned from Banff for the National Summit on Artificial Intelligence and Culture, and is a central figure in discussions around the Online Streaming Act and collective negotiations with online streaming platforms.

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