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FYI

FACTOR Pumps More Than $20M Into Music Biz

FACTOR, the Foundation Assisting Canadian Talent on Recordings, has published its 36th annual report that transparently details how its budget of $20-million has been spent in fiscal 201

FACTOR Pumps More Than $20M Into Music Biz

By FYI Staff

FACTOR, the Foundation Assisting Canadian Talent on Recordings, has published its 36th annual report that transparently details how its budget of $20-million has been spent in fiscal 2017-2018.


Launched in 1982 with a budget of $200K, the not-for-profit has become the lynchpin as the domestic music industry’s capital bank, co-funded by private radio broadcasters and the Department of Heritage--and operating with a staff of 20 and an overhead of 12.5% that has been maintained for the past seven years.

The annual broadcast contributions received a bump up in May of last year thanks to an Order in Council that exacted additional funding requirements from Bell, Rogers and Corus.

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Highlights from the report include:

  • In the 2017-18 fiscal year, FACTOR provided $20,511,597 in funding to a total of 3,082 projects across all programs.

  • $4,423,841 in funding towards the creation of 629 new sound recordings.

  • 1,083 successful Tours and Showcases both domestic and internationally.

  • 203 videos funded by FACTOR across all programs, for a total of $1,058,734.

  • $1,170,565 in Industry Support through the Business Development and Business Travel programs.

  • $4,431,504 to 122 Collective Initiatives projects this year and $324,400 to 62 Sponsorship projects.

Below are several tables illuminating where funds have been directed and the annual report can be downloaded in full here.

 

 

 

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Blue Rodeo at The Kee To Bala.
Courtesy Photo

Blue Rodeo at The Kee To Bala.

Concerts

Nelly, Cypress Hill, Billy Talent, The Beaches Highlight Muskoka Venue The KEE To Bala's  2025 Lineup

A musically diverse group of major international and Canadian stars will take to the historic stage in Ontario cottage country this summer, including Billy Corgan, Shaggy, The Reklaws, Down With Webster and more.

A historic and popular music venue in the Muskoka cottage country region of Ontario for the past eight decades, The KEE To Bala was taken over by Live Nation in 2023, and the clout of the international concert behemoth has upped the ante.

That's evident in the bookings. Today (May 5), this season's lineup was announced, and it again features major international and Canadian artists as headliners. Heading the international names are R&B superstar Nelly, fast-rising young American country star Dylan Gossett, alt-rockers Billy Corgan and The Machines of God with Collective Soul, reggae hitmaker Shaggy, rock veterans The Wallflowers and hip-hop stars Cypress Hill & Ja Rule.

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