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FYI

Luminate Data Market Watch Facts & Figures: November 9th, 2023

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday.

Luminate Data Market Watch Facts & Figures: November 9th, 2023

By External Source

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday. The abbreviation "TEA" is a term used to describe the sale of music downloads or singles. A track equivalent album is equal to 10 tracks, or 10 songs.


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Canadian Musical Reproduction Rights Agency (CMRRA) Distributed $96 Million In Royalties to Publishers and Songwriters In 2024
Photo by Soundtrap on Unsplash
Publishing

Canadian Musical Reproduction Rights Agency (CMRRA) Distributed $96 Million In Royalties to Publishers and Songwriters In 2024

The music royalties agency, which is celebrating 50 years in 2025, saw a 23% increase in distributions from 2023, led by growth in streaming and TikTok.

One of Canada's leading royalty agencies saw a marked increase in 2024 distributions.

The Canadian Musical Reproduction Rights Agency (CMRRA) distributed $96 million in royalties to publishers and self-published songwriters last year. That marks a 23% increase from 2023, with streaming leading the way in growth at 38%.

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