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FYI

Nielsen Market Watch Facts & Figures: Aug 15th, 2019

Here is this week's Nielsen 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.

Nielsen Market Watch Facts & Figures: Aug 15th, 2019

By External Source

Here is this week's Nielsen 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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Business News

SOCAN Reaches New Revenue Record of $587 Million in 2025

The licensing and royalties organization revealed its annual financial results, saying it also distributed $511.9 million to Canadian rightsholders last year. Sharing the results, the organization highlights the importance of supporting Canadian creators amidst the rise of generative AI.

SOCAN is reporting another record high for revenue distribution.

In its annual financial report, the Canadian rights organization that collects and distributes publishing royalties for musicians and rights-holders, shares that its collected revenue grew to $587 million last year, with $511.9 million being distributed to writers and publishers — a 5% increase from 2024.

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