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FYI

Nielsen Market Watch Facts & Figures: Nov 14th, 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: Nov 14th, 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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Streaming Platforms Like Spotify Will Be Required to Pay Into Canadian Content Funds
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Streaming

Streaming Platforms Like Spotify Will Be Required to Pay Into Canadian Content Funds

As the Online Streaming Act is implemented, streaming services with over $25 million in annual revenue and no connection to a Canadian broadcaster will have to pay 5% of those revenues as base contributions, generating an estimated $200 million in funding for "areas of immediate need," according to the CRTC.

The Canadian government has made a major announcement about the implementation of the Online Streaming Act, with implications for artists and music companies at home and abroad.

The CRTC (Canadian Radio-television and Telecommunications Commission) revealed today that foreign streaming services with significant revenues will have to make base contributions to Canadian content. Streaming companies with no affiliation to Canadian broadcasters and over $25 million in annual contributions revenues will have to pay 5% of those revenues into specified funds.

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