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Victoria Banks Reflects On Her Survival...And Success

I feel a bit like a survivor who is holding on somehow despite the odds. When I signed my first deal in 1998, royalty streams were alive and well.

Victoria Banks Reflects On Her Survival...And Success

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I feel a bit like a survivor who is holding on somehow despite the odds. When I signed my first deal in 1998, royalty streams were alive and well. I have seen the decline of record sales and the rise of streaming basically obliterate all other income streams except radio play for commercial songwriters.


There are now only 400 people doing what I do professionally in Nashville when there were 4000 twenty years ago.

I’ve also had to deal with the lack of radio play for female artists in the country genre. Even though I naturally gravitate toward writing from a female perspective, I have had to learn to focus primarily on writing with and for male artists in order to stay marketable.

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--- Victoria Banks, Songwriters Association of Canada

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Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy
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Streaming

Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy

As the U.S. government and major online streamers like Spotify and Apple Music push back against the so-called "streaming tax," the Canadian federal government will make its own investment to "provide stability and immediate support to Canada’s audio and audiovisual sectors."

The Canadian government is stepping in to support Canadian music and media amidst debates around the Online Streaming Act.

This morning (June 3), the government announced that it will offer immediate financial support for music, audio and audiovisual media with a $600 million yearly investment. The release says funding will "provide stability and immediate support to Canada’s audio and audiovisual sectors and keep our culture accessible and affordable for all Canadians."

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