… SOCAN CEO Eric Baptiste was cho-
sen as one of Billboard’s 53 International
Power Players for 2017. The list names
the executives “driving industry success
outside the United States.” He was the
only Canadian on the list.
The magazine notes that “Baptiste
reported record results for the Canadi-
an performing rights organization for
2016 with collections of Canadian $330
million ($244.8 million). He also has
guided SOCAN’s acquisition of the U.S.
copyright-administration companies
Audiam and MediaNet, which ‘provide
us with technology and data that very
few [PROs] around the world match.’”
ECMA Giving Free Membership to Atlantic
MIA Members
Beginning on July 1, 2017, the East Coast Music Association (ECMA) will offer free member-
ships to existing members of all five music industry associations (MIAs) in the Atlantic region
– the Cape Breton Music Industry Cooperative, Musique/Music NB, Music NL, Music Nova
Scotia, and Music PEI.
MIA members should have received notification from their regional MIA on July 1, 2017
prompting them to register for free ECMA memberships. Current ECMA members who
received a discounted membership as an MIA member will be automatically switched to a
free membership.
For more information, contact Chantal Caissie, ECMA artist and member relations manag-
er, at [email protected] or go to www.ecma.com.
follow the
MONEY...
SOCAN Confirms
Record Financial
Results for 2016
SOCAN has announced final financial
results for its fiscal year ending Dec. 31,
2016, reporting that it has achieved new
highs on many fronts, collecting $330
million in total domestic and internation-
al royalties from the performances of the
music of its nearly 150,000 songwriter,
composer, and music publisher members.
More than $289 million in combined
domestic and international royalties
were distributed to SOCAN members, an
increase of five per cent over 2015. Roy-
alties from outside of Ca nada increased
to $67 million. Internet music streaming
revenues jumped 118 per cent over the
previous year, bringing in a total of $33.8
million.
Nearly 4,500 music-using businesses
became “Licensed to Play” with SOCAN
in 2016. SOCAN also added more than
6,500 songwriters, composers and music
publishers as members last year.
For full financial statements and a
complete overview of 2016, go to
www.socanannualreport.ca.
W W W. C A N A D I A N M U S I C I A N . CO M
C A N A D I A N M U S I C I A N • 13