The stakeholders stack in two piles: big business, and creative artist collectives. In the first is anyone who relies on the use of music as part of their business activity. In the other, an alphabet soup of organizations with indecipherable acronyms that fall into three distinct bodies: Re: Sound, SOCAN, and the CMRRA.
Last week a collaborative step to create uniform reporting was announced between Bell Media’s 100-plus terrestrial radio stations, rights collective Re:Sound, and Music Canada. It's a big deal, and we explain why.
The new system will help to ensure better data is relayed to Re:Sound, resulting in better royalty accounting available to recording artists, background performers, session musicians and record labels for airplay on Bell Media’s 100+ radio stations in 54 markets across Canada.
The organization licensed 3000 new businesses and collected more than 17,000 payments. The rights collections agency also processed over 100M sound performance plays in the year.
The music biz never comes up short when it comes to raising funds for charitable endeavours, and closest to the heart is the Unison Benevelolent Fund that provides support to its own in times of distress.
Re:Sound and SOCAN have been quietly working to simplify licensing for businesses by creating a one-stop online portal.