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Canadian Live Music Is Outperforming

socan [1]With many Canadian bands and artists shining on the worldwide stage, live music in Canada is making a growing contribution to Canada’s economy and, based on data collected and analyzed by¬†SOCAN [2] – the Society of Composers, Authors and Music Publishers of Canada – the trend is likely to continue. Where revenues from sound recordings have been declining in recent years, the income streams flowing to music creators and publishers from performing rights (TV, Cable, radio, live shows etc.) has continued to grow.

“We analyzed revenues generated from live music performances, and we’re pleased to report that our members are continuing to gain more than ever from concerts,” said Jennifer Brown, vice president, Licensing at SOCAN. “We’ve seen year-over-year growth in 2012 of 14 per cent in concert revenue, helped by major artists playing the Canadian circuit.”Concert Royalties (Image: SOCAN) [3]

In 2012, SOCAN distributions from concerts and live entertainment totaled $20.9-million. Growth in revenues has been steady for the last couple of years, as music creators increasingly rely on live performances as a revenue source.

“As a performing songwriter, concerts and live performance are essential to my livelihood,” said Ian D’Sa, songwriter, guitarist and singer with the Canadian band, Billy Talent. “It’s great data that supports what I have suspected: that there is more live music in more places at more times than perhaps ever before in Canada.”

The data collected shows that:

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1 Comment To "Canadian Live Music Is Outperforming"

#1 Comment By Tami Quiring (@VillageGamer) On Wednesday March 20, 2013 @ 3:37 am

.@SocanMusic Report: Canadian Live Music Is Outperforming [8]