Canadian Rights Group SOCAN Signs Transatlantic Deal With SACEM
Canadian songwriters, composers and publishers should see greater transparency in how their royalties are tracked and processed across Europe following a new agreement between SOCAN, the Society of Composers Authors & Music Publishers of Canada, and French authors’ rights society SACEM.
With the deal, announced Friday, SOCAN and its 135,000 members will be able to participate in large pan-European deals with digital service providers. The partnership entrusts SACEM to represent the European licensing and sales-processing for SOCAN, providing a single point of collection across the continent.
SACEM already represents 157,000 creators and publishers through pre-existing mandates.
"This agreement means that SOCAN's more than 135,000 members will benefit greatly from further improved tracking of royalties in the burgeoning European music market,” SOCAN CEO Eric Baptiste said in a statement. “Thanks to this partnership, we look forward to bringing even better returns for Canada's songwriters, composers and music publishers, allowing us to participate even more deeply in the emerging global marketplace."
Jean-Noël Tronc, CEO of SACEM, added that the deal “illustrates our commitment to improve efficiency in the digital environment for fair and transparent online revenues to songwriters, composers and music publishers.”
It's the third major deal of the week for the Canadian organization. On May 31, it announced the launch of an application programming interface (API) -- a type of "code package" that allows apps to pull and exchange information -- writing that the intitiative would "enable songwriters and music publishers to easily register their concerts with SOCAN to get paid faster and more accurately for their live performances."
Earlier this week, the French rights society and Universal Music Publishing International announced a new licensing deal to bring UMPI’s and SACEM’s Anglo-American catalog to SoundCloud.