Archive for the ‘Business’ Category

CRTC releases 2011 financial results for Canadian commercial radio stations

Tweet The Canadian Radio-television and Telecommunications Commission (CRTC) released statistical and financial information on the 669 commercial radio stations operating in Canada. Revenues for the broadcast year ended August 31, 2011, increased by approximately 4% over the previous year, demonstrating steady growth and continued confidence in an industry whose revenues are now back to pre-recession [...]

Canadian Recording Industry an Important Wealth Generator and Employer: Report

Tweet The Canadian Recording Industry makes a significant contribution to Canada’s economy with a vast majority of the activity taking place in Ontario, according to a new report by PwC for Music Canada. The analysis examines the spending of major and independent music companies in Canada and estimates their impact on the GDP as $240 [...]

SOCAN elects new Board of Directors

Tweet Some familiar faces and new faces are elected to SOCAN’s next Board The Society of Composers, Authors and Music Publishers of Canada (SOCAN) today announced the results of its Board of Directors election. The results were based on votes cast by SOCAN members (music writers and publishers) from April 10, 2012 – May 11, [...]

SOCAN Announces 2011 Financial Results

Tweet SOCAN members’ music shines in Canada and abroad as SOCAN sets a royalties distribution record of $262 million. The Society of Composers, Authors and Music Publishers of Canada (SOCAN) today announced its 2011 financial results, highlighting the further continuation of the positive trends observed in 2010: stronger collections and higher distributions to members. Total [...]