Baptiste reappointed as SOCAN CEO

TORONTO – SOCAN CEO Eric Baptiste was unanimously approved for a new five-year contract by the board of directors, extending his leadership position with the Canadian music industry's largest organization until 2021.Baptiste's reappointment comes after consecutive years of record royalties collected for and distributed to the organization's more than 130,000 songwriter, composer and music publisher members, with $300-million surpassed for the first time in SOCAN's history in 2014, reads the news release. These revenues, combined with record-low operating expenses of 9.5% in 2014, have placed SOCAN at the forefront of the world's performing rights organizations.Since Baptiste was named to the CEO...