New agreement lets SOCAN members collect more for music on YouTube

TORONTO - The Society of Composers, Authors and Music Publishers of Canada (SOCAN) has inked a new agreement that makes it easier for members to receive additional money from the use of their music in any videos posted to YouTube. The new deal between SOCAN and Audiam complements SOCAN's more traditional Canadian licensing agreement with YouTube, generating additional YouTube income for creators and publishers affiliated with SOCAN, securing them an even larger portion of YouTube revenues. This multipronged approach is consistent with SOCAN's view that in today's digital and borderless world, collective rights management organizations should explore innovative ways to...