Radio / Television News

SOCAN buys digital rights organization Audiam


TORONTO and NEW YORK - The Society of Composers, Authors and Music Publishers of Canada (SOCAN) has acquired digital rights organization Audiam, a deal that it says will enable it to better collect performing rights royalties on digital rights platforms like YouTube.  Financial terms of the deal were not disclosed.Founded in 2013 by former TuneCore execs Jeff Price and David Willen, Audiam uses innovative technology and business processes to identify the use of music and correct data on digital services including Spotify, Apple Music, YouTube, Google Play in order to accurately compensate rights-holders.The performing rights organization said that the acquisition...