Canadian collective management organisations SOCAN and RE:SOUND have disclosed that they have signed over 3,300 businesses using music and collected jointly CA$5 million in music-licensing revenue since they launched their joint venture Entandem in July 2019.
Entandem delivers joint licenses covering the compositions represented by SOCAN on behalf of songwriters, composers and music publishers, and the recordings, represented by RE:SOUND on behalf of record labels and performers.
The two societies said the early successes of their JV have demonstrated "its effectiveness in making it convenient for Canadian businesses to use music ethically, legally, and responsibly, while ensuring the creators and owners of the music receive fair compensation for the use of their valuable work."
A positive development
Entandem is a not-for-profit entity co-owned by SOCAN and RE:SOUND. It is headquartered in Toronto with a branch office in Montréal, and employs 35 full-time staffers. Entandem provides music licenses in a single transaction. It mirrors the similar joint venture in the UK between PRS for Music and PPL to issue single music licenses.
"The businesses we work with clearly appreciate the convenience of completing both RE:SOUND and SOCAN music licenses at once," said Entandem Licensing director Amadou Tall. "Not only is this great for business, it's a positive development for rights holders. The fair royalties they have earned allow them to maintain and build their careers and keep bringing us the music we love."
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