Canadian music licensing and collection society SOCAN says it saw revenues rise for a seventh year in 2017, up 7% to CAN $352m (US $265m). Pay-outs to its now 150,000 music creator and publisher members rose CAN $6m (US $5m) to reach a record CAN $295m (US $222m).
Source: SOCAN revenues grew 7% in 2017 as it paid out over $220m to songwriters and publishers