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SOCAN Financial Data Highlights How Internet Music Streaming is Paying Off for Creators - Michael Geist
Music industry lobby groups may frequently seek to equate the Internet with lost revenues, but an examination of financial data from one of Canada's largest music copyright collectives demonstrates massive growth in earnings arising from Internet streaming including major services such as Youtube and Apple Music. While many collectives do not publicly disclose their revenues, SOCAN, which represents composers, songwriters, and music publishers, provides a detailed breakdown of revenues and distributions in its annual report.