SOCAN is one of the most transparent performing rights organizations in the world. As always, we strive to provide access to the information that our stakeholders want and need to know, clearly, concisely and collaboratively.
Whether it’s a member’s ability to see which radio stations played their song and how much each of those plays earned, a licensed music user’s ability to find out how much their licence fee will be for playing background music in their business, or anybody’s ability to read our annual financial statement online, SOCAN makes it very easy to see what we’re doing and how we do it.
And the more information we share, the more our members and licensees will know; and with better relationships and mutual engagement, the quality of our work together becomes even better.
Exactly how are we transparent?
- SOCAN members are able to drill down in their online royalty statements to view their earnings right down to the TV or radio station level, so they can find out exactly where their music was played.
- We provide an online royalty calculator that allows members to determine what their potential performance royalties might be, based on the use of the music.
- SOCAN provides an online unidentified performances list, so that members who haven’t filed a set list for a given show can find it and provide the details that will get them their royalties. Similarly, we regularly appeal to members who’ve played a concert without a set list.
- SOCAN provides a preview of royalties for the next payment date, including a “view with availability” feature.
- Members and licensees can ask a query online, which we not only answer, but also provide a “query status” that can be viewed online so questioners know at what point their question is in the answering process.
- We provide our members with an explanation, in plain language, of the distribution rules that govern royalty payments. The rules explain exactly where the revenue is coming from, and how the performances are calculated. Neither ASCAP nor BMI provide this level of detail.
- We live-stream our annual general meeting, so that SOCAN members can attend online, and even ask questions via e-mail from anywhere with secure Internet service.
SOCAN is the only PRO in the world to offer all of these services to its more than 125,000 member songwriters, composers, lyricists, film & TV scorers and music publishers.
SOCAN is also the only PRO to provide its licensees with an online license fee calculator tool that allows them to determine what their potential licence fees might be, based on how they’re using the music.
Other services that we provide to our licensees in the name of transparency include:
- An online summary that explains most tariffs/music uses to licensees in plain language, and provides examples of how to calculate their licence fee. (Apple Corp. has told us we are by far the best at this.) This includes media and new media (i.e., digital, online) music uses.
- Report forms, that licensees can complete, which will calculate their licence fee based on the tariff/music use criteria. Once again, this includes media and new media (i.e., digital, online) music uses.
- SOCAN Licensees that login to the secure Licensing section of socan.ca (eSOCAN), can access their historical statements, their reports that have been submitted online, and their records of online payment.
- Information on other music rights organizations, and the differences between the various types of musical rights.
- We publish an audited financial statement every year at socan.ca.
- We provide detailed biographies online of our executives and our Board of Directors on socan.ca, and also list all of our Board committees.
- SOCAN prides itself on a policy of access and open communication with news media, with whom we’re ready and willing to discuss even the most sensitive topics.
- Our blog (socanblog.ca) and social media (SOCANmusic) are open forums for comment.
We hope it’s as clear to you as it is to us: there’s no more transparent performing rights organization in the world than SOCAN.