SOCAN is pleased and proud to report that our first new royalty distributions for music used in TV commercials will go out as part of our November 2022 distribution payout, covering the first quarter of 2022.
We’ve partnered with global music data specialists BMAT to monitor, track, and match commercial performances to audio files for 30 Canadian television and cable stations, as approved by the SOCAN Board of Directors:
Monitoring began on Jan. 1, 2022, and performances will be paid out – starting in the November 2022 distribution payout – for identified usage between Jan. 1 and Mar. 31, 2022, on the 17 stations highlighted in yellow above. Identified usage during the same time period, on the remaining 13 stations, will be included as part of our February 2023 distribution payout.
The music used in TV commercials will receive five percent of the credit of a feature performance. Royalties for music used in TV commercials will come from our existing TV & Cable licensing collection pools. Commercial payouts will appear on statements under the Series Title “COMMERCIALS,” with the title of the commercial / product listed under Episode and the usage identified as L (Logo).