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Toronto, February 5, 2018 – SOCAN has reinforced its digital reproduction rights business with Audiam’s launch of Layla, a unique music royalty income and tracking system specifically and only for Audiam clients.
When SOCAN acquired New York-based Audiam in July 2016, it added a state-of-the-art North American digital reproduction rights capability to its well-established Canadian Performing Rights activities, as Audiam’s offerings go far beyond the identification and administration of copyright music used in YouTube videos. Since that time, Audiam has steadily increased business, building and acquiring proprietary technology tools for music publishers with the goal to become the world’s leading digital reproduction rights agency.
With Layla, music publishers and self-published songwriters who are Audiam clients now have a system to track who is recording their songs, where they’re being listened to, how many times they’re streamed, how much each stream generates, what recordings are not being paid on and more.
Layla is an easy-to-use and customizable income tracking system online for Audiam clients to benefit from an overview of all reproduction royalty-generating compositions with the ability to view detailed information of what a composition earned on a specific streaming service, the number of streams and the exact royalty rate that each music service paid.
In addition, the system lets users view monetized YouTube videos and the exact reproduction royalty rate, along with the ability to view and hear a comprehensive list of every recording of a musical work, including those they previously did not know about.
“Audiam’s Layla not only displays massive amounts of data in easy to understand ways, but also analyzes and assures that the data is accurate,” said Audiam CEO Jeff Price. “It removes guesswork and simplifies administration, identifying and recovering earned but unpaid mechanical royalties and ensures publishers and songwriters get paid quickly and efficiently for every fraction of a penny earned.”
SOCAN administers performing rights royalties for music creators and publishers only in Canada. “Performances” of music include radio play, live events, digital streaming and use of music in audio-visual works. “Reproduction,” or “mechanical,” rights comprise the use of copyright musical compositions as permanent digital downloads; interactive streams; and on CDs, records, and tapes.
Publishers and rights holders interested in working with Audiam for their U.S. or Canadian digital reproduction rights should contact email@example.com
SOCAN connects more than four-million music creators worldwide and more than a quarter-million businesses and individuals in Canada. Nearly 150,000 songwriters, composers and music publishers are its direct members, and more than 130,000 organizations are Licensed To Play music across Canada. With a concerted use of progressive technology and a commitment to lead the global transformation of music rights, with wholly-owned companies Audiam and MediaNet, SOCAN is dedicated to upholding the fundamental truths that music has value and music creators and publishers deserve fair compensation for their work.
Audiam is a US based Reproduction Rights collection Agency for the United States and Canada. It works for music publishers and songwriters to exclusively license their songs and collect and distribute royalties generated from US and Canadian interactive streaming digital services such as Spotify, Apple Music, Google Play and more. Audiam exclusively represents and/or works for the music publishing catalogs of Bob Dylan, Metallica, Jason Mraz, Red Hot Chili Peppers, Jimmy Buffet, SonyATV, Round Hill/Carlin Music Publishing, Third Side Music Publishing, Clear Box Rights, Rough Trade Music Publishing, Songwriters Guild of America, Victory, Epitaph, and Sumerian and thousands more and represents over 400,000 compositions for streaming rights. Audiam has been in operation in the U.S. for five years. It was created and funded in part by a consortium of artists and songwriters (Jason Mraz, Jimmy Buffet, Metallica, Red Hot Chili Peppers); music business management firms (GSO Business Group, Provident Financial management); music managers (Q Prime); labels (Victory Records) and Jeff Price, Founder and former CEO of TuneCore. Audiam was acquired by SOCAN in July 2016. www.audiam.com