Canadian songwriters made on average $67 in royalties from digital platforms in 2021
OTTAWA — The body representing Canada’s songwriters and composers has revealed that on average musicians writing their own material earned only $67 last year in royalties from domestic streaming services.
SOCAN, which collects the royalties of musicians including Drake, Joni Mitchell and Down with Webster, said that overall Canadians gained record royalties from streaming platforms last year.
The not-for-profit body collects payments from radio stations, TV stations and digital platforms including Spotify, YouTube and streaming services. It said in a new financial report that for the first time in its history, collections for licensed music are expected to exceed $416 million a year. Those figures will be confirmed in an annual report in June.
Despite a boost from the pandemic that led more people to stream music at home rather than going out, Canadian songwriters represented by SOCAN earned an average of just $67.14 in royalties from Canadian digital streaming services in 2021.