The global music industry released its annual report this week with data that shows an industry successfully transitioning to digital services. The Canadian market is particularly strong as revenue growth far exceeds global averages. Despite the success, behind the scenes the industry is calling on the government to implement radical copyright reforms that include creating new levies to cover smartphones, requiring Internet providers to block services and report activity back to the industry, and even the power to require renegotiation of commercial deals it no longer thinks are fair.
Post Tagged with: "ifpi"
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Music Canada Data Confirms Huge Increase in Streaming Revenues and Sharp Decline of Music Listening from Pirated Sources
Music Canada released a report on the so-called Value Gap last month which serves as the basis for its lobbying campaign for copyright reform in Canada. The industry lobby group has used the value gap rhetoric primarily as an argument to undo safe harbours for Internet intermediaries. As I noted earlier this year, the argument is poor fit in Canada. First, Canada has experienced massive growth of Internet streaming revenues, with the Canadian music market outpacing global competitors by almost any metric and revenues going to both the industry and creators.
Yesterday I posted on SOCAN generating a 10X increase in Internet streaming revenues with growth rates of over 100 per cent over the past year for songwriters, composers, and music publishers. The industry numbers from Music Canada and IFPI tell a similar story. According to industry data, the Canadian music market is growing much faster than the world average (12.8 per cent in 2016 vs. 5.9 per cent globally), streaming revenues more than doubled last year to US$127.9 million (up from US$49.82 million) growing far faster than the world average of 60.4 per cent, the Canadian digital share of revenues of 63 per cent is far above the global average of 50 per cent, and Canada has leaped past Australia to become the 6th largest music market in the world. In fact, as the chart below indicates, the growth of streaming revenues in Canada since the 2012 copyright reforms has increased significantly year-after-year with growth rates for the industry and collectives mirroring each other.
IFPI: Bill C-32 Doesn’t Go Far Enough
The IFPI, which is the global recording industry association, has provided its first take on Bill C-32 and is unsurprisingly looking for more. While it welcomes the digital lock provisions, the IFPI says the bill doesn't go far enough, presumably a reference to the absence of three strikes and you're […]
Piracy Haven Label Case of Rhetoric Over Reality
In the wake of recent reports exposing the activities of former MP Rahim Jaffer, lobbying has been the talk of Ottawa for the past month. The incident has had an immediate impact on lobbying regulations, with the Conservatives and Liberals jostling over who can introduce tougher disclosure measures. The changes may plug a few loopholes, yet the reality is that lobbying efforts are not always the subject of secretive meetings with high-level officials.
My weekly technology law column (Toronto Star version, homepage version) considers the intensive lobbying effort on promised intellectual property reform. In recent weeks, those efforts have escalated dramatically, with most activities taking place in plain view. Scarcely a week goes by without a major event occurring – last week it was a reception sponsored by the Canadian Private Copying Collective, the week before an event hosted by the Entertainment Software Association of Canada, and the week before that the Juno Awards attended by several cabinet ministers and MPs.
Even more open is the public campaign designed to persuade Canadians that their country is a piracy haven. Late last month, the IFPI, which represents the global recording industry, released its annual Recording Industry in Numbers report that tracks global record sales. The report targeted two countries – Canada and Spain – for declining sales and linked those declines to copyright law. Not coincidentally, both countries are currently working on legal reforms.
IFPI Calls Out The Wrong Country
The IFPI, the global RIAA, this week released its annual Recording Industry in Numbers report that tracks global record sales. In its release, it chose to target two countries – Canada and Spain – for declining sales and linked those declines to copyright law. As it no doubt intended, the […]
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