Fairness Rocks News SESAC acquires royalty collection platform Audiam from SOCAN


Fairness Rocks News SESAC acquires royalty collection platform Audiam from SOCAN

Home Industry News SESAC acquires royalty collection platform Audiam from SOCAN

Author: Tim Ingham

Date: August 19, 2021

Original Source: Music Business Worldwide

Industry News

SESAC acquires royalty collection platform Audiam from SOCAN

SESAC, the US-headquartered Performing Rights Organization, has majority-acquired streaming royalties collection agency Audiam.

A controlling stake in Audiam has been sold to SESAC for an undisclosed fee by Canadian licensing society SOCAN.

SOCAN itself acquired Audiam in 2016 from the company’s founder, Jeff Price. Price continued to work at Audiam following that sale, but exited the company last year.

Read More: https://www.musicbusinessworldwide.com/sesac-acquires-royalty-collection-platform-audiam-from-socan/