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Does SOCAN issue advance royalty payments to members?

April 26, 2017ISSUE members PAYMENTS Royalty socan

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Does SOCAN issue advance royalty payments to members?

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Yes. SOCAN does offer advances to qualifying members upon request. Advances are based on a consideration of past earnings of a member s catalogue. The amount issued is expected to be recouped by the member over the following two distribution quarters. Interest will accrue if the advance is not recouped within one year.