Subjects: ECO, FOR, SBS
Statement - Music publishers support Joly's Creative Canada export vision
OTTAWA, Sept. 28, 2017 /CNW/ - Margaret McGuffin, executive director of the Canadian Music Publishers Association, made the statement below following Canadian Heritage Minister Mélanie Joly's speech outlining the government's Creative Canada Policy Framework today at an Economic Club luncheon.
"Music publishers and songwriters are very excited about Minister Joly's vision for an expanded export strategy for Canada's cultural sector. The $125-million in new funding over five years for a Creative Export Strategy will go a long way to help the small- and medium-sized businesses in the Canadian music publishing industry. Our sector has recently grown to $282 million.
"Export has clearly been a driver of the overall growth in the industry with a study showing that 73 per cent of those revenues are from foreign sources. This represents a complete reversal of the ratio of domestic to foreign sources from what was found in a 2005 study of the industry, in which 28 per cent of revenue was from foreign sources. We look forward to working with the government on a successful strategy and participating in the culture trade mission announced for 2018 to open new global markets for Canadian content as well as the Creative Industries Council.
"We are also pleased to hear the government's support for the protection of creators' intellectual property and fair compensation for those who help contribute to Canadian cultural content. Changes to the Copyright Act to ensure Canadian works are competitive with international standards and reform of the Copyright Board are the keys to success for a thriving music publishing industry and Canadian economy."
Margaret McGuffin is available for media interviews.
ABOUT THE CANADIAN MUSIC PUBLISHERS ASSOCIATION
The Canadian Music Publishers Association represents music publishers by creating global business opportunities and promoting our members' interests and those of their song writing partners through advocacy, communication and education.
SOURCE Canadian Music Publishers Association
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