# SOCAN acquires CMRRA from SoundExchange

- URL: https://talkfuse.com/story/socan-acquires-cmrra-from-soundexchange/
- Published: 2026-07-31T14:54:18+00:00
- Updated: 2026-07-31T15:13:04+00:00
- Original publisher: Music Business Worldwide
- Original article: https://www.musicbusinessworldwide.com/socan-acquires-cmrra-from-soundexchange/
- Topics: Americas, World

## Key points

- SOCAN plans to acquire Canadian royalty agency CMRRA from SoundExchange.
- The transaction still requires regulatory approval.
- CMRRA distributed CAD 78 million in mechanical royalties during 2023.

## Summary

SOCAN has agreed to buy the Canadian Musical Reproduction Rights Agency (CMRRA) from SoundExchange, subject to regulatory approval and customary closing conditions. The deal would combine SOCAN’s performing-rights operations with CMRRA’s reproduction-rights licensing, potentially creating a more integrated system for Canadian music publishers and songwriters.

Financial terms were not disclosed. SoundExchange bought CMRRA in 2017; the agency, founded in 1975, distributed CAD 78 million (USD 57.8 million) in mechanical royalties in 2023, an 8.9% annual increase. SOCAN says it represents nearly 200,000 songwriters, composers and publishers, while CMRRA represents most music publishers operating in Canada.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.