Access Copyright projecting 55 per cent drop in 2017 royalties

By Sue Carter. Access Copyright is warning creators and publishers to brace for a significant decrease in their royalty payments next year.

The non-profit organization, which collects revenues on behalf of Canadian copyright holders, estimates the amount it pays to creators to drop to $5 million in 2017, from $11 million this year – a 55 per cent decrease that is being directly attributed to a reduction in revenue from the educational sector. Read more...