|
|
|||
|
||||
|
Home 
Directories
Organizations Directory
FACTOR, The Foundation to Assist Canadian Talent on Records
FACTOR, The Foundation to Assist Canadian Talent on Records."
|
|
|
|
||
Organization(s) 35 of 41
"FACTOR, The Foundation to Assist Canadian Talent on Records, was founded in 1982 by CHUM Limited, Moffat Communications and Rogers Broadcasting Limited, in conjunction with the Canadian Independent Record Producers Association (CIRPA) and the Canadian Music Publishers Association (CMPA). Standard Broadcasting merged its Canadian Talent Library (CTL) development fund with FACTOR’s in 1985.
As a private non-profit organization, FACTOR is dedicated to providing assistance toward the growth and development of the Canadian independent recording industry. The foundation administers the voluntary contributions from sponsoring radio broadcasters as well as two components of the Department of Canadian Heritage’s newly formed Canada Music Fund Council’s programs to support the Canadian music industry. FACTOR has been managing federal funds since the inception of the Sound Recording Development Program in 1986 (now known as the Canada Music Fund Council). Support is provided through various programs which all aid in the development of the industry. The funds assist Canadian recording artists and songwriters in having their material produced, their videos created and support for domestic and international touring and showcasing opportunities as well as providing support for Canadian record labels, distributors, recording studios, video production companies, producers, engineers, directors – all those facets of the infrastructure which must be in place in order for artists and Canadian labels to progress into the international arena. FACTOR started out with an annual budget of $200,000 and is currently providing in excess of $11.5 million annually to support the Canadian music industry. In its 21 years, FACTOR has provided over $71 million in funding to assist in the development of the Canadian independent music industry. Of this, $33.2 million was offered to assist with the production of sound recordings for commercial sale. In turn, these projects have sold over 13.6 million copies in Canada and 10.1 million internationally. The over 23.7 million units sold worldwide have generated over $487.5 million in retail sales. The FACTOR results are proof positive that Canada has an abundance of talent competing nationally and internationally. The Department of Canadian Heritage and FACTOR’s sponsors can be very proud that through their generous contributions they have made a difference in the careers of so many, many success stories."
These items have similar materials
|
||||||||||||||||||||||||||||||||||||||
Printer friendly version|
Culturescope.ca is a service of the Canadian Cultural Observatory and its partners.
|
The Canadian Cultural Observatory and Culturescope.ca do not endorse and are not responsible for the content of external sites. Links will open in a new window.
Some of the material available in the resource collection originates with an organization not subject to the Official Languages Act and is available on this site in the language in which it was written. |
|
|
|
|||