TORONTO--(BUSINESS WIRE)--Re:Sound Music Licensing Company and Ian MacKay today announced that Ian MacKay, President of Re:Sound since 2009, will be leaving the organisation at the end of the year.
Over the years, MacKay oversaw the implementation of key strategic initiatives including the creation and launch of Entandem, a joint venture with SOCAN which simplifies music licensing for businesses, the expansion of Re:Sound’s Board of Directors to be more reflective of Re:Sound's diverse stakeholders, and the addition of an Independent Chair.
He also led Re:Sound’s role in the successful implementation of the WPPT treaties and Copyright Board reform.
In 2018, Re:Sound contributed over $50 million in domestic and international income to the music ecosystem, in remuneration to artists (including background musicians and session players) and record labels (including both major and indie labels).
“I am very proud of all that I and the team have accomplished at Re:Sound over the last decade,” MacKay says. “I am leaving the organisation in great hands, with a seasoned and passionate senior management team."
Anthony Ariganello, Chair of the Board of Re:Sound, noted that “The Board is very proud to highlight that MacKay’s tenure at Re:Sound has been marked by aggressive revenue growth, expansion in revenue sources, and cost reductions through efficiencies, and wishes to thank him for all his hard work over the years.”
The Re:Sound Board of Directors has commenced a search for MacKay's successor; MacKay has agreed to stay on for an interim period to assure a smooth transition in leadership.
Re:Sound is the Canadian not-for-profit music licensing company dedicated to obtaining fair compensation for artists and record labels for their performance rights. We advocate for music creators, educate music users, license businesses and distribute royalties to creators – all to help build a sustainable music industry in Canada. Re:Sound also collects international royalties for Canadian rights holders. For more information: www.resound.ca.