The Society of Composers, Authors and Music Publishers of Canada (SOCAN), which licenses performing rights in Canada, has acquired reproduction rights organization the Society for Reproduction Rights of Authors, Composers and Publishers in Canada (SODRAC) in a non-monetary transaction.

The deal will see the operations of SODRAC transitioned into the operations of SOCAN, with a new Reproduction Rights committee of the SOCAN board being established to oversee administration of reproduction rights.  This new arrangement will provide music users who need to license both public performance and reproduction rights owned by publishers with the ability to license both rights from a single organization, which has not historically been possible in Canada.

More details on the transaction are available here.