Drake Dominates SOCAN Awards with Multiple Wins

The SOCAN Awards celebrate the finest in Canadian music, honoring the achievements of songwriters, composers, and music publishers. The 34th SOCAN Awards was a remarkable event, showcasing the exceptional talent within Canada's vibrant music industry.

Celebrating Excellence in Canadian Music

Drake continues to demonstrate his dominance in the music scene, winning the prestigious Songwriter of the Year – Performer award. He also secured multiple Rap Music Awards for his collaborations on songs like "Jimmy Cooks," "Rich Flex," and "Spin Bout U" with 21 Savage, and "Wait For U" with Future and Tems.

K'naan was presented with the Cultural Impact Award for his iconic song "Wavin' Flag," which culminated in a moving finale performance by AHI and Strings From Paris. This song has been an anthem of hope and resilience, resonating with global audiences and marking a significant cultural moment.

Highlighting Special Achievements

• Arkells: This celebrated band received the National Achievement Award, recognizing their substantial impact on the Canadian music landscape.
• Tobias Jesso Jr.: Awarded the International Achievement Award, Jesso Jr. also triumphed in the Dance Music and R&B Music categories with his hit songs "Houdini" and "Always."
• Evan Blair: His global hit "Boyfriend" was honored with the International Song award.
• The Weeknd: Secured multiple SOCAN awards for "Sacrifice," "Out of Time," and "Die For You (Remix)," further cementing his global influence.

Noteworthy Performances and New Talent

The event was filled with unforgettable performances, showcasing both established and emerging Canadian artists. Highlights included:

• Jade Eagleson and Noeline Hofmann: Delivered powerful renditions of country hits "Purple Gas" and "Rodeo Queen."
• LU KALA: Impressed the audience with a medley featuring the global hit "Pretty Girl Era."
• Skip Waiters: Performed his impactful rap "Last Words."
• Sebastian Gaskin: Gave a heartfelt performance of his song "Medicine," earning the Vince Fontaine Indigenous Song Award.

Emerging talent also shone brightly:

• Lauren Spencer Smith: Won the Breakout Songwriter Award and the Viral Song Award for her hit "Fingers Crossed."
• PartyNextDoor: Also received a Viral Song Award.
• deadmau5: Claimed the Dance Music Award, highlighting his continued influence in the electronic music scene.

Investing In Drake Songs

If you're a huge fan of Drake or just want to get started with music royalty investing, now you can do so on Royalty Exchange. On Royalty Exchange you can sign up as an investor and search through thousands of music catalog listings that include producer and songwriter royalties to some of the biggest songs of the past few decades.

Take this catalog featuring songs by Drake for instance. The investor acquired this catalog for $33,900 and collected $6,416 in royalties over 21 months, achieving an impressive ROI of 59.00% after they sold it to another buyer on the platform for $50,000. Song royalty acquisitions can be extremely lucrative investments as you can see from this example.

This live listing featuring songs by Drake is now available for investment. This catalog has earned $20,926 over the past 12 months and is currently valued at $149,197. Sign up today and place your bid before another investor secures this exciting asset for their portfolio.

We’ve prepared this guide on Royalty Investing Made Easy to help you get started with investing in music royalty catalogs. This is the best guide for understanding why music royalties are one of the best passive income ideas of 2024. Learn everything there is to know about the complexities of song royalties, investing in royalties, and how to buy the rights to a song. Sign up now to begin your journey into music royalty investing. Discover why so many investors today are using Royalty Exchange to buy royalties to expand and diversify their portfolio. Get your hands on your favorite music catalog today!