• Abstract and Figures
• Public Full-text

RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 1 RADIO STARMAKER FUND ANNUAL REPORT 2004–2005# RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 2 ANNUAL REPORT RADIO TABLE OF CONTENTS STARMAKER #FUND 02. Message from the Chair 03. Board of Directors and Staff | Mandate | 2004-2005 Overview 04. Application Evaluation | Applications Submitted vs. Applications Approved 05. Tracking Success | Grant Allocation by Type of Record Label 06. Radio Starmaker Funded Artists 07. Sales Certifications | Grant Allocation by Genre 08. Grant Allocation by Music Industry Association | Grant Allocation by Province 09. Awards Won by Radio Starmaker Funded Artists 10. Allocation of Funding by Category 11. – 15. Condensed Financial Statements 16. Appendix: Criteria for Qualifying 25 Adelaide Street East, Suite 1300, Toronto, Ontario M5C 3A1 PHONE.416.597.6622 FAX.416.597.2760 TOLL FREE.1.888.256.2211 www.radiostarmaker.com RADIO STARMAKER FUND ANNUAL REPORT 2004-2005 .01 RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 3 ANNUAL REPORT RADIO MESSAGE FROM THE CHAIR STARMAKER #FUND This year has seen some ed in the fact that 89% of applicants were spent on the independent sector (including dards of accountability to our stakeholders tremendous improve- approved for funding. artist owned labels) and over $300,000 in and the industry at large. Our audit process ments at the Radio other industry initiatives such as funding once again shows complete compliance Starmaker Fund while we In general terms the Radio Starmaker regional music associations. with our funding rules and regulations and continued our primary Fund continues to be focused on making a we appreciate the efforts made by our objectives of remaining discernable difference to our artists with We have responded to feedback from our applicants to maintain this track record. effective, responsive and substantial funding. The effectiveness of stakeholder community this year by putting For the first time this year, the Board has accountable. this funding is perhaps best expressed in a large emphasis behind our international developed a detailed 3 year projected cap- the artist profiles contained in this report, programs which was a stunning success. We ital funding budget to ensure that we have In May 2005 we introduced a new element which represent only a small sample of the had a large demand for these very new pro- a stable level of funding over the next few to our staff at the Fund in the position of feedback we receive from artists and labels grams which proves that the Radio years. We are all looking forward to work- Manager, Programs and Applications, every week telling us that the Starmaker Starmaker Fund is able to adapt quickly and ing further to continue this ongoing Jerry Leibowitz. Jerry comes to us with an Fund is having a tremendously positive effectively to the changing needs of the broadcaster commitment to recording in depth background in the music industry impact on their ability to compete in a dif- industry. Over 40% of our funding artists in Canada. as the former General Manager of ficult and competitive market. I am proud ($1,512,280) was provided to artists and Rykodisc. As the Manager of Programs of the $4,550,567 committed this year to independent labels for international tour- and Applications it is his mandate to offer 82 applicants and have every confidence ing, marketing, promotion and publicity. assistance to applicants and ensure that that it will continue to make a difference. We expect the demand in this area to con- they file the best application possible. He We are also proud that we have balanced tinue to grow as we see the success of these has made a significant difference to our spending to all aspects of the music indus- projects. Chuck McCoy team and we have seen a great improve- try with over $1 million being spent on Executive Chair, ment in our applications, which is reflect- major label artists, $3.2 million being We continue to maintain the highest stan- Radio Starmaker Fund RADIO STARMAKER FUND ANNUAL REPORT 2004-2005 .02 RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 4 ANNUAL REPORT RADIO BOARD OF DIRECTORS AND STAFF| STARMAKER MANDATE | 2004–2005 OVERVIEW FUND #For the period from September 1st, 2004 to August 31st, MANDATE 2005, the Radio Starmaker Fund Board of Directors was comprised of: The mandate of the Radio Starmaker Fund is to make a substantial and discernable difference to the careers of Canadian musical recording artists through artist driven marketing assistance, and to support CHAIR DIRECTORS Chuck McCoy Bob Harris the Canadian independent music infrastructure. Executive Vice-President, Operations Manager Montreal, Programming & Marketing Standard Radio Inc. Created by the Canadian Radio-television and Telecommunications Commission’s Radio Policy Review Rogers Broadcasting Limited of 1998, the Radio Starmaker Fund has completed its fourth full year of operation. Dean Sinclair VICE-CHAIR General Manager, French language artists are supported by Fonds RadioStar, although Radio Starmaker Fund supports Brian Chater CORUS Entertainment Inc. President, non-French language and instrumental projects originating from Quebec. Avenue Road Music Group RJ Guha President, TREASURER Kindling Music Inc. 2004-2005 OVERVIEW: Andy McLean Managing Director, Sander Shalinsky NXNE I Committed $4,550,567 to 82 Canadian artists through our domestic marketing, Barrister and Solicitor, Sheppard Shalinsky Brown international marketing, international touring/showcasing and manager mentorship programs. SECRETARY Steve Kane President, STAFF: I Assisted 198 artists to attend industry events in a number of regions through our support to Warner Music Canada EXECUTIVE DIRECTOR associations program ( $114,000 tracked as “miscellaneous funding”) Chip Sutherland DIRECTORS Rob Farina MANAGER, I Committed $1,512,280 to international initiatives Program Director, FINANCE AND ADMINISTRATION CHUM Limited Rachel Oldfield I 89% of applicants received funding Jian Ghomeshi MANAGER, President, PROGRAMS AND APPLICATIONS Wonderboy Entertainment Jerry Leibowitz RADIO STARMAKER FUND ANNUAL REPORT 2004-2005 .03 RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 5 ANNUAL REPORT RADIO APPLICATION EVALUATION |APPLICATIONS STARMAKER SUBMITTED VS. APPLICATIONS APPROVED #FUND Applications to the Radio Starmaker Fund are evaluated on four major criteria: I The track record of the artist I The amount of money invested by the applicant and his/her agents I The quality of the marketing plan, both the proposed RSF portion, and the portion to which the applicant has committed through their significant investment I The amount of money the Radio Starmaker Fund has available for the round In order to qualify for the Radio Starmaker Fund, artists need to reach prescribed sales levels by genre and demonstrate SUCCESS FACT: a financial commitment to the marketing of their recorded project (see appendix for application criteria). Furthermore, the artist must be a Canadian citizen or landed immigrant, a resident of Canada, and the ownership of the master tapes MOLLY JOHNSON (ROUND #12 & 13) must reside with a Canadian company. “It is a challenge to launch a Canadian artist in a We continue to fund artists from every genre of music and from every region of the country, regardless of whether they new market. Radio Starmaker Fund’s support for produce music appropriate for airplay by private broadcasters. Molly Johnson’s recording in the USA and UK is mak- ing it possible for Marquis to achieve much higher levels of airplay, media and retail coverage. International success usually reinforces success in # OF QUALIFYING APPLICATIONS SUBMITTED # OF APPLICATIONS APPROVED % Canada, so there is a double benefit from RSF’s inter- national programs.” TOTAL FISCAL YEAR 2004-2005 148 132 89.19% EARL ROSEN PRESIDENT, MARQUIS NUMBER OF QUALIFIED APPLICATIONS SUBMITTED INCREASED BY 128% FROM 2003-2004 DUE LARGELY IN PART TO THE IMPLEMENTATION OF THE INTERNATIONAL TOURING/SHOWCASING/MARKETING PROGRAMS. RADIO STARMAKER FUND ANNUAL REPORT 2004-2005 .04 RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 6 ANNUAL REPORT RADIO TRACKING SUCCESS | STARMAKER GRANT ALLOCATION BY TYPE OF RECORD LABEL #FUND We have begun to conduct interviews with applicants to discuss their use of funding to gain some “qualitative insight” into the impact we are having. Throughout this report there are samples of the feedback we have been receiving in the Artist Profiles. It is very encouraging on all fronts. Clearly the Radio Starmaker Fund is providing artists with the incremental funding they need to SUCCESS FACT: maintain and increase their momentum in the marketplace, both here and abroad. Of particular importance this year is the impact of our international touring program. METRIC (ROUND #14) We approved close to $1 million in international touring grants that provided many artists with “The Radio Starmaker Fund has always been an opportunity to tour countries for the very first time. The feedback on this program has been crucial in assisting Last Gang Records to elevate the overwhelming and we hope to expand this even further in the future. profile of our artists. Starmaker money facilitates propelling a developing artist on the verge of breaking, like Metric, to the next level. Metric is an excellent example of how continued access to Starmaker (and FACTOR) has allowed us to develop and export Canadian talent successfully for both MAJOR LABELS INDIE LABELS QUASI-INDIE MISC. FUNDING TOTAL domestic and international markets.” TOTAL APPROVED FUNDING FOR FISCAL YEAR $817,232.48 $3,263,702.28 $244,633.00 $339,000.00 $4,664,567.76 LENNY LEVINE % OF TOTAL APPROVED FUNDING 17.52% 69.97% 5.24% 7.27% 100% EXECUTIVE VICE PRESIDENT, LAST GANG RECORDS RADIO STARMAKER FUND ANNUAL REPORT 2004-2005 .05 RSM ANNUAL REPORT 23.1.06 1/24/06 9:34 AM Page 7 ANNUAL REPORT RADIO ARTIST PROFILE: FEIST STARMAKER #FUND In May 2004, Arts & Crafts released Feist's sophomore solo album supported by an extensive TV ad campaign and helped launch "Let It Die" to an unassuming Canadian audience.

Load more

  23

Copy Link