Now is the right time to become an American Federation of Musicians member. From ragtime to rap, from the early phonograph to today's digital recordings, the AFM has been there for its members. And now there are more benefits available to AFM members than ever before, including a multi-million dollar pension fund, excellent contract protection, instrument and travelers insurance, work referral programs and access to licensed booking agents to keep you working.

As an AFM member, you are part of a membership of more than 80,000 musicians. Experience has proven that collective activity on behalf of individuals with similar interests is the most effective way to achieve a goal. The AFM can negotiate agreements and administer contracts, procure valuable benefits and achieve legislative goals. A single musician has no such power.

The AFM has a proud history of managing change rather than being victimized by it. We find strength in adversity, and when the going gets tough, we get creative - all on your behalf.

Like the industry, the AFM is also changing and evolving, and its policies and programs will move in new directions dictated by its members. As a member, you will determine these directions through your interest and involvement. Your membership card will be your key to participation in governing your union, keeping it responsive to your needs and enabling it to serve you better. To become a member now, visit www.afm.org/join.

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Home » Recent News » FACTOR Canada Reports Multi-Million Dollar Cybertheft


FACTOR Canada Reports Multi-Million Dollar Cybertheft

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Nearly $10 million was stolen from a Scotiabank account of the Foundation Assisting Canadian Talent on Recordings (FACTOR) earlier this year. FACTOR, founded in 1982, is a public/private partnership that supports the production of sound recordings by Canadian musicians, in addition to offering programs that support Canadian recordings and make them accessible to a wider public audience.

FACTOR distributes millions of dollars in funding to thousands of artists and music organizations in Canada. Last year, the organization dispensed $50 million. Now, it’s alleging that nearly a fifth of that amount was transferred by a cyberthief to a numbered company.

The report states that James Campagna, a shareholder in the company, transferred $9.4 million to a cryptocurrency-owned account and converted the funds into crypto. The bank recovered $379,000, allegedly from Campagna’s account, but the rest remains lost to FACTOR. Campagna denies involvement in the fraud, stating that someone using FACTOR’s account contacted one of his affiliates to purchase cryptocurrency.

If the funds are not recovered swiftly, in future years artists who rely upon FACTOR funding could be affected. The organization has faced funding challenges recently due to reduced contributions from private radio broadcasters. Earlier this year, those challenges led to the Canadian federal government boosting the Canadian Music Fund, which supports FACTOR, with an additional $32 million.







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