MusicDish e-Journal - November 23, 2017
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

CISAC Releases 2015 Global Collections Report
Performing rights reach an all-time high of 6bn on stable royalty collections worldwide
By Mi2N
(more articles from this author)
2015-02-14
Comment | Email | Print | RSS

The International Confederation of Societies of Authors and Composers (CISAC) released its 2015 Global Collections Report, revealing that, against a backdrop of continued economic uncertainty, total royalties collected in the year 2013 on behalf of over three million creators worldwide remained stable at 7.8bn.

Excluding the impact of foreign exchange, royalty collections increased 4.6% when measured in constant Euros, but currency fluctuations meant that collections decreased ever so slightly (-0.8%) when measured in current Euros.

Commenting on the report's findings, Gadi Oron, Director General of CISAC, said "In 2013, CISAC member societies proved once again the importance of collective management of rights for creators around the world. Despite challenging economic conditions in many markets, total royalties collected by CISAC members remained stable. Excluding the impact of foreign exchange, the underlying growth trend of +4.6% in global collections is very encouraging for the future of the creative industries globally. Other positive reports include a jump of 17% in royalty collections in the Latin America & Caribbean region and a sharp increase of 8% in collections for audiovisual repertoire. The BRICS markets continue to show great promise leaping 30% over the previous year. These countries still have a huge untapped potential, with a mere 0.12 of collections per capita as compared to the 1.30 world average."

Royalty collections from digital services are still relatively underdeveloped for authors. Despite growing 25% year-on-year and reaching 380 million in 2013, they still represent only 5% of the total royalties collected by CISAC societies around the world. Commenting on these findings, Gadi Oron added:

"Royalty collections from digital services sharply increased in 2013 and we are extremely pleased with this result. Yet, they are still low and the potential for further growth is significant. In a world that is becoming increasingly digital, it remains a key priority for CISAC members to ensure that creators around the world receive a more equitable share in the online market."

CISAC Releases 2015 Global Collections Report Highlights:
* Total royalties collected in 2013 on behalf of creators worldwide remained constant at 7.8bn
* Performing rights collections grew 2.4%, breaking the 6bn mark for the first time
* This increase in performing rights only partially offsets the decline in reproduction rights (-13% in 2013)
* Digital royalties grew 25% but still represent only 5% of total collections worldwide
* Music repertoire accounts for the majority of royalty collections (87% of total)
* Audiovisual royalties saw a significant jump, up 8% from the previous year
* Europe remains the largest geographic region for collections, accounting for 60.6% of total royalties with year-on-year growth of 2.3%
* BRICS countries grew 30% and now generate 1m per day, but still have much lower collections per head of population (0.12) than the world average (1.30 per head)

Related News from Mi2N:
» CISAC Releases 2015 Global Collections Report


Home » News Beat » CISAC Releases 2015 Global Collections Report
Permalink:http://www.musicdish.com/mag/?id=13680
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» Nordic & British Musicians' Unions' Joint Statement on Sexism in the Music Industry

» Women Make An Impact On The 2018 MPG Awards Shortlist

» Two-Sides of Copyright Finance: Sound Royalties & Kobalt

» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes

» Europe's Digital Music Leaders Form Alliance

News Beat Directory



» [2017-11-21] Joint Statement By The Nordic Musicians' Unions And British Musicians' Union; Discussions On The Issue Of Gender Inequality, Sexism And Sexual Harassment, The Scale Of Which Had Been Highlighted By The Recent #metoo Campaign

» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys

» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals

» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?

» [2017-11-09] Two-Sides Of Copyright Finance: Sound Royalties & Kobalt; Sound Royalties Unearths Millions In Undistributed Royalties While Kobalt Launches Fund To Invest In Music Copyright

» [2017-11-08] Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes; ROLI Chief Creative Officer, Live Nation Sweden Managing Directors, Music Glue Global Head Of Business Development, BBR Music Group VP Of International, Warner/Chappell Music Spain Managing Director And Blue Night Director Of Music Clearance

» [2017-11-08] Europe's Digital Music Leaders Form Alliance; European Digital Music Companies Launch Of Digital Music Europe

» [2017-11-05] Pandora Subscriber Base Grows To Over 5 Million; Pandora Premium Paid Subscribers Cross The 1 Million Milestone In October 2017

» [2017-11-05] Hybrid Studios Announces Online Mastering Services; Engineers Billy Klein And Brian Frederick Spearhead New Online Mastering Effort Through OC Studio

» [2017-11-05] Music Industry Betting On VR & AR For New Revenue; The Music Industry Is Making An Early Bet On VR & AR To Create New Revenue Streams Across All Their Lines Of Business

» [2017-11-04] Sound Royalties Unearths Millions In Undistributed Royalties; Nearly $14 Million In Undistributed Royalties Has Been Found By Music-focused Finance Firm Sound Royalties

» [2017-11-02] MusicDish*China October China Label Music Releases And Charts; Several Tracks From October Releases Have Charted On Chinese Music Portal Kanjian ING Top 10 Weekly Chart
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

Hybrid Studios To Sponsor Unsigned Only 2018

Twice The Holiday Feel-Good Vibe From NYC Indie Rockers

LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits

Getting Restless

Your Favorite Color Releases "Heartache"

Melvin Alan Album "Wonderful Life"

Jean Louisa Kelly Presents A Personal Collection Of Songs From The American Standards And Musical Theater



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2017 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships