CISAC: Royalty collections hit new record in 2012

Gross global royalty collections for songwriters and other creative authors achieved a new record high of EUR 7.8 billion in 2012, a new report from CISAC has shown.

CISAC (International Confederation of Societies of Authors and Composers), the worldwide network of authors’ societies, today releases the annual Global Economic Survey - based on data provided by 227 authors’ societies in 120 countries, including the UK’s PRS For Music. The majority of its members (43%) are made up of music collection ...

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