Welcome!

Login

Subscribe

Japanese authors' society reports 5.6% rise in royalty collections YoY

Rhian Jones
Jasrac

The Japanese authors’ society (JASRAC) says its music-copyright fee collections rose 5.6% in the year ending March 31, 2013, to 111.8 billion yen ($1.14 billion).

Performance-rights fees were up 5% to 54.2 billion yen ($571.2 million), reports McClureMusic.

The rise is reportedly due to an increasing number of karaoke boxes, a recovery of the live-music market after a dip caused by the March 2011 earthquake and tsunami and fees from fitness clubs and culture centres.

JASRAC’s fiscal 2012 collections report also shows a 14.4 per cent increase in mechanical royalties collections to 39.3 billion yen ($414.8 million).

Copyright fees from audio discs totaled 15.5 billion yen ($163.6 million), up 8.7%. The healthy performance was due in part to big acts such as girl group AKB48 who’s fourth album released in 2012 has so far totalled over 1 million sales.

Advertisement

Tags: japan, JASRAC

Not a subscriber?

 Sign up today, registration is easy!