French authors' society SACEM collected €1.27 bn in 2014 and distributed €1.1 bn to rights holders, a 2.4% drop compared to 2013, according to figures unveiled in Cannes by the French performance rights society.

Speaking at the Midem trade show,  SACEM CEO Jean-Noel Tronc said the slight drop in revenues was mostly due to a decline in CD and DVD sales, as well as a drop in international collections, due to unfavourable effects of foreign exchange rates and problems with ...