Live royalties growth surpasses radio/TV in 2018
Cisac’s latest report shows continued growth for live music royalties, especially in Europe, where live takes the largest share of collections revenue
News By | 7 November 2019
Music collections grew almost 2% in 2018, generating €8.5 billion, with the growth of live/background music royalties surpassing that of frontrunner TV/radio.
The most recent figures released by Cisac, the association that represents global copyright collection societies, show the traditional revenue streams of TV, radio, live and background music – that played in restaurants, bars and clubs – “continue to be the backbone of royalties collections”, despite the “mass migration to digital channels” in recent years.
In Cisac’s Global Collections Report 2019, which…