CISAC reports 70% rise in live performance revenue
Global creators’ collections grew by a record 26.7% to €12.1 billion in 2022, according to the organisation's latest report
News By Gordon Masson | 26 October 2023
Global royalty collections for creators reached a historical high of €12.1 billion in 2022, growing by a record 26.7% in a full recovery from the pandemic, according to the latest report by the International Confederation of Societies of Authors and Composers (CISAC).
Royalties from the live and public performance sector, including concerts, background, exhibitions, and theatres, increased 69.9% to €2.7bn in 2022 as festivals, music tours and businesses reopened.
Despite this, CISAC says the live sector’s return to health fell short of complete recovery, remaining…