Live recovery helps CISAC to record collections
Live music royalties have increased by 24% since 2019 to exceed €1bn, according to the society's latest report
News By James Hanley | 24 October 2024
Global royalty collections for creators increased by 7.6% to reach a new high of €13.1 billion last year, according to the 2024 Global Collections Report published by the International Confederation of Societies of Authors and Composers (CISAC).
The increase was partly attributed to the “strong” post-pandemic resurgence of live concerts and public performance, as well as a steady upturn in digital income.
Live and public performance collections – which includes concerts, exhibitions and licensing of venues and businesses – posted the strongest growth…