Global live royalties up 8.5% YoY in 2015
Africa and Latin America were the biggest growth sectors, although live and overall public performance royalties grew strongly worldwide in 2016
News By | 23 November 2016
Global royalty payments for public performance rights grew 9.1% to €6.8 billion last year, accounting for 78.8% of all collections, Cisac’s 2016 annual report has revealed.
As in 2014, TV and radio made up the biggest chunk of those collections, with over half (53.7%) of all performing rights-royalties generated from traditional broadcast, although live had another strong year, growing 8.5% to maintain its position as the second-largest source in revenue in music.
The biggest growth for live and ‘background’ music (such at that played in nightclubs,…
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