How much did music artists get from royalties in recent years?
The International Confederation of Societies of Authors and Composers (CISAC) just released its 2015 Global Collections Report, revealing that, against a backdrop of continued economic uncertainty, total royalties collected in the year 2013 on behalf of over three million creators worldwide remained stable at €7.8bn.
However, as its President Jean-Michel Jarre points out:
“Creators are the singular force behind the works – films, paintings, songs, books, poems, pictures – that millions around the world enjoy. Yet we are often at the mercy of groups that control the channels of distribution of our works. This is acutely felt in today’s digital ecosystem where creators are the most fragile element.”
Here are the report’s highlights:
– Total royalties collected in 2013 on behalf of creators worldwide remained constant at €7.8bn;
– Performing rights collections grew 2.4%, breaking the €6bn mark for the first time;
– Digital royalties grew 25% but still represent only 5% of total collections worldwide;
– Europe remains the largest geographic region for collections, accounting for 60.6% of total royalties with year-on-year growth of 2.3%;
– BRICS countries grew 30% and now generate €1m per day, but still have much lower collections per head of population (€0.12) than the world average (€1.30 per head).
CISAC – the International Confederation of Societies of Authors and Composers – is the world’s leading network of authors’ societies (also referred to as Collective Management Organisations, or CMOs).