Fairness Rocks News German collection society GEMA paid over $1bn to publishers and songwriters in 2019

Home Industry News German collection society GEMA paid over $1bn to publishers and songwriters in 2019

Author: Murray Stassen

Date: May 27, 2020

Original Source: Music Business Worldwide

Industry News

German collection society GEMA paid over $1bn to publishers and songwriters in 2019

German performing rights organization GEMA generated revenues of €1.069bn ($1.2bn) in 2019, an increase of €50.2m (5%) compared to 2018.

Of this amount, €905.6m ($1.02bn) was distributed to members and rights-holders worldwide, according to GEMA, which published its financial results today (May 27).

Read More: https://www.musicbusinessworldwide.com/german-collection-society-gema-generated-revenues-of-e1-07bn-in-2019/