Fairness Rocks News Song right revenues began to recover in 2021, but are still 5.1% below pre-pandemic levels


Industry News

Song right revenues began to recover in 2021, but are still 5.1% below pre-pandemic levels

Revenues collected by the music industry’s song right collecting societies worldwide increased by 7.2% to 8.48 billion euros last year, following a COVID-caused dip in 2020. However, with live music still very much restricted in 2021, total collections were 5.1% down compared to pre-pandemic levels. This is all according to the latest stats pack from global collecting society grouping CISAC.

Read More: https://completemusicupdate.com/article/song-right-revenues-began-to-recover-in-2021-but-are-still-5-1-below-pre-pandemic-levels/