A report commissioned by industry group Assomusica reveals a 6% increase in the number of…
Sign up for IQ Index
The latest industry news to your inbox.
Africa and Latin America were the biggest growth sectors, although live and overall public performance royalties grew strongly worldwide in 2016
By Jon Chapple on 23 Nov 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, bars restaurants) was in Africa (33.2% on a fixed-currency basis) and Latin America (20.2%).
Total royalty collections for all sectors in 2015 totalled more than €8.6bn, up 8.9% from 2014.
The biggest growth for live music was in Africa and Latin America
“Cisac members’ collections in 2015 experienced unprecedented growth of close to 9% year-on-year and, for the first time, broke the €8bn mark,” comments Cisac director-general Gadi Oron (pictured). “This is testament to the continued development of the global collective management network and the increased efforts of our members on improving their operations, adjusting their licensing solutions and responding to market demands.
“The strong growth experienced in all regions of the world in which Cisac members are active is particularly encouraging. It reflects the grassroots work undertaken in many countries by Cisac and its members to promote favourable laws, support societies’ operations and further improve their services to affiliated creators and publishers.”
Cisac (International Confederation of Societies of Authors and Composers) represents 239 collection societies and performing rights organisations in 123 countries.
Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.