According to the 2019 Global Collections Report, published by the International Confederation of Societies of Authors and Composers (CISAC), royalties from digital sources have jumped 29 percent to €1.64 billion.
The report covers worldwide royalty collections for creators of music, audiovisual, visual arts, drama and literature.
Global collections for music repertoire account for the majority of the rise, jumping 1.8 percent to €8.5 billion.
The shift towards digital has been attributed to the rapid global expansion of music and subscriptions to video on-demand services.
Over the last five years creators’ digital income has almost tripled and now accounts for 17 percent of collections.
The United States, France and Japan are the biggest drivers of growth, which has been supported by new and extended licensing deals between societies and digital platforms like Spotify.
Total collections were up 1 percent in 2018, marking the fifth year of consecutive growth, and since 2014 global collections by CISAC societies are up by 25.4 percent.
The report also highlights other key indicators of the shift to digital in a growing group of ‘digital champions.’
Asia-Pacific is a digital leader, with an online share of 26.3 percent, twice that of Europe at 13.3 percent.
Meanwhile, Australasia, Sweden, South Korea, Mexico and China are in a growing group of ‘digital champions’ where online revenues are now the top collections source.
The Report does also emphasise the need for legislative action to bring fair creators’ remuneration, calling on governments to follow the example of the landmark EU Copyright Directive, adopted in April 2019.
Gadi Oron, director general, CISAC, says: ‘This Report provides many reasons for optimism about our sector. Digital revenues show an impressive increase, have nearly tripled in the last five years and have enormous potential for further growth. More markets are seeing digital income taking the top position of all revenue streams, which is an extremely positive sign. In a landscape of fragmenting income sources, the role of authors societies in generating monetary value for millions of creators has never been more vital.’
Jean-Michel Jarre, CISAC president, adds: ‘Digital is our future and revenues to creators are rising fast, but there is a dark side to digital, and it is caused by a fundamental flaw in the legal environment that continues to devalue creators and their works. That is why the European Copyright Directive is so momentous for creators everywhere. The Directive has sent an amazing, positive signal around the world, building a fairer balance between creators and the tech platforms.’