The International Confederation of Societies of Authors and Composers (CISAC) has enlisted Dublin-based Spanish Point Technologies to overhaul the global information system of the International Standard Musical Codes (ISWC) to better serve societies and rightsholders.
Global royalty collections for creators rose to a record high of €9.6bn (£8.4bn) in 2017, according to the CISAC Global Collections Report 2018.
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International royalty collections for music-makers and rightsholders hit €9.2bn in 2016, according to new figures.
The EU’s incoming Bulgarian president Boyko Borisvo brings an ‘unmissable opportunity’ to address the issue of transfer of value from creators to digital platforms, industry experts have advised.
Global royalty collections for music creators have hit a record high of €8bn (£7.2bn) annually, bolstered by growth in the digital music market, a new study shows.
Levies covering the general public’s copying of music onto CDs and devices for personal use are hugely beneficial to creators and rightsholders if managed properly, a new report finds.
Organisations representing hundreds of thousands of music creators across Europe have united to call on MEP Axel Voss to address the value gap in the digital marketplace.
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Two EU culture committees have voted in favour of addressing the ‘value gap’ in the digital music market to bring fairer remuneration for music creators and rightsholders.