According to CISAC's annual report, growth was driven by digital royalties and the full return of the live business.
As digital royalties rise, rights management organizations are thriving — and growing faster than ever.
Digital has become the biggest source of income around the world, driving rights management organizations to new highs.
"The global song rights market is changing rapidly."
CISAC has found that concerts and festivals appear to be faring well in 2022, though collections are down on pre-pandemic levels.