The expansion of the organizations' relationship will let them share technology, partner in more foreign markets and launch an AI task force.
SACEM was up 34% in 2022. PRS doubled its income in the last decade. There’s never been a better time to be in the royalty collection game.
Distributions at the French collective management organization were up 17% while its cost ratio was 10.76%, the lowest in CMO's history.
More than a third of European songwriters surveyed have used AI – but almost two-thirds are concerned about it.
An "in-depth" study will analyze streaming data to evaluate the viability of different economic models for remunerating songwriters, composers and rights holders.
The collective management organization outpaced its peers in 2022 -- and its CEO says she's just getting started.
Seven of the world's largest collective management organizations improved their 2022 collections by an average of 19.4%.
The organization collected $1.54 billion in 2022, 34% more than in 2021, and distributed $1.15 billion — a 19% increase over the previous year.
