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The Gesellschaft zur Verwertung von Leistungsschutzrechten mbH (GVL) presented its annual accounts for 2020 at its Assembly of Shareholders and Delegates (GuDV) on 22 June 2021. With EUR 216.1m (2019: EUR 215.5m, +0.3%), the annual result is significantly above the estimates at the beginning of the COVID-19 pandemic.
As announced, GVL distributes the individual distributions of the follow-up to the final distribution of sound recordings 2016 today.
Change is afoot in the group of the Shareholders’ Representatives at GVL:
Dr Till Völger supersedes Bernhard F. Störkmann in his role as BFFS representative, as scheduled, at the beginning of June 2021. The relay handover takes place during the 2021 Assembly of Rights Holders which takes place on 3 and 4 June digitally.
GVL will run a supplementary distribution for the usage years up to 2014 to its performers in the coming days.
Today, GVL is launching its payout of remuneration to performers whose recordings were used on an international level.
GVL has greatly simplified the process required to enter into a GVL representation agreement and therefore the issuance of label codes for producers.
Today, GVL is transferring the remuneration arising from the special distribution for private copying (ZPÜ monies) for the years up to 2015. As usual, producers can check out their individual distribution results in the portal www.label.gvl.de.
Today, GVL will start the distribution of the remuneration for the open budgets 2010 to 2014.

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