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Delayed private copying remuneration for PCs finally arrived - GVL prepares payout

GVL, the Society for the administration of neighbouring rights, finally received the overdue remuneration for private copies made on PCs for the years 2011 to 2013. GVL is entitled to a total of EUR 40.99m; the receivables in the balance sheet, blocked for several years, can thus be liquidated entirely.

GVL is now preparing the payout to its members; the planned dates are September 2014 (only producers) and December 2014 (producers and artists).