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GVL concludes its financial year 2015 with a total revenue of EUR 161.8m

The Gesellschaft zur Verwertung von Leistungsschutzrechten (GVL) concludes its financial year 2015 with a total revenue of EUR 161.8m.

This represents a slight decrease of 0.9% compared to 2014. The decline results mainly from the effect of back payments in the previous year: In 2014, the conclusion of a general agreement on the private copying levies on PCs concluded with the majority of the hardware industry led to a back payment in the two-digit millions range (including back payments for previous years). If GVL was to eliminate this one-off effect, it can actually report an increase of its income in 2015.