GVL launches usage-based exchange of artists' remuneration with foreign societies / subsequent distributions for directly authorised artists
As a first step to the new process, eight sister societies with whom GVL has reciprocal agreements were sent remuneration transfers for distribution year 2010. Further information can be obtained from our press release.
At the same time as the international artists' distribution, GVL is also carrying out another subsequent distribution to its directly authorised artists. In this context, contribution registrations that have been received and verified by now for distribution years 2010 and 2011, and the updated distribution parameters were taken into consideration. We are currently in the process of transferring the remuneration thus calculated as long as they have reached the minimum payout threshold of five Euros. You can find the updated information material on our artist distribution here.