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GVL pays remuneration to its members

In mid-December, GVL launched the process of transferring payments to artists for distribution year 2015, and the subsequent payments for distribution years 2010 - 2014.

For distribution year 2015, GVL pays out remuneration for the first time. A total of EUR 56.1m is available to artists who are entitled to receive payments. Of this amount, about EUR 11m will be paid out. The remaining EUR 45.1m will be withheld until the final distribution for distribution year 2015 as so-called “reserved remuneration”. By doing so, GVL intends to give all artists enough time to register their contributions to productions which have been broadcast during that periodIn the current distribution cycle, additional remittances relating to the subsequent distributions for distribution years 2010 to 2014 will be made. The result of these four years is a payable sum of EUR 22.2m. In comparison to the distribution in the previous year, the distributable sums have increased due to the income during financial year 2015 relating to other periods, and due to accrued interest.

Detailed reports are available for download to registered users with immediate effect in GVL's online portal www.artsys.gvl.de, in the area "my remuneration". They illustrate which amounts have been allocated to which productions.

 

GVL pays remuneration to its artists


At the beginning of December, the remuneration amounts for producers of sound recordings was paid out.  For distribution year 2015, they totalled EUR 50.7m including EUR 0.5m interest. For the first time, this figure also contains the share relating to the onward payments from foreign collective management organisations, EUR 0.3m. Said monies have already been transferred to the relevant producers of sound recordings in October 2016. Remittances to music video producers of EUR 2.7m were made in August 2016. The total distributable amount to producers was thus EUR 53.4 m.
 

GVL pays remuneration to its producers of sound recordings


Specific GVL broadcast minute results are can be still be downloaded by GVL’s registered users via trisys.gvl, in the form of pdf or xls files. This function will continue to be available in GVL’s new portal for producers of sound recordings, www.label.gvl.de. GVL asks users of the portal for their patience during the first days and weeks of the system changeover, as there may be some initial, temporary restrictions in terms of portal usage.

Basis for a distribution to artists and producers is the usage of music productions and film and TV productions on the radio and TV. GVL has processed and analysed more than 34.2m broadcast minutes for distribution year 2015.