Producers: Sound recording distributions for 2021 to 2024 completed
As announced, GVL has today completed the above distributions. The payment notifications and individual distribution results are now available on the producer portal label.gvl.
“In total, we have allocated more than €80 million in revenues in the current distribution rounds – this is the highest revenue allocation ever in a regular distirbution to producers,” says Dirk Löwenberg, Directors of Rights Holder Services for Producers & Event Organisers. “We are particularly pleased that we have been able to report consistently high distribution quotas over the past few years,” Löwenberg continues.
Distribution quotas in detail
The distribution quota for the 2021 usage year is now 94.66%, for 2022 it is 93.45%, and for 2023 it is 92.90%. Furthermore, in the initial distribution for the 2024 usage year, we are achieving a stable overall distribution quota of 88.75%, which is on par with the previous year.