Colletions in the public performance sector have, as projected, collapsed due to the COVID-19 induced closures of clubs, restaurants, hotels and many other places by nearly 40%. Broadcast remuneration of private radio and TV channels also declined. The decrease could, however, be offset by a growth in income from the private copying remuneration.
The election of the representatives for more than 160,000 rights holders took place during the Assembly of Rights Holders on 4 June 2021.
With this follow-up, revenues are distributed that could now be directly allocated through the subsequent resolution of rights ownership conflicts at the time of the final distribution of sound recordings 2016 in December 2020.
We have instructed the bank to transfer the yielded distribution revenues. Producers participating in this distribution can now find the corresponding payout notifications at label.gvl.
Colletions in the public performance sector have, as projected, collapsed due to the COVID-19 induced closures of clubs, restaurants, hotels and many other places by nearly 40%. Broadcast remuneration of private radio and TV channels also declined. The decrease could, however, be offset by a growth in income from the private copying remuneration.
