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Producers: follow up to the final distribution of sound recordings 2016

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.

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GVL 2020 income above expectations

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. 

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Corona Emergency Relief: GVL supports producers of sound recordings with advance payments

With the advance payments to its producers of sound recordings, which are starting right now, GVL is making a further contribution to the financial support of its rightsholders. By doing so, it intends to counteract the acute economic effects of the corona pandemic, especially on independent labels.

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Stable Income Situation at GVL in the 2019 Financial Year

In 2019, GVL recorded total revenues of EUR 215.5 million (2018: EUR 229.8 million). Compared to the previous year, income fell by 6.3 percent due to the absence of the special effects in previous years.

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