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Collective Management Organisations

SGAE’s 2021 collections were up 18.2% to €258.3m; distribution reached €248.3m

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Spanish rights society SGAE has reported 2021 revenues up 18.2% year-on-year to €258.3 million, despite the economic impact of Covid, according to the Madrid-based society's Annual Report 2021.

The good collections figure was mainly due to "agreements reached with broadcasters and to the favourable performance of the digital markets as well." All categories of rights posted growth year-on-year, except for international revenues, down 20.7% to €14.9m.

Grand rights were up 20.8% to €7.1m, ...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Collective Management Organisations

ASCAP collected a record revenue of $1.73bn in 2023, up 14.1% over 2022

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The American Society of Composers, Authors and Publishers (ASCAP) has disclosed that it collected a record-breaking $1.737 billion in revenue in the 2023 calendar year and allocated $1.592 billion for royalty distributions to its songwriter, composer, lyricist and music publisher members.

The US not-for-profit music rights society said it was the "highest revenue and royalty distributions" reported by any US performance rights organisation (PRO). The sum of $1.737bn in 2023 represented an in...

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Collective Management Organisations

‘Strategic differences’ with the Board lead to the departure of ADAMI’s Director General Xavier Lardoux after three months in the job

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The Board of Directors of ADAMI has disclosed that it has parted ways with Xavier Lardoux just three months after he took over as Director General of the French performers' neighbouring rights society, effective immediately.

In a statement, ADAMI's Board said the decision was related to "strategic differences on the company's project." The Board added: "The Board of Directors warmly thanks Xavier Lardoux for his involvement in our company and his analysis of the future of performing artists’...

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Collective Management Organisations

The MLC unveils six new appointments to its advisory committees

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The Mechanical Licensing Collective (The MLC), which administers mechanical rights in the United States, has disclosed the names of the six persons appointed to the Nashville-based music rights organisation’s advisory committees, including three appointments to the Dispute Resolution Committee, one appointment to the Operations Advisory Committee and two appointments to the Unclaimed Royalties Oversight Committee. Committee appointments are for three-year terms.

“The MLC Board and its nomina...

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