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Collective Management Organisations

SACD posted in 2023 record collections of €269.1 million, up 4.5% year-on-year

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France's rights society for the drama repertoire SACD posted record revenue of €269.1 million in 2023, up 4.5% compared to the previous year, thanks mainly to "the sharp increase in live performance activity and the stability of the audiovisual sector after a record year," according to the Paris-based organisation.

SACD distributed €235.1m in royalties to authors in 2023, up 0.6% compared to the previous year. The distribution from live performance activity was up 13%, while distribution fro...

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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

IMRO’s revenue reached an all-time high in 2023, up 8% year-on-year to €45.8 million

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The Irish Music Rights Organisation (IMRO) posted revenue of €45.8 million in 2023, up 8% compared to 2022. The Dublin-based society said financial results for 2023 reached an all-time high.

Media Licensing accounted for the largest share of revenue, up by 8% to €25.2m, driven primarily by "increases in online and international revenue." Collections from the live concert industry experienced "a significant resurgence," up 27% to €7. International revenue also witnessed "significant growth,"...

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Collective Management Organisations

Greg Aiello replaces Andrea Gray as Managing Director of PPL PRS Limited

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British music rights society PRS for Music and neighbouring rights society PPL have appointed Greg Aiello as Managing Director of their joint venture PPL PRS Limited, which collects performance rights on behalf of borh organisations.

Aiello — who was Commercial Director at PPL PRS - takes over from Andrea Gray, who has decided "to step down" after almost five years in the job, according to a statement from PPL PRS. Gray was the inaugural leader of PPL PRS, overseeing the establishment of the...

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Collective Management Organisations

IMRO renews its partnership with ICE and prepares for monthly royalty distributions

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The Irish Music Rights Organisation (IMRO) has extended its agreement with digital music licensing hub ICE (International Copyright Enterprise) over a new multi-year period.

"This extension highlights the continued success of the partnership between IMRO and ICE, and underscores IMRO's dedication to providing its members with the best possible service in the digital age," said the Dublin-based society in a statement.

IMRO's Victor Finn

"We are delighted to continue our collaboration w...

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