SACEM delivers record royalty distribution

SACEM

19 May 2017: Sacem, the leading international collective management organization, achieved record revenues in 2016 and returned more money to its members than ever before.

KEY HIGHLIGHTS

– Total collections rose 3.9% year on year to €1.37 billion;
– Revenue collected on behalf of Sacem’s members rose 2.6% year on year, to reach €884.3m;
– Revenue collected on a mandate basis on behalf of other rights-holders grew 6.5% to €486.7m;
– Distributions climb up 1.9% to €1.21 billion;
– Sharp 42.6% rise in online revenue collected, as 2.6 trillion usage data points processed;
– Further growth in membership, up 2.4% to 161,170;
– Revenue from private copying rose 6.1% to €82.8 million;
– €57.7m invested in almost 2,000 creative and cultural sustainability projects and social aids, ensuring the longer term future for music.