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CISAC publishes Global Collections Report
By Chris Cooke | Published on Tuesday 10 February 2015
CISAC, the global body that brings together the music publishing and songwriter communities’ performing rights organisations worldwide, has published its latest Global Collections Report, which presents a mountain of figures and stats relating to its members operations in 2013.
The figures are slightly confusing at first glance, not least because while PRS and its counterparts around the globe are best known for collecting the monies due when musical works are performed in public, distributed through broadcast channels and, increasingly, played via digital platforms, some collecting societies also collect monies for other creators, or other uses of content.
So while CISAC-affiliated societies collected €7.8 billion in total, €6 billion came from performing rights (a record high in that domain) and 13% was for non-music content. Add to that the impact of currency fluctuations on year-to-year comparisons, and your head will soon be aching.
But top line: performing rights are doing well, but not well enough to compensate for the declining income publishers and songwriters receive from record sales, meanwhile emerging markets are increasingly important and digital, while up 25%, still only represents 5% of what CISAC members collect worldwide.
Launching the report, CISAC Director General Gadi Oron told reporters: “Despite challenging economic conditions in many markets, total royalties collected by CISAC members remained stable. Excluding the impact of foreign exchange, the underlying growth trend of +4.6% in global collections is very encouraging for the future of the creative industries globally”.
He went on: “Other positive reports include a jump of 17% in royalty collections in the Latin America & Caribbean region and a sharp increase of 8% in collections for audiovisual repertoire. The BRICS markets [Brazil, Russia, India, China and South Africa] continue to show great promise leaping 30% over the previous year. These countries still have a huge untapped potential, with a mere €0.12 of collections per capita as compared to €1.30 world average”.
Meanwhile on the digital stats, Oron added to the mounting resentment occurring in the publisher and songwriter community about how much of the digital pie they are receiving by noting: “Royalty collections from digital services sharply increased in 2013 and we are extremely pleased with this result. Yet, they are still low and the potential for further growth is significant. In a world that is becoming increasingly digital, it remains a key priority for CISAC members to ensure that creators around the world receive a more equitable share in the online market”.
