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Songwriter CMOs collected €12.59 billion in 2024, but AI "threatens future of creative sector”, says CISAC
CISAC has published its annual ‘Global Collections Report’, showing that songwriter CMOs collected €12.59 billion in 2024, with total collections up 7.2% year-on-year. However, CISAC chief Gadi Oron says, despite the growth, challenges caused by AI “threaten the future of the creative sector”…