The International Confederation of Societies of Authors and Composers (CISAC) released its 2015 GLOBAL COLLECTIONS REPORT, concerning global royalty collections for the year 2014.
The total royalties collected in 2014 by CISAC’s 230 member societies, on behalf of the four million creators they represent around the world, returned to growth after a stable 2013. They amounted to €7.9 billion, up 2.8% from 2013. Had exchange rates not changed, total royalty collections would have grown 5% year-on- year.
Reflecting its commitment to bringing more information to the market faster, CISAC publishes a second economic report before the end of 2015, taking stock of the royalties collected worldwide by its member societies in the course of the previous year (2014). The first report published by CISAC this year (in February) concerned the figures for 2013.
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