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Introduction

Collective management organizations ASCAP, GEMA, and PRS for Music have all reported record financial results for 2016.

Highlights

  • US CMO ASCAP reported a new record for royalty collections, with revenue exceeding $1bn for the third straight year. Distributions also edged closer to the $1bn mark.
  • Collections by German CMO GEMA also topped previous records and exceeded the billion-euro level for the first time.
  • UK CMO PRS reported a record year for performance royalty collections, with almost all the main income sources registering a year-on-year rise.

Features and Benefits

  • Details the 2016 collection results for three of the world's biggest CMOs.
  • Assesses the results published and evaluates the different CMO income streams.

Key questions answered

  • What effect on GEMA collections did the body's licensing deal with YouTube have?
  • What share of PRS collections is generated by streaming?

Table of contents

Ovum view

  • Summary
  • Domestic collections boost ASCAP revenue
  • GEMA collections buoyed by YouTube and private copying
  • PRS for Music distribution milestone

Appendix

  • Author

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