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Introduction

Norwegian and Danish authors' societies TONO and KODA have reported their financial results for 2018. TONO registered a second straight year of record collections and distributions, while income for KODA edged down but remained above the DKK1bn ($158.5m) mark.

Highlights

  • TONO reports growth for all the major collection sources and for the second year in a row, total revenue for KODA exceeded DKK1bn ($158.5m).

Features and Benefits

  • Details the financial results for the two collections societies TONO and KODA.
  • Assesses collections by source and how royalty receipts for the two societies have risen over the last 10 years or so.

Key questions answered

  • What is the biggest revenue generator for Norwegian and Danish authors and publishers?
  • What share of total royalty receipts is generated by digital in Denmark and Norway?

Table of contents

Ovum view

  • Summary
  • TONO reports growth for all the major collection sources
  • Second year of billion-kroner collections for KODA

Appendix

  • Author

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