Gema cuts online childbirth from Royalty Peokrake for texts for texts in Europe

OVer for the past few years, because European societies intensely competed for affiliates, they reduced the amount of money held for online cardboard. Gema, German Pro, is the last of the big three that will do it, after PRS for music (UK) and the Success (France). But on Monday (15. September), he announced plans to reduce his Commission for Network Cardboard Cardboard at 7% to 2027. years, compared to 8% of the Accused by PRS and Sacem.

The exact specifics of precise tantias differing differ, but a small rate refers to the income from the giant music transfer of music, including spotify and apple music. And while new rates are competitive, they also reflect lower costs of collecting and distributing this income, especially compared to money coming from radio stations or restaurants. In some cases, most of this online income comes through other societies.

All this is relatively recently. The Sacem and PRS moved to 8% this year – according to 9% and 10%, respectively. In the case of a gem, to reduce the percentage, it returns from running 10% to certain foreign revenues, often in line with the role of ice, a hub, which acts as a joint investment in the role of ice, a hub, which acts as a joint investment in the role Ice. With a shot, the largest society in Europe, it could also be seen as the center.

New prices will have a significant impact on the gem. Currently, this income is only in the quarter of the total income of the organization, so it will change tantiems that pays 6 million euros ($ 7.1 million) a year by 2027. “A measure of successful collection of society is the amount of money paying to its members” Thomas ThuneThe Executive Director of the Gem that oversees online licensing, he said in a statement. “Thanks to our digital processes and fully automated IT systems, we can already licenses and distribute more efficient than ever. In return, it means we can transfer even more money to our members.”