MI2N
Music Industry News Network
SATURDAY, DECEMBER 16TH
Advanced Search
MusicDish Advertising Network
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 03-29-2014

GEMA Posts Positive Result For 2013

Bookmark and Share

2013 was a successful fiscal year for GEMA bringing in around €852.4 million in revenue for copyright holders around the world. This marked a 3.9 percent or €32.2 million increase on the previous year. One reason for the increase was the new rates schedules that GEMA agreed with broadcasters and that apply retrospectively from January 1, 2009.

In 2013 the operative cost rate fell by 3.2 percent to 14.9 percent (2012: 15.4 percent).

GEMA also made several strategic investments last year to better fulfil its task of managing copyrights on behalf of composers and lyricists, and of providing an important prerequisite for the success of their creative work, both now and in the future. The general cost rate of 15.6 percent in 2012 increased slightly by a proportion of 1.9 percent to 15.9 percent in 2013.

Both positive and negative developments could be seen in GEMA's different sources of income, and these reflected general developments in the music industry.

Overview of GEMA'S most important sources of revenue

Recordings
For several years now, there has been a decline in business in traditional recording media and an increasing tendency to use music online. That trend remained in place in 2013, with income from the recordings business continuing its sharp decline. In the last business year, revenue from this source totaled around €110.4 million. Compared with the previous year, this constitutes a reduction of €6.6 million or 5.6 percent. (2012: €117.0 million, 2011: €126.6 million, 2010: €161.5 million, 2009: €164.5 million, 2008: €171.6 million).

Online
GEMA's online business developed positively in 2013. Compared to last year, total revenue increased by €9.5 million, or 56.2 percent, to a total of €26.4 million. The reasons for this were new contracts and a general increase in invoicing volume as a result of higher demand for online services such as downloads and streaming. (2012: €16.9 million, 2011: €21.2 million, 2010: €13.3 million, 2009: €10.6 million, 2008: €7.3 million).

Radio and television
Thanks to the conclusion of contract negotiations with German public broadcasters ARD and ZDF on tariffs from 2009 onwards, GEMA was able to generate total revenue of €292.2 million from radio and television. This constitutes an increase of €31.4 million or 12 percent compared to the previous year (2012: €260.8 million, 2011: €257.4 million, 2010: €257.1 million, 2009: €283 million, 2008: €237.5 million).

Regional offices
Proceeds from the regional offices remain high. In 2013, these posted a significant increase in income once again, improving by €3.2 million, or one percent, compared to the previous year, to a total of €326.6 million. With this result, the regional offices remain GEMA's most important source of income, as has been the case for several years now. (2012: €323.4 million, 2011: €312.0 million, 2010: €299.1 million, 2009: €294.6 million, 2008: €286.1 million).

The share of mandates for collection on total income amounted to €162.1 million.

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

The Ed Sheeran Of The Hare Krishna World: Meet Cyril Wohrer

"Mountain Songs" Music From The Heart Of The Mountains

Hybrid Studios Now Offering Online Disklavier Services

Roger D'Arcy Releases 'TUMBLING' From Latest Album HOUSE OF HEADS

Katie Garibaldi Releases Original And First Ever Holiday Album, Home Sweet Christmas

Dark Avenue Premiere "The Light" Music Video

A True Life Touching Song Wins Top Honors In The 22nd Annual USA Songwriting Competition



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Kobalt Capital Closes Second Music Royalties Fund With $600 Million In Investment Capacity
» Rare 78rpm Records Are Being Digitized Using Prism Sound Titan Audio Interfaces
» Asylum Records Relaunched In U.S.
» Emiko Releases New Music Video Highlighting Survivors Of Sexual Abuse
» Billboard Single “God With Us” By CLARĒTA Haddon Gains Mainstream Radio Traction
» Jon Batiste Becomes Music Director Of The Atlantic
» Amazing Music Tracks - Free Music Licensing
» Rick Vines All Stars Travel To SPACE! Mon Dec 4th!
» LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits
» New Rock Band Cathedral Reign Recording New Music


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Lithuanian Band Grabs Bronze At The Silk Road Indie Music Festival 2017
» Live Entertainment Specialists Headliner Launch Premium Artist Booking Service
» Voice-Controlled Speakers & The Music We Listen Too
» Nordic & British Musicians' Unions' Joint Statement On Sexism In The Music Industry
» Women Make An Impact On The 2018 MPG Awards Shortlist
» The Nashville Musicians Sound Healthcare Plan Rolls Out
» Streaming & Listening Diversity - Spotify Case Study
» Two-Sides Of Copyright Finance: Sound Royalties & Kobalt
» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes
» Europe's Digital Music Leaders Form Alliance
» Pandora Subscriber Base Grows To Over 5 Million
» Hybrid Studios Announces Online Mastering Services

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2017 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.