Tag Archives: Jean-Michel Jarre

CISAC Global Royalty Collections Top $10 billion

In November, the International Confederation of Societies of Authors and Composers (CISAC) has announced annual royalty collections of €9.2 billion ($10.1 billion).

This represents a 6% increase for the organization that represents 239 creators’ societies in 121 countries. There was a 52% increase in digital revenues. However, CISAC President Jean-Michel Jarre said that, even with this growth, collections are nowhere near the level where they should be. “Large industries that use creative content are driving down the value of our works. A simple illustration of this is the ‘transfer of value’ in the digital market where platforms such as YouTube are paying mere crumbs to authors,” he says.