Teosto distributed more than EUR 16 million to music authors and publishers
Today, 15 December, Teosto has paid a total of EUR 16.6 million in royalties to composers, lyricists, arrangers and music publishers. Of the total, EUR 8.2 million was paid to Teosto’s Finnish members. The rest of the royalties was paid to foreign authors and publishers through international organisations. In total, over 7 000 music authors and publishers received royalties in December.
Teosto makes distributions once every quarter. The royalties in this distribution are for music used in concerts, radio, television, as background music, in online and streaming services, the Ruutu and Ruutu+ services and in Yle Areena mainly during the second quarter of 2022.
The amount paid to an individual author may vary from a few euros to thousands of euros, depending on how many times their work has been performed and their share of the work. The median amount distributed to a single music author was about EUR 99.
The December 2022 distribution is about EUR 4.4 million larger than the December 2021 distribution
The larger distribution is mainly caused by the increased royalties from the TV category and larger royalties from online and streaming services. The larger royalties from online and streaming services are a result of royalties accumulated in 2018–2020 that are now being distributed as a lump sum. The larger amounts of royalties from abroad are caused by the different distribution cycles of foreign collective management organisations.
The increase in events such as concerts after COVID-19 is gradually starting to be reflected in distributions. Last December, only about EUR 30,000 was distributed as concert performing right royalties, whereas this year the distribution from the corresponding period is EUR 510,000.
Teosto collected royalties for the public performance, broadcasting and reproduction of music as follows:
The royalties paid in December 2022 were collected for the following categories of rights:
|Category of rights||December 2022 M€||December 2021 M€|
|Radio and TV||6.8||5.3|
|Multiple (foreign countries, corrections)||1.9||1.1|
Distributions are made four times a year
You can find out more about Teosto’s distributions on the Distributions page.
The total amount distributed by Teosto varies, depending on how comprehensively royalties are collected in each music use area, and how quickly these can be targeted at the work to which they belong.
Allocating the royalties requires work notifications submitted by music authors to Teosto for their own work as well as performance notifications or music use reports submitted by music performers and users.
Teosto distributes royalties to its member composers, lyricists, arrangers and publishers four times a year. After December 2022, the next distribution will be made on 24 March 2023.