Last year's royalties music to composers' ears
Swiss composers and songwriters received a record amount of income from royalties and licensing fees in 2008.
This content was published on June 20, 2009
Suisa, the association for administering authors' rights, said on Saturday that it had generated more than SFr141 million ($130 million) last year, about seven per cent above the 2007 result.
Most of the money – nearly SFr122 million – will go directly to the composers and songwriters.
The income came from royalties for performing rights, a tax imposed on blank CDs, DVDs and digital music players as well as the payment of a longstanding debt by Spain.
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