Financial year 2022: GEMA stronger than ever with a record financial result

Despite the challenging situation in society and the economy as a whole, the German music collecting society and one of the world’s largest authors’ societies for musical works, GEMA, achieved its best result ever in 2022. Its total revenues for the financial year were EUR 1.178 billion (a more than 13 per cent increase on 2021’s EUR 1.039 billion). For the first time in GEMA’s history the distribution sum will exceed the billion-euro-mark. Munich -…

Source: RealWire

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