May, 2018 | The INTERNATIONAL CONFEDERATION OF COMPANIES OF AUTHORS AND COMPOSERS (CISAC) has presented a report that indicates that global collection of royalties for copyright, marks a new record in the year 2017 of 9,200 million of euros, where digital revenues on a global scale they have grown by 51% thanks to the greater efficiency of authors’ management societies. This figure represents an increase of 6% over the previous year.
For its part, the International Federation of the Phonographic Industry (IFPI, for its acronym in English) reports in its Global Music Report 2018 that the total income for that same year was 17.300 million of dollars, which represents an increase of 8.1% compared to the previous year.
MEDIA FOREST, an international consulting firm with more than 10 years of experience, is a unique audiovisual analytics platform that monitors TV, radio and online streams and provides real time, accurate, actionable and value-creating insights for bands and brands, as well as the wider music, entertainment and advertising industries. The corporation offers added value real-time reports for creators and musical performers as well as for the entertainment industry and advertising in general. Those reports detail the use of musical content by the diffusion channels, the control of advertising and political campaigns, as well as the mentions of spoken words.
Until now, collective management organizations and societies, music publishers, rights owners and international organizations could not generate value to their different interest groups for the lack of an independent auditor that could ensure proportionality between the income received by their members for their repertoires and contents and its diffusion through the different audiovisual media.
Through this consolidation of SFAI professional efforts and MEDIA FOREST technological ones, an adequate response of high economic impact is generated to a thriving industry such as entertainment through the protection and transparency of authors intellectual property assets, safeguarding and protecting their rights, promoting their defense in the administrative litigation areas and their defense in the field of justice.