Global creators’ collections grow by a record 26.7% to EUR12.1 billion in 2022 | IFACCA - International Federation of Arts Councils and Culture Agencies

News / Global creators’ collections grow by a record 26.7% to EUR12.1 billion in 2022

Global creators’ collections grow by a record 26.7% to EUR12.1 billion in 2022

CISAC,
26 October 2023, France

Global royalty collections for creators reached a historical high point of EUR12.1 billion in 2022, growing by a record 26.7% in a full recovery from the pandemic. Collections are now 19.8% higher than their pre-pandemic level, driven by continued strong growth in digital income and a recovery in live and public performance. Digital collections, boosted by continued growth of streaming and subscription, rose to EUR4.2 billion. Digital income has doubled since the pre-COVID level of 2019 and is now, for the first time, creators’ biggest income stream, overtaking TV and radio, with 35% of total collections.

https://www.cisac.org/Newsroom/news-releases/global-creators-collections-grow-record-267-eur121-billion-2022

France France banks on cultural relations to strengthen ties as Creation Africa Forum kicks off

France Has Adopted a New Bill That Will Fast-Track the Return of Artworks Looted During World War II

See all news from France

Europe Mapping trends and best practice in climate action and sustainability in the arts

The British Council Strategic Literature Review: Climate Change Impacts on Cultural Heritage

See all news from Europe

Technology and digitalisation Abu Dhabi Gaming to integrate with Department of Culture and Tourism – Abu Dhabi

Authors and artists take the fight to Big Tech on AI

See all news from Technology and digitalisation

Film, television and other screen-based works España y Uruguay suscriben un acuerdo internacional para la coproducción cinematográfica y audiovisual

Culture minister says Thailand’s film industry is set for transformation with new self-regulation bill