In 2018, TONO had a gross turnover of kr 707 303 250
After statutory deduction of 2% to the Norwegian Composers' Fund (managed by the Ministry of Culture), losses and administrative costs were kr 558,661,011 transferred to distribution sums. The administration percentage was 11,3 percent.
At the end of 2018, TONO had 75 reciprocal agreements with sister societies in other countries. Some of the agreements cover several countries, and in total they give TONO representation in more than a hundred countries and territories. The reciprocal agreements mean that the companies collect remuneration for public performances of each other's repertoires in their respective countries and territories, and settle the funds back to the various companies for further settlement to the rights holders in the performed works.
TONO's international revenues have grown strongly in recent years, from NOK 30,3 million five years ago (2013) to NOK 79,3 million in 2018.
On November 27, it was 90 years since TONO was established in 1928. The anniversary year was marked with a visibility campaign (billboards on all NRK's music programs in 2018), an anniversary magazine in print and online, and an anniversary party at Røverstaden in Oslo for employees, elected representatives and some close partners on the anniversary day itself. The EDVARD awards for 2018 were also presented here.
The result is the amount that is added to the distribution sums each year. MNOK
