Annual Report 2020

Annual and transparency report 2020

The EU Directive on Collective Rights Management (2014/26/EU) was adopted in 2014, and will likely be implemented into Norwegian law during 2021. The law will require the production of an annual transparency report. TONO welcomes the directive and the requirement for a transparency report, and for the 2020 financial year has chosen to produce an annual report that includes the information that the directive, in our opinion, requires.

It is TONO's wish that the annual and transparency report will provide deeper insight into and understanding of TONO's unique nature, operations, finances and governance - both among our members, sister societies,  customers, the rest of the music industry and other interested parties.