TONO's board 2024-25. Photo: Stig Jarnes/Say Cheeze
TONO's board has developed new main principles for TONO's distribution and settlement of remuneration. The board is unanimous in recommending that TONO's voting members adopt the principles at the extraordinary annual meeting on 28 August.
/ 14/08/2024 / Willy MartinsenTONO's new board has developed new main principles over the summer for how TONO will distribute and settle remuneration to composers, lyricists and music publishers.
The principles are clear, easy to understand, and follow a European standard by being recognizable with the principles already adopted by other European collective management societies. TONO's board of directors collectively supports a recommendation to TONO's voting members to adopt them at the extraordinary annual meeting.
The background to the board's work to develop new main principles for TONO's distribution practices is that TONO's annual meeting in June voted against the original proposal.
The board and administration acknowledge that the principles and information presented at the annual meeting could create uncertainty about what should be adopted. TONO has also noted the criticism that members were not given sufficient information or time to familiarize themselves with the matter. This is now being addressed through clearer principles and by arranging a new information meeting. This will be held on 19 August at the Popsenteret in Oslo, with the possibility of digital participation.
Read more: "Members with voting rights have received an invitation to the extraordinary annual meeting"
It is crucial that the extraordinary annual meeting adopts the new principles so that a modernized accounting model can be implemented. This will ensure that TONO's operations comply with Norwegian law, relevant EU directives, international CISAC business rules and strict requirements from both sister societies and members. The TONO board therefore encourages voting TONO members to attend both the information meeting and the annual meeting, and to vote in favor of the new principles.
Further details about the information meeting and the annual meeting, as well as relevant documents, have been sent to TONO's voting members by email on August 14. Also read this story: "Members with voting rights have received an invitation to the extraordinary annual meeting".
See the principles here (pdf document)
Related articles:
"Members with voting rights have received an invitation to the extraordinary annual meeting" (August 14)
"Extraordinary TONO annual meeting on settlement principles" (June 27)
"New settlement model most important for TONO's board" (June 17)
"Changes in TONO's settlement model" (May 28)
Ole Henrik Antonsen, Chairman (NOPA)
Mia Hallesby, Deputy Chairman (Music Publishers)
Knut Olaf Sunde (Norwegian Composers' Association)
Camilla Granlien (Independent)
Kristian Dugstad (Employee Representative)
Tove Bøygard (NOPA)
Frithjof Hungnes (Music Publishers)
Lise Fjelde Reiersen (Employee Representative)
Kristin Bolstad (Norwegian Composers' Association)
Halvard Rundberg (Independent)
Glenn Nilsen (Employee Representative)