TONO settles 124,6 million

In its September settlement, TONO settles NOK 124,6 million to rights holders in performed works at home and abroad.

 / 15/09/2015 /

In its September settlement, TONO settles NOK 124,6 million to rights holders in performed works at home and abroad.

The areas that have been settled are:

73 million to Norway, 48 to abroad
Of the 124,6 million kroner that has been settled, kr 73 million to members of TONO and kr 48 million to rights holders abroad, while kr 3,6 million is reserved for unidentified rights holders/musical works and for disputed rights. These will be paid out at a later date when these cases have been clarified.

NCB settlement for online
In addition to TONO's settlement, 6,6 million has been settled to TONO's members from NCB, a company TONO owns together with the other Nordic management companies. NCB settles on behalf of these management companies for the lion's share of online usage. The NCB settlement now in September includes, among other things:

Member questions can be directed to member service on 22 05 72 80 or medlem@tono.noAny complaints must be in writing and sent to TONO by November 2, 2015.

Media inquiries:
Willy Martinsen, communications manager at TONO, mobile 909 65,254, email: willy.martinsen@tono.no

About TONO:
TONO is a non-profit cooperative, founded in 1928, owned and managed by its members: composers, songwriters, lyricists and music publishers. TONO manages performance rights for musical works in Norway and collects remuneration for their public performance. TONO currently represents nearly 27,000 Norwegian composers, lyricists and music publishers. Through mutual representation agreements with similar companies in other countries, TONO practically manages the world repertoire in Norway. As a non-profit organization, TONO's results are transferred to the rights holders in performed works. TONO thus facilitates the use of music in society, while at the same time providing TONO's members with a basis for constantly creating new musical works. For more information: www.tono.no

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