This week, TONO will pay NOK 54,7 million to licensees at home and abroad. In addition, NOK 14,2 million will be paid from TONO's subsidiary NCB to TONO's members.
/ 08/12/2015 / codexThis week, TONO will pay NOK 54,7 million to licensees at home and abroad. In addition, NOK 14,2 million will be paid from TONO's subsidiary NCB to TONO's members.
TONO settles performance fees to composers, lyricists and music publishers four times a year. In the last ordinary quarterly settlement of the year, the company settles a total of kr NOK 54,7 million in December. Of this, kr 23,6 million to members of TONO, kr 28,9 million goes to rights holders abroad and kr 2,2 million is reserved for unidentified rights holders/musical works and for disputed rights.
The areas for which the settlement is made are as follows:
NCB settlement for TONO members
In addition to TONO's settlement to licensees at home and abroad, 14,2 million has been settled to TONO's members from NCB. The NCB settlement now in December includes, among other things:
Please note that the NCB vouchers in the "My TONO" member service will only be available later this week.
Questions can be directed to member service by phone at 22 05 72 80 or medlem@tono.noAny complaints must be in writing and sent to TONO by February 1, 2016.
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