Buma/Stemra Reports 2009 Results

Buma/Stemra Report 2009 Results
Dutch collecting society Buma/Stemra has reported stable performance rights income and a decrease in mechanical rights income in 2009. Buma has $164.6 million available for distribution to affiliated music authors, compared to $164.3 million in 2008, and Stemra collected $52.1 million in mechanical rights income, down 7.3 percent from the previous year. Membership grew to more than 18,000 lyricists, composers and music publishers in 2009, but the society blames the drop in mechanical rights income on the decline of income from the sale of CDs and DVDs, which has continued to drop at an increasing rate. (5/18)
 

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