In 2019 TONO had gross revenue of NOK 771 029 047
After the legally obligated 2% deduction to the Norwegian Composers Fund (administered by the Ministry of Culture), loss and administration costs, NOK 617 642 471 was transferred to distribution. Administration costs were at 10,5 per cent.
Development, sources of income
// Numbers in mill NOK
TONO has reciprocal representation agreements with a large number of foreign sister organisations on every continent. Thus, TONO manages its sister organisations’ repertoire of copyright-protected music on Norwegian territory and visa versa. Some sister organisations manage several territories. This is pointed out when relevant.
REVENUES 2017
REVENUES 2018
REVENUES 2019
The graph below shows performance trends over the past 10 years. The result is the amount added to the funds available for distribution each year. MNOK.
