TONO is currently distributing 190.1 million Norwegian kroner (equivalent to EUR 16 million) in December to songwriters, composers, lyricists, and music publishers within Norway, as well as to partner organizations in other countries, in the final of this year’s four major distributions. The payout is almost 50 million kroner (EUR 4.3 million) higher than the previous record high December payout a year ago.
Today, TONO distributes 240.2 million Norwegian kroner to composers, lyricists, and music publishers in Norway and abroad. Of this amount, 134.9 million Norwegian kroner is allocated to TONO’s members, including 72.2 million Norwegian kroner for concerts in Norway. – This is one of the largest disbursements in a quarter by TONO, and it is particularly pleasing to see such strong activity in the concert sector, says CEO Karl Vestli. The payout of distributions to sister societies of TONO in other countries will be made on October 18th.
TONO aims to be a driving force in the development of international copyright legislation and global cooperation in the field of rights management. TONO is therefore strengthening its international engagement by appointing Inger Elise Mey to the newly created position of Director of International Affairs.
TONO distributes 18.9 million euros to rights holders in Norway and abroad in this year’s second quarterly settlement. Out of the total settlement amount, EUR 5,66 million is distributed to TONO members, and EUR 12,81 million is distributed to composers, lyricists, songwriters, and music publishers abroad. The payout date to TONO members is June 9, while the payout to TONO’s sister societies will be on June 23.
The Norwegian collective management organisation TONO achieved record revenues of NOK 864.6 million in 2022, equivalent to approximately EUR 81.95 million. “We are especially pleased to see that concert revenues are back after two difficult pandemic years, and at their highest ever,” said Karl Vestli, CEO of TONO.
TONO has chosen Spanish Point Technologies as the supplier of new business-critical data systems. “This agreement means that TONO will be able to establish better systems for collective rights management (CRM) to meet the current and future expectations of members, customers and international partners,” says TONO’s CEO, Karl Vestli.
Today, TONO will be distributing this year’s third quarterly settlement to our sister societies abroad. Here is an overview of the areas TONO distribute, and other relevant information about the distribution.
Polaris HUB – a joint venture between the Nordic collective rights management societies Koda (DK), Tono (NO) and Teosto (FIN) – has entered into a licensing agreement with TikTok. The licensing agreement also covers the repertoire of the Icelandic society Stef.
Erik Brataas becomes the new CEO of Polaris Hub. He brings in a lot of experience and knowledge from 25 years of work within the music industry and the field of digital distribution.
Karl Vestli (53) has been appointed as the new CEO of the Norwegian collective management organisation TONO. He will take over from Cato Strøm, who is retiring after 33 years in the position. Vestli is currently Director of Strategy at the Norwegian Directorate of eHealth and has extensive experience from major Norwegian media companies, including Schibsted, Aftenposten and Dagens Næringsliv. He will take up his position on 1 October.