Germany's GVL Collected $260 Million for Rights Holders in 2018

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Germany's GVL Collected $260 Million for Rights Holders in 2018
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GVL, the German society for administering neighbouring rights, collected approx. €230 million euro ($261 million) for artists, producers and event organizers in 2018.

GVL, the German society for administering neighbouring rights, collected approximately €230 million euro for artists, producers and event organizers in 2018, a 25.9 percent decline of income compared to the previous year's high of €310 million euro due to high payments in the private copying sector in 2017. Guido Eversin Berlin. "The result has turned out to be significantly higher than we had originally anticipated.

Those who render artistic performances or create the respective financial basis for the latter must receive money for the exploitation of their performances. GVL captures and manages such exploitations.

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