Teosto distributes EUR 12.5 million to music authors and publishers
Today, on 21 March 2024, Teosto has distributed a total of EUR 12.5 million in royalties to composers, lyricists, arrangers, and music publishers. Of this amount, EUR 7.1 million was paid to Teosto’s domestic and direct members. In total, more than 7,000 music authors and publishers received royalties in March.
Teosto distributes royalties to its members four times a year. The royalties in this distribution were collected mainly during the third quarter of 2023 for music used in concerts, on radio and television, as background music, in online and streaming services, and in Yle Areena and the Nelonen Ruutu+/Ruutu services.
The amount distributed to an individual author may range from a few euros to thousands of euros, depending on how many times their work has been performed and their share of the work. In this distribution, the median amount distributed to a single music author was about EUR 95.
You can find more detailed information about the distribution categories included in this distribution and the times when the royalties were collected in the distribution calendar on our website.
March 2024 distribution about 10% larger than last year
The total amount of this March distribution is EUR 1.2 million larger than that of the March 2023 distribution. This is mainly thanks to the growth in royalties from online music use.
The decrease in radio and TV royalties is explained by the fact that the C More and MTV Katsomo services’ royalties for music use, which were previously paid as part of MTV3’s distribution, are being distributed separately for 2023 and are not included in the March 2024 distribution (unlike in March 2023).
For international royalties, one thing to note is that the payment of royalties collected from Germany will be delayed because the German tax authority has not yet provided a tax-at-source certificate. To avoid double taxation, Teosto has asked its German counterpart, GEMA, to wait until it receives the tax-at-source certificate before distributing the royalties.
Despite this, the amount of royalties from abroad has grown. This is, in particular, caused by an increase in the amount of royalties from Sweden.
The royalties distributed in March 2024 were collected for the following categories of rights:
| Category of rights | March 2024 EUR mil. | March 2023 EUR mil. |
| Radio and TV | 5.8 | 6.3 |
| Public performance | 2.9 | 2.8 |
| Online services | 2.7 | 1.3 |
| Multiple (foreign countries, corrections) | 1.1 | 0.9 |
| Total | 12.5 | 11.3 |
Distributions made four times a year
You can learn more about Teosto’s distributions on the Distributions page. Our members can also find details on their own distribution in our web service.
The total amount distributed by Teosto varies, depending on how comprehensively royalties can be collected in each music use category, and how quickly these can be allocated to the work to which they belong. Allocating the royalties requires work notifications submitted by music authors to Teosto for their own work as well as performance notifications or music use reports submitted by music performers and users.
Teosto distributes royalties to its member composers, lyricists, arrangers and publishers four times a year. After March 2024, the next distribution will be made on 13 June 2024.