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- Distribution Results for 2024-03 Period and Fiscal 2023-Amount Distributed in Fiscal 2023 Was 135.1 Billion JPY, the Largest in History, and Royalties Were Distributed to More Than 3 Millon Works for the First Time-
-Amount Distributed in Fiscal 2023 Was 135.1 Billion JPY, the Largest in History, and Royalties Were Distributed to More Than 3 Millon Works for the First Time-
On March 11, 2024, the Japanese Society for Rights of Authors, Composers and Publishers (JASRAC) distributed copyright royalties to rights holders including authors, composers, and music publishers for the 2024-03 period. The amount distributed for the relevant period was 37,287,126,155 JPY, which is 102.4% compared to the same period in the previous year (*1).
As a result, the amount distributed in fiscal 2023 (Cumulative amount for 2023-06, -09, -12 and 2024-03 distribution periods) was finalized, which was 135,126,441,396 JPY. This is 107.5% compared to the amount for the previous fiscal year, which was the largest in history. It is the first time that the distribution amount exceeded 130 billion JPY. This distribution primarily reflects royalty income in the second half of fiscal 2022 (October 2022 to March 2023) and the first half of fiscal 2023 (April to September 2023) (*2).
Royalties were distributed to 3,121,804 works in fiscal 2023. It is the first time that the number of works subject to distribution exceeded 3 million. Rights holders who were entitled to receive those royalties, including distribution through music publishers, amount to 85,801 writers and 3,071 music publishers. Furthermore, royalties are distributed to 414,254 writers and 51,233 music publishers through 120 foreign sister societies.
<Major topics by usage category (fiscal 2023)>
| Performances, etc. Major live concerts, etc. |
Due to an upward trend in admission fees (ticket price), which are a basis for calculating royalties, distribution for "Performances, etc." was approximately 5.85 billion JPY (115.8% of the same period for the previous fiscal year). In addition, as the number of performances of both domestic and overseas artists at domes and arenas increased, distribution for "Major live concerts, etc." was approximately 3.51 billion JPY (185.2% of the same period for the previous fiscal year). |
| Foreign income | As the streaming businesses were steady mainly in the U.S. and France, the distribution for the performance rights was approximately 1.46 billion JPY (127.4% of the previous fiscal year) and the distribution for the mechanical rights was 0.44 billion JPY (126.4% of previous fiscal year). |
| Reproduction for games | Due to the introduction of many new models into the market for smart pachinko and smart slot-machine pachinko, the distribution for "Reproduction for games" was approximately 2.98 billion JPY (105.9% of the previous fiscal year). |
| Interactive transmissions | As the markets for online video services and music subscription services show steady growth and the license agreements with some large streaming services were renewed, the distribution for "Interactive transmissions" was approximately 46.52 billion JPY (112.2% of the previous fiscal year). |
JASRAC will continue to strive for the development of the music industry and music culture by returning to creators and rights holders the compensation they deserve.
*1. When the money is wired to right holders, deductions will be made from the aforementioned distribution amounts, including administrative expenses and income tax.
*2. Time required from receipt to distribution of royalties differs depending on the category.
(Reference) Distribution Results for 2024-03 Period and Fiscal 2023