French collecting society Sacem is the latest among its peers to announce more growth in 2016.
The society saw its collections rise by 3.9% year-on-year to €1.37bn ($1.53bn), while its distributions rose by 1.9% to €1.21bn.
Like PRS for Music, Sacem is keen to trumpet the spiralling amount of data it’s collecting from digital music services: its online collections rose by 42.6% based on “2.6 trillion usage data points processed”.
CEO Jean-Noël Tronc was ebulliant in his statements accompanying the figures. “Not only have we collected record revenues for our members and distributed record royalties to them, we have done so while ensuring a sustainable future for our members and other creators around the world by investing in innovative strategic initiatives such as our partnership with IBM,” said Tronc.
“We have also improved our operational processes to be able to distribute collections to our members and commercial partners more quickly.”
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