Today, Sabam holds its general meeting at which the Belgian authors' association presents the 2017 results to its associates, authors, composers and publishers.
More royalties for more authors
In 2017, Sabam distributed more than € 117.5 million in royalties to authors, directors, screenwriters, composers, theatre makers, publishers, etc. That is € 11 million more than last year, or an increase of no less than 10%. Every month, Sabam distributes money to its authors, accounting for a total of 63 distributions in 2017.
This means that 81% of the royalties received in 2016 were already distributed among the associates of Sabam. This is a larger share than last year. In 2016, 75% of the royalties received in 2015 were distributed.
The number of authors and publishers receiving royalties is also increasing, to 13,893 to be precise. An increase of 6.7% compared to 2016.
More income for authors