SACEM reports record $1.7b in global collections for 2024
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SACEM reports record $1.7b in global collections for 2024
French royalty collection society SACEM (Société des Auteurs, Compositeurs et Éditeurs de Musique) collected a record €1.6 billion (USD $1.73 billion at the average 2024 exchange rate) in combined domestic and international revenues in 2024, reflecting strong global growth driven by digital expansion. International revenues surged by 15% year-on-year (YoY) to €749 million, accounting for nearly half of SACEM’s total collections. This growth was …
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