In 2020 TONO had gross revenue of NOK 712 381 506
After the legally obligated 2% deduction to the Norwegian Composers Fund (administered by the Ministry of Culture), loss and administration costs, NOK 558 661 011 was transferred to distribution. Administration costs were at 13,8 per cent.
Development, sources of income
// Numbers in mill NOK
TONO has reciprocal representation agreements with a large number of foreign sister organisations on every continent. Thus, TONO manages its sister organisations’ repertoire of copyright-protected music on Norwegian territory and visa versa. Some sister organisations manage several territories. This is pointed out when relevant.
REVENUES 2018
REVENUES 2019
REVENUES 2020
The graph below shows performance trends over the past 10 years. The result is the amount added to the funds available for distribution each year. MNOK.
