TONO generated gross revenues of NOK 997 896 781 in 2023.
This is an increase of 15,41 per cent compared with 2022. After a 2 per cent deduction payable to the Norwegian Composers’ Fund, as well as losses and administrative costs, TONO had NOK 847 982 395 for distribution to rights holders, a decrease of NOK 130 633 916 compared with 2022. Expenses totalled 12,87 per cent of revenues in 2023.
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.
// 2021-2023
// 2014-2023, Numbers in mill NOK.
// 2014-2023, Numbers in mill NOK