(Oslo, 28 May 2024) TONO received revenues totalling NOK 997.9 million in 2023. For the first time, streaming was the largest source of revenue for the collective rights management society, and the Norwegian music industry can celebrate the fact that TONO’s repertoire was exported as never before in 2023.
TONO is now modernizing the concert tariff to better reflect the reality of the concert market, where ticket sales often only represent a portion of the total concert revenues. At the same time, TONO is eager for organizers to have ample time to adjust to the changes, and therefore, the model will be fully implemented from 2027.
TONO’s distribution model is being modernized to meet the requirements of the new Collective Management Act, as well as other demands and expectations from the external environment that TONO is obliged to address.