TONO opens the door for Norwegian songwriters, composers, and lyricists to register new music created in collaboration with artificial intelligence.
In September, TONO distributed a total of €20.2 million to rights holders, at home and abroad. This distribution represents our third of the year.
In an extraordinary general meeting on Wednesday, TONO’s members approved new general principles outlining how TONO shall distribute royalties to rights holders.
Establishing a new distribution model is the top priority for TONO’s newly elected board of directors. The goal is to adopt general principles for distribution at an extraordinary general meeting already scheduled for autumn 2024.
Nearly 30,000 TONO members are on the receiving end of the largest June distribution in history. At 256.4 million kroner, this year’s summer payout is over 36 million more than last year’s.
This year’s first distribution from TONO amounts to 118 million Norwegian kroner, roughly equivalent to EUR 10,2 million. A total of 53,3 million kroner, 4,6~£ million Euro, is allocated to rightsholders across the globe.
TONOs collections for 2021 increased by 18.9 percent compared to 2020 and ended at all-time high for the company at EUR 88.8 million. Administration costs totalled 10.6 percent of revenue.
TONO is moving from its offices in Grønland, Oslo. The organisation moved in to Galleri Oslo in 1989, but from january 1, 2022 we will be located in Møllergata 4 in central Oslo. Our new postal and visiting address will be as follows: TONOMøllergata 40179 OsloNorway Our telephone number and bank details remain unchanged. Please […]