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NEWS
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JASRAC's Collected License Fees Are Expected to Greatly Reduce From Last Year's Highest Record Due to COVID-19

On November 24, 2020, JASRAC (Japanese Society for Rights of Authors, Composers and Publishers) published in press conference held in Tokyo that JASRAC's collected license fees in 2020, greatly influenced by the spared of COVID-19, are expected to be 108.7 billion yen, a great reduction as compared to 117.6 billion yen in 2019 that had made the highest record.
On the other hand, according to JASRAC, since the sum of distribution is influenced by the sum of collected license fees in 2019, it is expected to make the highest record successive two years and to be 118 billion yen.
The sum of license fees collected from interactive distributions is expected to be 15.57 billion yen (74.4 % increase compared to the same period of the last year) as a result of great increase in license fees from video sharing sites and music subscription services.


https://www.bengo4.com/c_23/n_12016/













































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