The event-filled summer and online music use significantly increased the amount of royalties

Teosto, which collects royalties for composers, lyricists, arrangers and music publishers, achieved a record result in 2022. This information is included in Teosto’s annual report and financial statements, which were approved by Teosto’s General Meeting on 17 May 2023.

In 2022, the total royalties for the use of music collected by Teosto reached a record high of EUR 80.7 million (2021: EUR 70.1 million).

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