TRANSPARENCY REPORT 2019
Directive 2014/26/UE, Article 22
Legislative Decree No. 35/2017, Article 28
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia 1 www.siae.it
TRANSPARENCY REPORT 2019
TABLE OF CONTENTS
SIAE’S CORPORATE BODIES, OFFICES AND AGENCIES 4
INTRODUCTION 6
1) Information provided according to the Annex referred to in art. 28, subparagraph 2 of the 6 Legislative Decree no.35 of March 15, 2017 a) Budget documents: Balance Sheet, Income Statement and Cash Flow Statement 6
b) Description of the activities performed throughout the accounting period 24
c) Details regarding the refusal to confer a license in accordance with art. 22, subparagraph 2 25
d) SIAE Legal and governance structure 25
e) Entities directly or indirectly owned or controlled by SIAE 28
f ) Remunerations paid to the Supervisory Board and to the Management Board 29
g) Financial information referred to in point 2 30
h) Special Relation regarding the utilization of the amounts deducted for social, cultural and 30 educational purposes 2) Financial information referred to in point 1, letter g 33
a) Financial information regarding the rights incomes – Premise 33
b) Financial information on the cost of rights management and other services provided by the 37 Company to the right-holders c) Financial information regarding the amounts due to the right-holders 44
- MUSIC REPERTORY 57
- CINEMA REPERTORY 63
- DOR-LYRIC REPERTORY (Theatre, Opera and Ballet and Radio and Television works) 69
- OLAF REPERTORY (works of Visual Arts and Literature) 75
ANNEX 1: Relations with other Collective Management Organizations 83
Indipendent Auditors’ Report 107
Report of the Board of Auditors 113
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SIAE’S CORPORATE BODIES, OFFICES AND AGENCIES As at the approval date of 2019 Management Report
PRESIDENT Rapetti Mogol Giulio
MANAGEMENT BOARD Dubini Paola Buia Claudio Purgatori Andrea Razzini Roberto
SUPERVISORY BOARD Lavezzi Bruno Mario (President) Franchini Paolo (Vice President)
Amore Francesco Levi Matteo Angrisano Alessandro Levi Riccardo Franco Barbagallo Angelo Lopez Luigi Bernarda Dino Minellono Cristiano Biocca Antonio Carmine Montanari Piero Romano Borgatti Gianfranco Perilli Paola Buticchi Andrea Pirazzoli Giuseppe Caccamo Giovanni Pischiutta Roberto Giacomo Cantini Fabio Massimo Ranieri Martinotti Francesco Carboni Claudio Rinaldi Giuseppe Costa Vittorio Rizzi Antonella De Martino Giuseppe Solbiati Alessandro Di Bari Romano Sorci Roberto Distefano Riccardo Sugar Filippo Nicola Flora Giovanna Trainini Maria Romana Gramitto Ricci Alfredo Verona Tonino Leonardi Piero Federico Villevieille Bideri Silvia
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ADVISORY COMMITTEES
MUSIC SECTION CINEMA SECTION Angrisano Alessandro Barbagallo Angelo Benini Massimo Barbanente Mariangela Bernarda Dino Clemente Agostino Chiaravalle Valeriano Conforti Michele Costa Vittorio D’Aversa Marina De Martino Giuseppe Mazzotta Carlo Galletti Anna Occhipinti Alessandro Lopez Luigi Minellono Cristiano Zukar Paola
DOR SECTION OPERA SECTION Amurri Valentina Battistelli Giorgio Cavosi Roberto Cannito Luciano Mattia Distefano Riccardo Corrado Pasquale Flora Giovanna Moro Laura Giovanna Longoni Gianmario Ostali Piero Meazza Alessandro Savasta Alessandro Perilli Paola Sarcinelli Stefano
OLAF SECTION Casonato Laura Castagnone Prati Mariagiulia Foschini Cristina Hoepli Giovanni Ulrico Carlo Mazzoni Eleonora Vigevani Marco Enea
BOARD OF AUDITORS INTERNAL AUDIT Belmonte Laura (President) Antonio Urrata Fiori Giovanni Nova Massimiliano Supplenti: De Buglio Massimo Romani Barbara
MANAGING DIRECTOR Blandini Gaetano
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INTRODUCTION On 27 March 2017, Legislative Decree No. 35, of March 15, 2017, containing the "Implementation of Directive 2014/26/EU on the collective management of copyright and related rights and on the granting of multi- territorial licenses for rights on musical works for online use in the internal market", was published in the Official Gazette of the Italian Republic (No. 72).
The decree, in particular, transposes the Community rules by establishing the requirements to ensure the proper functioning of the management of copyrights and related rights and for the granting of multi- territorial licenses by Collective Management Organizations for the online use of musical works in the internal market.
Art. 28 of the decree introduced the Annual Transparency Report as a mandatory document, including the Special Report on the use of the amounts deducted for the provision of social, cultural and educational services. The Annual Transparency Report must contain at least the information required by a specific Annex to the decree.
In addition to the Transparency Report, SIAE draws up and transmits to Parliament and the Supervisory Bodies an annual report on the results of the activity carried out, relating to the profiles of transparency and efficiency.
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1) Information provided pursuant to Annex referred to in Art. 28, subparagraph 2 of Legislative Decree No. 35 of March 15, 2017 a) Balance Sheet documents: Statement of Assets and Liabilities, Profit and Loss Account and Cash Flow Statement SIAE draws up its own Annual Management Report pursuant to Book V, Title V, Chapter V, Section IX, of the Italian Civil Code (Legislative Decree No. 35/2017, Article 8, paragraph 1 letter d) point 3), as amended by Legislative Decree No. 139/2015, and the accounting standards issued by the Italian Accounting Standards Setter (OIC), updated in 2016.
Moreover, starting from January 1, 2005, SIAE had already voluntarily submitted to the accounting control in accordance with the provisions of Art. 2409-ter of the Italian Civil Code (now article 37 of Legislative Decree No. 39 of January 27, 2010).
The following documents were produced in the Management Report closed at 31 December 2019:
- Statement of Assets and Liabilities, Profit and Loss Account and Explanatory Note;
- Management Report:
- Cash Flow Statement;
- Separate reports relating to the “Copyright Authentication” (Ge.Vi), “Solidarity Fund” and “PER CHI CREA” (“For those who create”) Project (COPI) managements. 6 TRANSPARENCY REPORT 2019
As already mentioned, SIAE draws up the management report in accordance with current legislation. SIAE’s report is therefore structured according to a scalar form which highlights the operating result as the difference between the value and production costs (so-called A-B) and shows the result of financial management separately.
However, this method of representation does not allow to highlight the real SIAE’s production cycle which differs from that of normal industrial companies. SIAE, as mentioned, is characterized by an inverted cycle that sees the revenue preceding the expenditure, making the economic parameter A-B (difference between value and production costs) of little significance.
The peculiarity of generating liquidity physiologically involves the production of financial income (similarly to what happens in all international Collecting Societies). The presence of sums awaiting processing and allocation to the rights-holders, is found in the financial statements:
• in the statement of assets and liabilities: among cash and cash equivalents, current assets and financial fixed assets, and on the liability side (debts) as sums intended for the distribution at the outcome of the processes for identifying the rights-holders according to the repertoire used; • in the profit and loss account: among income from financial management. The sums awaiting distribution (classified in the accounts as debts) are present in all Collecting Societies; for SIAE they represent 65% of the liabilities.
Needless to say, due to the specificities of the Collecting Societies mentioned above, the financial component deriving from the use of the sums to be distributed represents a typical element of the core business (namely from ordinary operations) and the parameter "Difference between value and production costs” (so- called “operating margin”) is not significant.
The Barnier Directive itself acknowledges the peculiarity of Collecting Societies to generate financial income deriving from the use of the sums pending distribution, leaving to the Associate Members the decision to distribute them or use them in deduction of management costs (as SIAE and the main foreign sister companies have always been operating). The Assembly, which met on 18 July 2019, decided to allocate the financial proceeds to cover management costs.
It should also be worth thinking about the fact that SIAE is a non-profit company and, therefore, its "mission" is not to generate profits to be distributed to shareholders. It follows that revenues and income of any kind are destined for the remuneration of production factors.
When operational management generates positive margins, actions are planned to benefit the membership base in terms of:
- decrease in commissions (the average commission from 2009 to 2016 decreased by 1.5 percentage points) - investments to improve business efficiency (IT, reorganization, etc.) - the improvement of services provided to members and users with a view to digitalisation - simplification of processes - support to social, charity and cultural promotion initiatives.
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In fact, in the absence of such actions, the financial statements would record even substantial surpluses that are inconsistent with the corporate mission. Any operating surpluses go to fuel, in line with the provisions of the Articles of Association, the Reserves which constitute, in the absence of a share capital, the only Guarantee Fund for the business continuity.
The economic means for achieving SIAE's goals are drawn from the results that the Company achieves in carrying out its business. SIAE does not rely - either directly or indirectly – on any bank transfer, grant, financing or advantage from the state budget or from other public bodies or authorities. The results of the economic and financial management of SIAE, therefore, do not contribute to either the needs or the indebtedness of public administrations. Consequently, SIAE is uninvolved in the public finance sector.
The economic result at 31/12/2019, equal to € 1.3 million after taxes, reflects the strategic actions undertaken over the last few years.
Income Statement 2019 2018 Change % Change Operating revenues Copyright management 116.845.150 114.772.847 2.072.303 2% Private Copy 5.310.014 3.914.761 1.395.253 36% Services 31.544.263 31.696.087 (151.824) (0%) Other Revenues 8.278.251 9.890.247 (1.611.996) (16%) Total operating revenues 161.977.678 160.273.942 1.703.736 1% Separate accounts 16.879.190 17.036.767 (157.577) (1%) Sectional accounts 6.145.158 5.598.684 546.474 10% 23.024.348 22.635.451 388.897 2% TOTAL PRODUCTION VALUE (A) 185.002.026 182.909.393 2.092.632 1% Operating costs Staff 72.067.861 72.536.759 (468.898) (1%) Agents 41.648.332 41.046.518 601.814 1% Management e funcional services 36.112.331 37.250.544 (1.138.213) (3%) Amortizations and provision 14.493.256 12.226.973 2.266.283 19% Different management charges 4.023.071 2.862.446 1.160.625 41% Total operating costs 168.344.851 165.923.240 2.421.611 1% Separate accounts 17.662.598 16.760.350 902.248 5% Sectional accounts 5.862.158 4.189.149 1.673.009 40% 23.524.756 20.949.499 2.575.256 12% TOTAL PRODUCTION COSTS (B) 191.869.607 186.872.739 4.996.868 3% DIFFERENCE (A-B) (6.867.581) (3.963.346) (2.904.235) Financial management 8.198.296 5.221.198 2.977.098 57% Income Taxes (123.707) 123.707 (100%) Result 1.330.715 1.381.559 (50.844) (3,7%) The value of production, equal to € 185 million, shows an increase of approximately € 2.1 million compared to 2018 (+ 1.1%) to be attributed to revenues generated by management.
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Production Costs of € 191.9 million increased by approximately € 5 million, of which € 2.4 million detectable in operating costs. As already illustrated in the first paragraph, the Difference between Value and Production Costs (A-B) is not a particularly indicative factor for evaluating the efficiency of management, however it should be noted that for the third consecutive year it exhibits values around - € 3 and - € 7 million, proving that the contribution, in any case physiological, of financial management is not essential as in the past in order to obtain a positive operating result.
Financial management produced a positive balance of € 8.2 million. The Pentagramma Fund has almost entirely recovered from the decline recorded last 2018 and released a 0.58% return.
Taxes amount to "zero" due to the presence of tax losses that cancel the taxable income.
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Balance sheet 2019 2018 Asset B) FIXED ASSETS I) Intangible fixed assets 3) Industrial patents and use of intellectual property rights 3.879.899 3.754.956 6) Fixed assets under construction and advances 2.175.758 810.808 7) Other intangible fixed assets 2.475.242 3.008.125 Total intangible fixed assets (I) 8.530.899 7.573.889
II) Tangible fixed assets 1) Land and buildings 31.072.901 32.302.347 -Land and buildings amortization fund (10.496.435) (10.413.307) 20.576.466 21.889.040
2) Installations and machines 1.950.483 1.883.797 - Installations and machines amortization fund (1.091.131) (849.275) 859.352 1.034.522
3) Industrial and commercial equipment 5.366.767 5.070.135 - Industrial and commercial equipment fund (4.801.264) (4.295.054) 565.503 775.081
5) Fixed assets under construction and advances 0 50.000 Total tangible fixed assets (II) 22.001.321 23.748.643
III) Financial fixed assets 1) Holdings in: d) Other companies 3.657 3.657 3.657 3.657 2) Receivables: d) From others - Installments due in the following accounting period 111.679 89.928 - Installments due after the following accounting period 75.962.297 84.455.811 76.073.976 84.545.739 3) Other securities: a) S.I.A.E. securities 58.695.617 67.985.612 b) SF securities 0 0 c) "Real Estate Fund" securities 164.609.996 164.609.996 d) SF " Real Estate Fund" securities 31.200.000 31.200.000 e) "Financial Fund" securities 627.157.218 628.157.218 881.662.831 891.952.826 Total financial fixed assets (III) 957.740.464 976.502.222 TOTAL FIXED ASSETS (B) 988.272.684 1.007.824.754
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C) CURRENT ASSETS II) Receivables 1) From customers a)From Associate and Mandate Members 1) From Associates and Mandate Members for shares and annual contributions 861.597 930.583 - Devaluation fund receivables for shares (356.864) (350.000) 504.733 580.583 2) From Associate ad Mandate Members for advances 76.572.298 80.348.907 - Other receivables from associates and principals 29.783 29.872 - Devaluation fund receivables for advances (238.520) (249.061) 76.363.561 80.129.718 3) From Sister Societies and Foreign Entities for WT 2.717.887 0 79.586.181 80.710.301 b) For Private Copy compensations 332.778 798.203 c) From other mandate members 528.972 1.439.862 d) From users 67.625.656 88.178.036 e) From others 62.214 194.741 Total receivables from customers 148.135.801 171.321.143
4-bis) Tax receivables 10.627.430 9.736.206 Total tax receivables 10.627.430 9.736.206 4-ter) Advanced taxes 10.412.779 10.428.565
5) From others a) From employees 180.451 209.394 b) From banks 2.108 2.108 c) Other credits 60.616.183 8.492.794 - Other receivables devaluation fund (138.294) (157.680) 60.477.889 8.335.114 Total receivables from others 60.660.448 8.546.616 Total receivables (II) 229.836.458 200.032.530
III) Financial activities that do not constitute fixed assets 6) Other securities 0 49.610.800 Total financial activities that do not constitute fixed assets (III) 0 49.610.800
IV) Cash 1) Bank and postal deposits 254.348.514 155.448.499 3) Money and cash on hand 23.859 23.544 Total cash (IV) 254.372.373 155.472.043 TOTAL CURRENT ASSET (C) 484.208.831 405.115.373
D) ACCRUALS AND PREPAID EXPENSES a) Accruals and prepaid expenses 6.565.029 7.984.634 TOTAL ACCRUALS AND PREPAID EXPENSES (D) 6.565.029 7.984.634 TOTAL ASSET 1.479.046.544 1.420.924.761
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Liabilities 2019 2018 A) NET WORTH III) Revaluation reserves 1) Revaluation pursuant to Law 21/11/00 No. 342 39.150.070 39.150.070 2) Revaluation pursuant to Law 24/12/03 No. 350 41.007.241 41.007.241 3) Revaluation pursuant to Law 28/01/2009 No. 2 11.564.615 11.564.615 Total revaluation reserves (III) 91.721.926 91.721.926
V) Statutory reserves 1) Permanent Reserve 18.863.987 18.173.207 2) Extraordinary Reserve 14.340.111 13.718.409 Total statutory reserves (V) 33.204.098 31.891.616
VII) OTHER RESERVES 1) Lira/Euro Conversion Reserve 237 237 Total other reserves (VII) 237 237
VIII) RETAINED EARNINGS/ ACCUMULATED LOSSES
IX) Result of the accounting period 1.330.715 1.381.559 TOTAL NET WORTH (A) 126.256.976 124.995.338
B) FUNDS FOR RISKS AND CHARGES 1) For retirement pensions and similar obligations a) Agents retirement indemnity 28.615.389 28.963.920 b) Additional fees for the end of the verification activity of the employees 18.475 18.475 Total retirement pensions and similar obligations 28.633.864 28.982.395
2) For taxes, including deferred ones 0 0
3) Others a) Solidarity Fund 1) Performances payment fund 3.202.241 3.202.241 2) Capital provisions 6.108.180 6.108.180 3) Restricted fund for future solidarity performances 31.168.479 80.841.640 4) Permanent reserve 2.866.024 2.866.024 43.344.924 93.018.085
b) for risks connected to the management activity 7.431.461 4.468.330 c) for Pensions Fund management risks 4.673.496 4.933.636 d) for corporate reorganization risks 6.500.000 6.500.000 e) for Private Copy refunds corrections 0 0 f) for employees incentive 3.191.000 3.191.000 g) charges for security contributions 105.000 0 h) manage calls for tenders private copy 37.598 37.598 Total Others 65.283.479 112.148.649 TOTAL FUNDS FOR RISKS AND CHARGES (B) 93.917.343 141.131.044
C) EMPLOYEES SEVERANCE INDEMNITY TOTAL EMPLOYEES SEVERANCE INDEMNITY (C) 15.096.591 16.189.020 12 TRANSPARENCY REPORT 2019
D) PAYABLES 4) Payables to banks a) Withholding taxes to deduct 0 22.070 b) Other payables 30.028 33.976 Total payables to banks 30.028 56.046
7) Payables to suppliers 15.300.405 10.670.927
12) Tax payables 370.503 3.780.299
13) Payables to security and social institutes 8.360.362 7.817.333
14) Other payables a) to Associate, Mandate Memebers and other rightful owners 839.477.145 793.353.776 b) to others for "Private Copy compensations" 203.521.450 178.556.529 c) to other Mandate Members (various entities) 1.405.510 1.326.249 d) to operators and others for provisional and cautionary deposits 18.518.294 19.849.172 e) to different corporate bodies and organisms 203.402 258.734 f) to employees 6.204.438 7.403.731 g) different payables 1) different payables 68.855.576 32.581.045 2) copyrights awaiting for collection 58.455.045 61.743.337 127.310.621 94.324.382
h) cultural activities funded from private copy 22.310.921 20.235.718 Total other payables 1.218.951.781 1.115.308.291 TOTAL PAYABLES (D) 1.243.013.079 1.137.632.896
E) ACCRUALS AND DEFERRED INCOMES a) Accruals and deferred incomes 762.555 976.463 TOTAL ACCRUALS AND DEFERRED INCOMES (E) 762.555 976.463
TOTAL LIABILITIES 1.479.046.544 1.420.924.761
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Income Statement 2019 2018 A) PRODUCTION VALUE 1) Revenues from sales and performances a) Copyright management 1) Allocated shares on copyright collections - Music 77.943.960 74.587.492 - DOR-LIRICA (Theatre, Opera and Ballet, Radio and TV) 8.995.213 9.126.905 - OLAF (Visual Arts and Literature) 2.425.823 2.466.323 - Cinema 5.396.052 5.791.311 94.761.048 91.972.031 2) Institutional services 1.272.606 1.365.692 3) Shares 7.728.222 7.812.643 4) Services connected to the authorial management - Connected rights 1.467.425 1.459.749 - Administrative rights 5.341.397 5.803.741 - Other authorial services 836.068 819.476 7.644.890 8.082.966 5) complementary collections 5.438.384 5.539.515 Total copyright management 116.845.150 114.772.847
b) expenses reimbursement for the "Private Copy" service 5.310.014 3.914.761
c) endorsement 1.723.336 2.367.753
d) convention services - ticketing 765.996 802.183 - hallmarking 41.060 42.954 - Italian Revenue Agency convention 28.611.529 28.117.440 - Cinematographic rental convention 871.613 877.672 - Customs and Monopoly Agency convention 834.752 1.511.320 - other conventions 419.313 344.518 31.544.263 31.696.087 Total revenues from sales and performances (1) 155.422.763 152.751.448
5) Other revenues and incomes a) Real estate management revenues 2.648.674 2.691.388 b) Solidarity Fund incomes 1.366.915 1.022.428 c) Project "PER CHI CREA" 13.536.598 12.935.060 d) Services provided to separate accounts 1.074.077 987.100 e) Use of sectional accounts 6.145.158 5.598.685 f) Other incomes 4.807.841 6.923.284 Total other revenues and incomes (5) 29.579.263 30.157.945 TOTAL PRODUCTION VALUE (A) 185.002.026 182.909.393
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B) PRODUCTION COSTS 6) For purchasing a) goods for sale 656.881 583.263 b) various consumer goods and materials 244.996 568.573 Total for purchasing (6) 901.877 1.151.836
7) For services a) business services 1) Agents - social security contributions and fees 40.146.282 39.411.070 - provisions for employees severance indemnity 1.502.050 1.635.448 41.648.332 41.046.518
2) external inspectors 326.142 342.034 3) third party processing 1.584.548 1.938.744 4) other business services 2.914.277 3.278.054 46.473.299 46.605.350 b) professional services 1) professional performances 3.952.006 3.876.007 2) legal advocacy 1.255.909 1.449.484 3) consultations 0 0 4) staff selection, education and training 248.983 211.050 5.456.898 5.536.541 c) functioning services 1) operating services 7.578.762 8.747.333 2) information technology services 7.222.249 7.013.456 3) travel expenses and external activity 562.435 577.320 4) financial services 872.544 883.726 5) advertising and communication services 444.439 867.899 6) provisions for charges for services funds 0 0 16.680.429 18.089.734
d) corporate bodies and different organisms 1.296.057 1.022.620 Total for services (7) 69.906.683 71.254.246
8) For the use of third parties goods a) third parties real estate 8.650.443 8.796.504 b) rental and leasing of goods and various equipment 691.322 436.126 Total for the use of third parties goods (8) 9.341.765 9.232.630
9) For the staff a) fixed compensations 1) fixed compensations 48.723.075 49.224.848 2) compensations for inspection activity, extraordinary works and various 2.366.891 2.495.380 51.089.966 51.720.228 b) social security charges 13.191.684 13.079.066 c) employees severance indemnity 3.834.784 4.065.428 d) retirement pension and similar 0 0 e) other costs 5.485.527 5.016.276 Total for the staff (9) 73.601.961 73.880.998
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10) Amortizations and devaluations a) amortizations of the intangible fixed assets 8.178.545 8.407.204 b) amortizations of the tangible fixed assets 1.386.202 1.501.611 c) other devaluations of the fixed assets 0 0 d) devaluation of the receivables included in current asset and cash 300.003 276.084 Total amortizations and devaluations (10) 9.864.750 10.184.899
12) Provision for risks and charges a) provisions to funds for future charges 6.803.758 2.042.074 Total provisions for risks and charges (12) 6.803.758 2.042.074
14) Different management charges a) Solidarity Fund 667.322 793.388 b) supplementary contribution pensions fund 0 0 c) associates extraordinary contribution 0 0 d) representation expenses 44.841 47.711 e) expenses for the organization of national and international conferences 135.461 328.134 f) cultural promotion 3.532.226 3.028.003 g) social activities 179.526 12.694.387 h) different taxes and fees 1.565.427 1.387.302 i) different expenses 1.787.412 847.131 l) activities in support of COVID-19 -"PERCHICREA" Project 13.536.598 0 Total different management charges (14) 21.448.813 19.126.056 TOTAL PRODUCTION COSTS (B) 191.869.607 186.872.739
DIFFERENCE (A-B) (6.867.581) (3.963.346)
C) REVENUES AND FINANCIAL CHARGES 16) Other financial revenues a) from receivables stated under fixed assets 37.977 34.059 b) from securities stated under fixed assets 1) dividends 3.298.420 0 2) interests income on securities 1.490.850 1.893.171 3) various revenues on securities 12.395 12.395 4.801.665 1.905.566 c) from securities stated under current assets - interests income on securities stated under current assets 377.725 631.596 - capital gains on securities stated under current assets 0 0 377.725 631.596 d) revenues other than those referred above 1) interests income on postal and bank accounts 883.078 773.644 2) interests on receivables from Inland Revenue 40.000 40.000 3) interests and other financial revenues 2.293.643 2.370.184 4) default interests and Private Copy penalties 426 43 3.217.147 3.183.871 Total other financial revenues (16) 8.434.514 5.755.092
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17) Interests and other financial charges a) Interests and other financial charges (212.317) (360.277) Total interests and other financial charges (212.317) (360.277)
17-bis) Profits and losses on exchanges rate a) exchange rate differences (23.901) (917) Total profits and losses on exchanges rate (17-bis) (23.901) (917) TOTAL PROFITS AND FINANCIAL CHARGES (C) 8.198.296 5.393.898
D) ADJUSTMENTS OF FINANCIAL ACTIVITIES VALUE 18) Revaluations 0 0 19) Devaluations 0 (172.700) ADJUSTMENTS OF FINANCIAL ACTIVITIES VALUE (D) 0 (172.700)
RESULT BEFORE TAXATION 1.330.715 1.257.852 22) INCOME TAXES a) Current taxes - Corporation Tax 0 404.845 - Regional Business Tax 0 0 0 404.845 b) Taxes related to previous accounting periods - previous accounting periods Ires 0 0 - previous accounting periods Irap 0 0 0 0 b) Deferred taxes - Assets 0 (528.552) - Liabilities 0 0 0 (528.552) TOTAL INCOME TAXES (22) 0 (123.707) 23) RESULT OF THE ACCOUNTING PERIOD 1.330.715 1.381.559
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CASH FLOW STATEMENT 2019 2018 A. Financial flows deriving from the operating Activity (indirect method) Profit (loss) of the accounting period 1.330.715 1.381.559 Income taxes 0 (123.707) Interests expense / (interests income) (5.002.943) (5.508.657) (Dividends) (7.156.632) (3.500.000) (Capital gains)/ capital losses deriving from the activity disposal 94.365 92.330 1. Profit (loss) of the accounting period before income taxes, interests, dividends and capital gains/losses of activity disposal (10.734.495) (7.658.475)
Adjustments for non-monetary elements which did not have compensation in the net working capital Allocations to provisions 10.638.542 6.107.502 Amortizations of the fixed assets 9.564.747 9.908.815 Devaluations for sustainable value losses 0 276.084 Value adjustments of financial profits and losses of derivative financial instruments that do not involve monetary movement 0 172.700 Other adjustments for non-monetary elements 4.878.575 4.848.577 2. Financial flow before the variations of the net working capital 25.081.864 21.313.678
Variations of the net working capital Decrease /(increase) of the inventories 0 0 Decrease/(increase) of the receivables from customers 23.739.264 162.348.888 Increase /(decrease) of the payables to suppliers 4.629.478 (4.986.022) Decrease /(increase) of the accruals and prepaid expenses 5.839.362 (2.167.795) Increase /(decrease) of the accruals and deferred incomes (305.986) 369.411 Other variations of the net working capital 48.263.398 (155.522.803) 3. Financial flow after the variations of the net working capital 82.165.515 41.679
Other adjustments Collected interests/(paid) 3.139.774 3.797.939 (Paid income taxes) 0 0 Collected dividends 3.500.000 3.500.000 Use of funds (63.823.247) (17.016.558) Other collections/payments (26.188) 0 4. Financial flow after the other adjustments (57.209.660) (9.718.619)
Financial flow of the operating Activity (A) 39.303.225 3.978.263
B. Financial flows deriving from the investment activity
Tangible fixed assets (Investments) (424.313) (726.173) Disinvestments 785.433 151.619
Intangible fixed assets (Investments) (9.135.555) (6.385.757) Disinvestments 0 0
Financial fixed assets (Investments) (31.311.598) (12.900.498) Disinvestments 50.098.357 12.778.371
Non-fixed financial assets (Investments) 0 (49.610.800) Disinvestments 49.610.800 0
Financial flow of the investment activity (B) 59.623.124 (56.693.238)
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CASH FLOW STATEMENT 2019 2018 C. Financial flows deriving from the financing activity
Third parties means Increase/(decrease) short terms payables to banks (26.018) 28.129 Allocation of loans 0 0 (Refund of loans) 0 0
Own means Payment capital increase 0 0 (Refund of capital) 0 0 Disposal/(purchase) of own shares 0 0 Dividends (and advances on dividends) paid 0 0 Financial flow of the financing activity (C) (26.018) 28.129
Increase (decrease) of cash (a ± b ± c) 98.900.330 (52.686.846)
Exchange rate effect on cash 0 0
Cash at January 1 155.472.043 208.158.886
Cash at December 31 254.372.373 155.472.043
19 TRANSPARENCY REPORT 2019
Separate accounts Solidarity Fund Balance sheet 2019 2018 Asset B) FIXED ASSETS III) Financial fixed assets 2) Receivables: d) from others 0 0
3) Other securities: b) securities SF 0 0 d) securities "Real Estate" SF 31.200.000 31.200.000 e) securities "Financial Fund" 61.190.949 61.190.949 Total Financial fixed assets (III) 92.390.949 92.390.949 TOTAL FIXED ASSETS (B) 92.390.949 92.390.949 C) CURRENT ASSET
II) Receivables - receivables from others 2.313 3.000.000 Total receivables (II) 2.313 3.000.000
IV) Cash 1) Bank and postal deposits 6.073.257 669.118 Total Cash (IV) 6.073.257 669.118 TOTAL CURRENT ASSET (C) 6.075.570 3.669.118 D) ACCRUALS AND PREPAID EXPENSES a) Accruals and prepaid expenses 362.277 4.993 TOTAL ACCRUALS AND PREPAID EXPENSES (D) 362.277 4.993 TOTAL ASSET 98.828.796 96.065.060
Liabilities B) FUNDS FOR RISKS AND CHARGES 3) Others a) Solidarity Fund 1) benefits payment fund 3.202.241 3.202.241 2) capital provisions 6.108.180 6.108.180 3) restricted fund future solidarity performances 31.168.479 80.841.640 4) permanent reserve 2.866.024 2.866.024 Total funds for risks and charges 43.344.924 93.018.085 TOTAL FUNDS FOR RISKS AND CHARGES (B) 43.344.924 93.018.085 D) PAYABLES 13) Payables to security and social institutes 636.165 0 g) different payables 1) different payables 41424 1299 2) payables due to SIAE 54.806.283 3.045.651 TOTAL PAYABLES (D) 55.483.872 3.046.950 E) ACCRUALS AND DEFERRED INCOMES a) Accruals and deferred incomes 0 25 TOTAL ACCRUALS AND DEFERRED INCOMES (E) 0 25 TOTAL LIABILITIES 98.828.796 96.065.060
20 TRANSPARENCY REPORT 2019
Revenues and expenditures 2019 2018 A) PRODUCTION VALUE TOTAL PRODUCTION VALUE (A) 1.613.562 1.433.954 B) PRODUCTION COSTS Management and functioning costs 354.849 305.732 Staff 387.311 213.842 Other management charges - associates ordinary contributions 667.323 793.389 - provision for the solidarity performances restricted fund 0 0 - various charges 76.929 277 Total other management charges 744.252 793.666 TOTAL PRODUCTION COSTS (B) 1.486.412 1.313.240 DIFFERENCE (A-B) 127.150 120.714 INCOMES AND FINANCIAL CHARGES Other financial revenues - Interests income on securities 0 0 - Interests income on bank deposits 5.694 0 Total other financial revenues 5.694 0 Interests and other financial charges - interests and other financial charges 0 0 Total interests and other financial charges 0 0
TOTAL REVENUES AND FINANCIAL CHARGES (C) 5.694 0 RESULT BEFORE TAXATION 132.844 120.714 Current taxes - Corporation Tax 132.844 120.714 - Regional Business Tax 0 0 Total income taxes 132.844 120.714 RESULT OF THE ACCOUNTING PERIOD 0 (0)
21 TRANSPARENCY REPORT 2019
Copyright Authentication Management (Ge.Vi)
2019 2018 - Receivables/(payables) of SIAE 57.267 973.519
Revenues and expenditures 2019 2018 PRODUCTION VALUE Revenues from sales and performances - Copyright Authentication Rights 1.723.336 2.367.753 - Other Revenues 0 300.000 - Administrative Rights 0 0 TOTAL PRODUCTION VALUE (A) 1.723.336 2.667.753
PRODUCTION COSTS Management and functioning costs 1.440.900 1.308.301 Staff 1.146.790 1.130.397 Different management charges - risks and charges provision 0 0 - other management charges 51.898 73.352 Total different management charges 51.898 73.352
TOTAL PRODUCTION COSTS (B) 2.639.588 2.512.050
DIFFERENCE (A-B) (916.252) 155.703
REVENUES AND FINANCIAL CHARGES 0 0 RESULT BEFORE TAXATION (916.252) 155.703 Current taxes - Corporation Tax 0 0 - Regional Business Tax 0 0 Total income taxes 0 0 RESULT OF THE ACCOUNTING PERIOD (916.252) 155.703
22 TRANSPARENCY REPORT 2019
“PER CHI CREA (FOR THOSE WHO CREATE) Project” (COPI)
2019 2018 - Receivables/(payables) of SIAE 22.396.138 20.355.526 Income Statement 2019 2018 A) PRODUCTION VALUE 5) Other incomes and revenues c) Other Revenues - Expenses reimbursement Ban 1- Urban peripheries 0 2.488.000 - Expenses reimbursement Ban 2- New works 0 1.866.000 - Expenses reimbursement Ban 3- Artistic residencies and training 0 6.220.000 - Expenses reimbursement Ban 4- National and international live 0 1.866.000 - Expenses reimbursement Ban 5- Translation and distribution abroad 0 0 - Expenses reimbursement cultural Activity management costs 0 495.060 - Expenses reimbursement Activity to support Covid 19 13.536.598 0 Total other incomes and revenues (5) 13.536.598 12.935.060 TOTAL PRODUCTION VALUE (A) 13.536.598 12.935.060
B) PRODUCTION COSTS 7) For services d) professional and technical services 1) administrative, technical and legal services - Cultural Activity commission fees 0 205.000 - Cultural Activity social security contributions 0 0 - Cultural Activity expenses reimbursements 0 0 - Professional services 0 0 - Accountant certification 0 55.000 0 260.000 e) different services - Advertising and sponsorships 0 235.060 0 235.060 Total for services (7) 0 495.060
14) Different management charges d)SIAE's activity in international field, copyright promotion, studies and initiatives related to promotion, development and diffusion of the artistic and literary italian heritage - Contribution cultural Activity Ban 1 - Urban peripheries 0 2.488.000 - Contribution cultural Activity Ban 2- New works 0 1.866.000 - Contribution cultural Activity Ban 3- Artistic residencies and training 0 6.220.000 - Contribution cultural Activity Ban 4- National and international live 0 1.866.000 - Contribution cultural Activity Ban 5- Translation and distribution abroad 0 0 - Different management charges activity to support Covid 19 13.536.598 0 13.536.598 12.440.000
Total different management charges (14) 13.536.598 12.440.000 TOTAL PRODUCTION COSTS (B) 13.536.598 12.935.060
RESULT OF THE ACCOUNTING PERIOD 0 0
23 TRANSPARENCY REPORT 2019 b) Description of the activities carried out in the financial year The events that distinguished the year are commented on in the Report on Operations shown in in the Management Report (published on the website www.siae.it) to which reference is made.
However, it is considered useful to highlight the most significant company data.
Structure:
- 1129 employees (1134 in 2018): 1119 permanently employed and 10 on temporary contracts. - 1 Head office in Rome - 435 Agencies - 10 Regional/Interregional Offices - 28 Local Branches
Economic data:
- Turnover of € 797 million - € 744 million for Copyright and other brokerage services - € 606 million for the rights distributed/paid to the rights-holders (including Private Copying) - 14.9% the average "commission" on collections - € 174 million in taxes paid to the Tax Authorities (VAT, Personal Income Tax, etc.) - € 0.6 million of solidarity contributions granted - € 13.5 million in disbursements to support the epidemiological emergency from COVID-19 under the "PER CHI CREA” (FOR THOSE WHO CREATE) project - € 3.1 million in cultural donations from the special sectional accounts - € 0.6 million in cultural and social donations
The management of copyright:
- 96,952 Authors and Publishers members to SIAE with 13,376 applications for registration in 2019 - 17.3 million works managed directly - 60 million works managed through mutual representation contracts - 273 agreements with foreign companies for the management of SIAE’s repertoire in the world and of the foreign repertoire in Italy - about 1.2 million license agreements (public performance and representation, background music, TV, radio, online, CD/DVD, etc) - 553,000 users of SIAE’s repertoire nationwide - 502,000 venues nationwide - 1,636,000 events per year - over 25,000 digital reports managed in 2019 for online use in Italy and Europe.
24 TRANSPARENCY REPORT 2019 c) Information on the refusal to grant a license pursuant to Art. 22, subparagraph 2 During 2019 in SIAE there were 5 cases of refusal to grant licenses for reasons related to the failure to provide the guarantee provided for by Art. 3 of the permit for shows and entertainments by organizers already in default towards SIAE.
With the exception of the cases reported, SIAE has regularly issued licenses, except in cases of revocation or failure to issue as a result of users' failure to comply with the conditions established in the licenses themselves, or denial by members who have reserved this right in relation to the nature of the law.
In this regard, it should be noted that the reference conditions under which the licenses are granted are published on the institutional website www.siae.it.
d) SIAE’s legal and governance structure SIAE is an association-based public economic body, regulated by Law No. 2 of January 9, 2008.
In particular, Art. 1, paragraph 2, establishes that "SIAE's activity is governed by the rules of private law".
2017 - at the end of a process started in 2016 on the basis of Art. 20 of Law No. 170, of August 12, 2016, containing the criteria for the incorporation of Directive 2014/26/EU - saw the approval of Legislative Decree No. 35 of March 15, 2017, published in the Italian Official Gazette No. 72, of transposition into national law of the above “Directive on the collective management of copyright and related rights and on the granting of multi-territorial licenses for rights on musical works for online use in the internal market” (entered into force on April 11, 2017), a particularly significant provision for the organizational, regulatory and operational structure of the Company.
Closely related (also because it partly contains amendments to the aforementioned Legislative Decree No. 35/2017) is Art. 19 "Liberalization of Copyright Collecting Societies" of the Decree-Law No. 148 of October 16, 2017, "Urgent provisions on financial matters and for undeferrable needs" (published in the Official Gazette No. 242 of October 16, 2017) converted by Law No. 172 of December 4, 2017 (published in the Official Gazette General Series No. 284 of December 5, 2017), with which - essentially through an amendment to Article 180 of the Italian Copyright Law - SIAE is supported, in the exercise of copyright intermediation, by "the other Collective Management Organizations referred to in Legislative Decree No. 35 of March 15, 2017".
Tax Decree 2018 (Decree-Law No. 148 of October 16, 2017) linked to Budget Law 2018 (Law No. 205 of December 27, 2017) set out the organization of the market that allowed (in addition to SIAE) other non- profit entities to collect copyright in Italy.
The Company therefore updated the Articles of Association (approved with Prime Ministerial Decree on 16 March 2018) and the General Rules.
Finally, SIAE is a “generalist” management body whose copyright intermediation activity is aimed at all artistic sectors, currently divided into five specific repertoires: Music, DOR (Theatre and Radio and Television works), OLAF (Visual Arts and Literature), Opera and Ballet and Cinema. 25 TRANSPARENCY REPORT 2019
The economic means for achieving the objectives planned by SIAE are drawn solely from the activity carried out.
Therefore, SIAE does not rely - either directly or indirectly – on any bank transfer, grant, financing, or advantage from the state budget or from other public bodies or authorities. The results of the economic and financial management of SIAE, therefore, do not contribute to either the needs or the indebtedness of public administrations. Consequently, SIAE is uninvolved in the public finance sector.
SIAE’s Articles of Association are published on the institutional website www.siae.it.
The Articles of Association outline the Membership organization and the Governance of the Company.
SIAE’s Governance is completely entrusted to Bodies elected by its Members (Assembly, Supervisory Board, Management Board and Advisory Committees). All choices in the strategic and administrative sectors of the Company are therefore made by its membership base.
The bodies of the Company are: the Assembly (Articles from 12 to 14 of the Articles of Association), the Supervisory Board (Articles from 15 to 17), the Management Board (Articles from 19 to 23) and the Board of Auditors (art. 24).
Art. 18 of the Articles of Association regulates the five Advisory Commissions, one for each of the Sections into which the Company is organized.
The statutory auditing is also envisaged (Article 25) and the adoption of an organization and management model suitable for preventing offenses, pursuant to Legislative Decree No. 231/2001, with the establishment of a Supervisory Body with independent powers of initiative and control (Article 27).
Although SIAE is uninvolved in the public finance sector, the President of the Supervisory Body is a Judge from the Italian Court of Auditors. The Ministry for Cultural Heritage and Activities, jointly with the Prime Minister’s Office, supervises SIAE. The supervisory activity also involves the Ministry of Economy and Finance, for the matters under its specific responsibility.
26 TRANSPARENCY REPORT 2019
Supervisory Bodies
General Assembly
The internal regulations concerning the Company are available on SIAE’s website. The following are particularly noteworthy:
- the General Rules of the Company (Article 38 of the Articles of Association), containing, among other things, the regulation of the Sections into which SIAE is articulated, as well as the conciliation and arbitration procedures;
- the Code of Ethics or Code of Conduct (Article 38 of the Articles of Association), which regulates the rules of conduct of all personnel who work in various capacities for the Company, as well as that of Associate and Mandate Members;
- Organisational, Management and Control Model pursuant to Legislative Decree No. 231/2001.
27 TRANSPARENCY REPORT 2019 e) Entities directly or indirectly owned or controlled by SIAE
A. Norma Fund - SIAE, at 31 December 2019, holds no. 1,658 units (equal to 100% of the shares issued) for a total net value of € 186,451,226 (unit value of € 112,455.504) of the "Norma" closed-end real estate investment fund, reserved for institutional investors and established on 19 December 2011. The subscribed assets of the Fund as of 31 December 2019 amounted to € 164,609,996 corresponding to 1,658 units. B. Aida Fund - The Norma Fund at the end of 2012 acquired the AIDA real estate fund. This Fund launched its operations in 2011 with an initial subscribed capital of € 63,900,000 divided into 639 units with a unit value of € 100,000. The Fund currently has subscribed assets of € 79,073,964. The total net value of the fund as at 31/12/2019 is equal to € 64,505,966 (796 units with a unit value of € 81,037.646). C. Armonia - SIAE became member to the "Armonia" European Group of Economic Interest (EEIG) created in April 2013 to simplify the issuing of pan-European licenses, offering a single hub for the use of the repertoires they represent, in line with the objectives of transparency and efficiency required by the European Union Directive 2014/26/EU on the collective management of rights. The membership fees for the year 2019 amount to € 143,406. D. Fast Track (F.T. the digital copyright network) - is a simplified joint stock company of which SIAE holds 9.84% of the shares for a total value of € 3,642. The statutory objective is to connect the databases of the various companies making them interoperable. F.T. is a technology supplier that creates solutions for the benefit of partners and the CISAC community, aimed at improving the management of copyright in terms of information accuracy and exchange speed. E. RAI and MEDIASET - SIAE holds RAI shares for a book value of € 130,887 and a nominal value of € 1,071,100 (0.44% of the related share capital). SIAE is also the owner of Mediaset shares (0.0006% of the related share capital) with a nominal value and book value of € 3,615. F. Nabucco Fund - SIAE (for the Solidarity Fund), on 2 October 2014, subscribed no. 312 shares for a total value of € 31,200,000 (unit value of € 100,000.00) of the “Nabucco” closed-end real estate investment fund, reserved for institutional investors. The total net value of the fund at 31/12/2019 is € 32,710,938 (312 units with a unit value of € 104,842,750). G. Pentagramma Fund - on 3 August 2015 SIAE subscribed no. 2,950,000 units of the SICAV-SIF Indaco Pentagramma for a total value of € 295,000,000 (unit value of € 100). On 31 December 2015, additional shares were subscribed for 595,474.394 (unit value of € 100.76) linked to SIAE’s management of the Solidarity Fund, for a total value of € 60,000,000. In May and June 2016, SIAE acquired further no. 1,166,747.690 shares with a nominal value of € 102.85 each (total value € 120,000,000) and n. 1,366,386,882 shares with a nominal value of € 102.46 (€ 140,000,000). In 2018, SIAE subscribed to a further n. 107,407,141 shares with a nominal value of € 102.10 each (total value € 10,966,269) and, at the same nominal value, to no. 11,664,533 shares (total value € 1,190,949), the latter belonging to SIAE for the Solidarity Fund. Therefore the book value of the Fund as at
28 TRANSPARENCY REPORT 2019
31/12/2019 is equal to € 627,157,218. The total market value of the Fund as at 31/12/2019 is equal to € 630,799,935. SIAE holds 100% of the shares of the fund, the deposit of which is entrusted to Banca Profilo. H. B.I.E.M. SIAE is Vice-President of BIEM (Bureau International des societes gerant les droits d'Enregistrement et de reproduction Mecanique – The International Bureau of Societies Managing Recording and Mechanical Reproduction Rights), an organization based in Paris, composed of 51 companies representing 120 countries in the field of mechanical reproduction rights and whose main purpose is to ensure the recognition and effective protection of these rights through the negotiation of standard contracts with the IFPI (International Federation of the Phonographic Industry), which represents the phonographic industry, to establish the conditions of use of the repertoires managed by the Authors’ Societies. It is also responsible for ensuring technical collaboration among its members. As a non-governmental organization, BIEM represents and defends the interests of its member companies in international institutions. SIAE owns a share (€ 15.24) of the share capital (€ 411) of B.I.E.M.. f) Remunerations paid to the Supervisory Board and the Management Board During the 2019 financial year, the remuneration paid to the governing bodies in office at SIAE were as follows:
- to the Supervisory Board: € 379,068
- to the Management Board: € 413,710
- to the Board of Auditors: € 160,000.
In this regard, it should be noted that the determination of the remuneration of the aforementioned bodies is expressly regulated by the Articles of Association (Article 8).
The following remuneration was also paid to the additional auditing bodies on SIAE:
- to the Supervisory Body pursuant to Legislative Decree No. 231/2001: € 130,405
- to the Independent auditors: € 108,864.
It should be noted that, in 2019, SIAE also paid a total of € 49,737 to the Advisory Committees and € 12,000 to the Disciplinary Committee, again within the limits set by the Articles of Association (Article 11).
29 TRANSPARENCY REPORT 2019 g) Financial information referred to in point 2
Point 2 of this document illustrates:
- the collections obtained and the related amounts due withheld during the financial year;
- separate income statements between the authors management and the other SIAE’s managements;
- income statements broken down by repertoire, category and type;
- the financial flows associated with the allocation process of each repertoire and type;
- cash flows broken down by repertoire;
- the balances of the transactions with the other Collective Management Organizations. The details of the operations carried out with the individual CMOs are shown in the appendix of this document (Annex 1). h) Special Report regarding the utilization of the amounts deducted for social, cultural and educational purposes In compliance with the requirements of Art. 28, paragraph 3 and the relative Annex [point 1 h) and point 3 a) and b)] the requested information is laid out.
Year 2019 was one of the most active years for SIAE in supporting cultural promotion. 144 initiatives were financed in favour of which SIAE allocated resources for € 3.7 million including sponsorships, contributions to activities organized by third parties and donations.
Social (€ 444 thousand), educational (€ 576 thousand) and cultural promotion projects were supported, including the Italian Music Export project (€ 2.8 million).
SIAE’s Solidarity Fund granted charitable contributions for € 0.6 million to members in difficulty. The withdrawal of 10% of 2019 Private Copy revenue, equal to € 13.5 million, normally destined for the "PER CHI CREA" (“For those who create”) project, was instead included in the "Cura Italia" Decree of March 2020 in order to support workers employed in the entertainment industry (Authors, Artists and Agents) affected by the crisis resulting from COVID-19.
The 5% deduction from Music Mechanical Reproduction Rights revenue operated in 2019 amounted to € 17,651,687 and will be a support for national music and serious music.
30 TRANSPARENCY REPORT 2019
The use of resources based on purpose of use is summarized in detail below:
SIAE FOR CULTURE
1 Bando "I classici di oggi" e contributo 344.000 51 Festival Nazionale Del Doppiaggio Voci Nell’ombra 15.000 2 I.M.E. italian music export 124.837 52 La Milanesiana 15.000 Dalla Letteratura Italiana alla Produzione Audiovisiva 53 NOIR-Gosetti 15.000 3 90.000 Globale - Istituto Luce 54 Omaggio a Bernardo Bertolucci -Piazza San Cosimato 15.000 4 Giornate Degli Autori 90.000 55 Ortigia Film Festival 15.000 5 Premio Goliarda Sapienza - Le Donne Raccontano 76.572 56 Premio SIAE Accademia Silvio D’Amico 15.000 6 Air - Artisti In Residenza 70.000 57 The Italian Masters 15.000 7 I Love GAI 60.000 58 Salinadocfest 10.300 8 Il Cinema In Piazza 60.000 59 56° Festival Nuova Consonanza 10.000 9 Un Tenco Lungo un Anno 60.000 60 Area Sanremo 10.000 10 Co2 - 7° Fase 55.000 61 Aspettando Festa della Musica 10.000 11 1° Maggio 50.000 62 Baby Voice 10.000 12 Finale Tim Cup 50.000 63 Così mi fai ridere 10.000 13 JAZZ DO IT 2019 50.000 64 Italian Music Summer Summit 10.000 14 Radio 2 Social Club 50.000 65 Mi Ami 10.000 15 Una Lunga Storia 50.000 66 MIA - 100autori 10.000 16 Il Fantastico Rodari 45.000 67 No'hma 10.000 17 Festa della Musica 40.000 68 Premio Carlo Bixio 10.000 18 Il Cinema è una Cosa Meravigliosa 40.000 69 Premio Lelio Luttazzi 10.000 19 Lucca Summer Fest 40.000 70 Ravenna Jazz 10.000 20 Moviemov Italian Film Festival 40.000 71 Rock Contest 10.000 21 Series Lab 40.000 72 Settimana Internazionale Della Critica 10.000 22 Premio De Andre' - "Parlare Musica" 35.000 73 Stella del mare Baglioni 10.000 23 Bif&St - Tributo A Ennio Morricone 30.000 74 Time In Jazz 10.000 24 Bud Spencer “Le Molte Vite Del Gigante Gentile” 30.000 75 Tramedautore 10.000 25 Centenario Casa Bixio - 100 Anni per il futuro 30.000 76 Proscenium Festival della Canzone d'autore 9.000 26 Collana Francese di scrittori italiani 30.000 77 Premio Mazzella 8.000 27 Festa Del Cinema Di Roma 30.000 78 46° Flaiano Film Festival 6.000 28 Honoring Lina Wertmuller 30.000 79 Capalbio Libri 5.000 29 Premio Davide di Donatello 30.000 80 Cortinametraggio 5.000 30 Ravenna Festival 30.000 81 Gran Premio Internazionale del doppiaggio 5.000 31 Festival di Castrocaro 2019 25.000 82 Il Mito e Il Sogno 5.000 32 Milano Music Week 25.000 83 Meraviglioso Modugno 5.000 33 Premio Solinas 25.000 84 Musiche In Mostra 5.000 34 Una Striscia di Terra Feconda 25.000 85 Nastri D'argento 5.000 35 A Voice For Europe – Una Voce Per L’europa 20.000 86 Per il cinema italiano 5.000 36 Ariston Comic Selfie 20.000 87 Premio Bertoli 5.000 37 C'era Una Volta Sergio Leone - Mostra 20.000 88 Premio Mia Martini 5.000 38 Cinegiornali attività cattolica Roma nel mondo 20.000 89 Premio Musica contro le mafie 5.000 39 Festival Della Comunicazione 20.000 90 Premio Parodi 5.000 40 Genova Per Voi 20.000 91 Reate Festival 5.000 41 Il Vento Del Nord 20.000 92 Rockol Awards 5.000 42 Italy Europe in Venice - convegno 20.000 93 Soundtrack Stars Award 5.000 43 Pitchbook Mart 20.000 94 Syntax Ensemble - Breaking Music 5.000 44 Premio Bindi 20.000 95 Unforgettable 5.000 45 Premio Laurentum - XXXIII Edizione 20.000 96 Ventennale di “Voci nell’ombra” 9.000 46 Premio Massara 20.000 97 Carpe Diem XXV Festa della musica di Lanuvio 3.000 47 Sostegno ai giovani autori – progetto Israel 20.000 98 Strings City 3.000 48 CASA SIAE 84.000 99 Tutto l'amore che conta davvero - Mango 3.000 49 Archivissima 15.000 100 Festival Nuovi Spazi Musicali 1.000 50 Ebraica- Festival Internazionale Di Cultura 15.000 Total 2.686.709
31 TRANSPARENCY REPORT 2019
SIAE FOR EDUCATIONAL ACTIVITIES
SIAE FOR EDUCATIONAL PURPOSES 1 Più Libri Più Liberi 125.000 2 CIMM - della Biennale di Venezia 90.000 3 Campus Band Musica & Matematica 50.000 4 #Ioleggoperchè 40.000 5 Concorso Di Composizione Luciano Berio 30.000 Sanremo Rock & Trend Festival - XXXII Edizione – 6 30.000 Bando Parole Rock 7 Centro Sperimentale - Borse Di Studio 25.000 8 Le parole Valgono - Festival della lingua italiana 25.000 9 Arci movie - FILMaP 25.000 10 Fondo Sviluppo Sceneggiature Pitching 25.000 11 Centro Teatrale Santacristina "La scuola d'estate" 20.000 12 Scuola di Sceneggiatura “Leo Benvenuti” 20.000 ACCADEMIA TEATRO ALLA SCALA - Accademia Di 13 Perfezionamento Per Cantanti Lirici E Master In 10.000 Performing Arts Management 14 Campus della musica 10.000 15 Corso Scrittura Drammaturgica per Musical 10.000 16 Orchestra Sinfonica Dei Quartieri Spagnoli 10.000 17 Bulli(Z)Zoo 9.000 18 Corsi Di Formazione Artistica “L’Arte nel Cuore” 7.000 19 Premio Donida 5.000 20 Festival Di Ghedi - La bottega degli autori 5.000 21 Indicibili Incanti 5.000 Total 576.000 SIAE FOR SOCIAL INITIATIVES
SIAE FOR SOCIAL PURPOSES 1 Abbuoni eventi a sostegno delle zone terremotate 91.518 2 Una Serata di Stelle per “Il Bambino Gesu'” 50.000 3 Il Jazz Italiano Per Le Terre Del Sisma 50.000 4 E la vita bussò 40.000 5 Tour Sociale - Ladri Di Carrozzelle 40.000 6 Amatrice - Borse di studio per soggiorni educativi 25.600 7 La Partita Del Cuore 20.000 8 Ricostruzione Scuola di Musica di Camerino 20.000 9 Risorgimarche 20.000 10 AIL CHARITY GALA 10.000 11 Telethon 10.000 12 Unicef - Liberi di scegliere 10.000 Sistema Orchestre e Cori Giovanili e Infantili in Italia 13 8.000 Onlus 14 Ballata per Genova 7.000 15 Ricostruzione Scuola Primaria e Infanzia di Muccia 9.017 16 Concerto per la vita 5.000 17 Gemelli per la vita 5.000 18 Quel sogno di un bambino 5.000 19 Strumenti Ex Otago 5.000 20 Race for the cure 3.000 21 Serata di Gala - AIRC 3.000 22 VIS 3.000 23 VARIE 8.908 Total 449.043
32 TRANSPARENCY REPORT 2019
Fund for welfare purposes and for the encouragement of national arts
SIAE, as part of the Music repertoire, operates a 5% deduction on the proceeds for Performance Rights of Musical Works to be allocated to SIAE’s members whose works are assigned to the Music Division. The withholding is made in compliance with the provisions of the standard contracts of mutual representation with the foreign Authors Companies, or other contracts with entities representing the right-holders; the relative amounts are used exclusively for charitable purposes and to encourage the national arts. At 31.12.2019 the Fund amounts to approximately € 33.8 million still to be used. In 2019 € 17,651,687 were withheld and € 17,055,749 were granted (withheld in 2017) for the benefit of 96,353 Authors and Composers (€ 9.3 million) and 3,825 Publishers (€ 7.71 million).
Overall, SIAE, through a multitude of projects and cultural promotion plans, has allocated over € 22 million to support creativity and the authors most in need, in a general context in which there is a continuous reduction of any type of public support at both central and local level.
As already outlined, the 2019 funds destined for the "PER CHI CREA" (“For those who create”) project were donated, with the "Cura Italia" Decree to workers employed in the entertainment industry (authors, artists and performers, agents) affected by the crisis generated by the COVID-19 pandemic.
PROMOTIONAL, CULTURAL AND SOCIAL ACTIVITIES 2019 Solidarity deductions equal to 5% on musical performing rights collections 17.651.687 "PER CHI CREA" ("For those who create") Project Project suspended Solidarity Fund ordinary subsidies 667.322 Initiatives promoted by the Section Committees 3.092.995 Cultural, social and educational initiatives promoted by SIAE 618.757 Total 22.030.761
2) Financial information referred to in point 1, letter g. a) Financial information on rights revenue – Premise A. Collections - The sums received by the Company resulting from collection services do not constitute for SIAE an item of income that can be recognized in the profit and loss statement. Such sums (or proceeds) are allocated to be distributed to the Associate Members (and Mandate Members) and identified in the report as a "debt" to the Associate Members (and Mandate Members) themselves, provided that this definition ("debt") does not represent either an "imbalance" or a financial gap, but sums allocated for distribution.
33 TRANSPARENCY REPORT 2019
Allocated shares / Cultural promotion activity Collections 2019 Collections Allocated shares Net to be distributed Collections deductions Musical works: performing rights 426.116.753 74.036.862 17,4% 16.677.771 335.402.120 Musical works : reproduction rights 22.894.076 2.377.938 10,4% - 20.516.138 Musical works : private copy 26.808.968 804.269 3,0% - 26.004.699 Audiovisual works 51.710.346 5.316.325 10,3% - 46.394.021 Theatrical and Opera works 61.737.928 9.023.552 14,6% - 52.714.376 Literary works 6.454.100 900.573 14,0% - 5.553.528 Visual Art works 9.650.723 1.454.766 15,1% - 8.195.956 Rights from abroad 30.372.494 911.174 3,0% 973.916 28.487.404 Total collections 635.745.388 94.825.459 14,9% 17.651.687 523.268.242
In 2019, total collections for copyright recorded an increase of € 21.8 million over 2018, due to the good performance of "live" music and TV proceeds, which include proceeds paid by an important television network for the period 2017- 2018 previously placed on hold due to a still pending litigation.
Although the national macroeconomic situation has not facilitated growth and radical regulatory changes in the reference market, SIAE has maintained the average rate of the shares due at 14.9% which represent the cost of the service provided by SIAE to its members. These shares have steadily decreased in recent years, placing the Company among the most competitive in the world ranking.
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In particular:
- Collections relating to the use of musical repertoires recorded an increase of € 25.5 million (+6% on 2018). This result is mainly attributable to the "Service Broadcasters" and the "Online" sectors. The first, as already mentioned, in relation to the accounting of substantial recoveries referring to previous years with an important television group. The second, on the other hand, is attributable to the growth of the streaming services market and to the efficiency of the identification system of the administered repertoire (SOPHIA) which has allowed for a significant increase in turnover. Live music is also on the rise. Conversely, the "mechanical reproduction" rights decreased (-19.5% on 2018).
- Royalties collected for audio-visual works show a decrease of € 2.5 million on 2018. This result is a consequence of the lower collection from broadcasting (-9.2%). It should be remembered that in 2018 substantial sums in arrears were collected from the primary national public broadcaster, only partially offset in 2019 by recoveries with an important television group. Without considering the trend of loss of revenue and previous recoveries, the normalized figure shows a growth trend over the years. The collection from video media records a negative figure (-21.1%) due to the constant and structural decline in the "physical" home video market, more than offset by the online collections (+ 67.9%), which represent the fastest-growing segment.
- A slight decrease in the proceeds recorded from theatrical and opera works (- € 1 million; -1.7%) attributable to the entry "broadcasting" for the regularization in 2018 of important adjustment items, only partially offset by the increase in proceeds from “Theatre” and “Other services”;
- The entries Literary Works and Figurative Arts and Rights from Abroad tend to be in line (to which reference is made to the appropriate paragraph).
Regarding the distribution of proceeds, please be advised that:
- the timing and the criteria that rule the distribution of proceeds are deliberated by the Management Board of the Company on the opinion of the Advisory Committees formed by Members
- SIAE meets the deadlines set out in Art. 17 of Legislative Decree No. 35/2017
- At the request of the interested parties, SIAE assigns important advances, allowing authors and publishers to obtain payment from copyright earlier than the actual distribution operations. B. Proceeds – SIAE’s proceeds consist of "allocated shares" which are earned at the time of collection as remuneration for administrative services (collection, distribution, liquidation and payment of copyright) provided to Associate and Mandate Members. The proceeds from the authorial sector, together with the fees for services provided to third parties on mandate or pursuant to law and together with the other proceeds, constitute the revenues shown in the “production value”.
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Production value and financial income are intended to remunerate all the factors of production and other management costs and charges. As already illustrated in paragraph 1 letter a), financial income is generated both by the various sources of financing identifiable in the Liabilities of the Balance Sheet (net assets, provisions for risks and charges, debts), and again by the management of copyright. With specific regard to financial income deriving from the management of copyright, it should be noted that these appear characteristic due to the natural temporal distinction between collections and distribution (the incoming flows deriving from the collection precede the outgoing flows in favor of the Members), whose frequency and distribution rules are established by Members every year through the specific bylaws approved by the Advisory Committees (in compliance with the provisions of Legislative Decree No. 35/2017). The financial income, similarly to what happens for most of the other Collective Management Organizations, and as the Assembly ruled in the July 2019 meeting, contribute to covering the operating costs of the management. The shares due to SIAE are withdrawn at the time of collection and the remainder is placed among debts as sums are awaiting to be attributed to the right-holders. The amounts invoiced on the basis of the licenses granted, but not collected, do not result in a deduction on the assumption that the intermediation service is performed at the time of collection. The commission is intended to remunerate the operating costs incurred net of complementary and accessory revenues.
36 TRANSPARENCY REPORT 2019 b) Financial information on the cost of rights management and other services provided by the Company to the rights-holders In compliance with the provisions of Legislative Decree No. 35/2017, Annex to Art. 28 paragraph 2, the income statements are presented as follows: 1. Separate Profit and Loss Account between management of Authors and other managements carried out by SIAE [point 2, letter b 2) and 3)]. 2. Authors’ Profit and Loss Account with a breakdown by category of rights (point 2, letter b 1)) with a distinction of the operating costs of each type and an indication of the resources that contribute to covering the costs. The amounts due withheld from the Associate members on the proceeds and financial income attributed to the category contribute to cover net operating costs (operating costs minus ancillary revenues).
In the order:
1. Separate Profit and Loss Account with a distinction between management of Authors and other managements carried out by SIAE (point 2, letter b 2) e 3)).
The analytical accounting process makes it possible to process the economic accounts of the various services and record the related economic results. The data of the previous year have been made comparable with those of the current year.
The overall economic result of the management of Authors shows a substantial breakeven. It is a clearly improved result compared to 2018 which recorded a substantial loss (- € 5.7 million). In 2019, the increase in collections generated an increase of approximately € 2.7 million in the amounts due and the financial management generated greater income for approximately € 4 million. The various repertoires (especially Music and Cinema) took part in the result from the management of Authors, recording a positive contribution margin of € 5.6 million.
The Other Managements summarize the economic accounts of the Services on behalf of third parties (Revenue Agency, Monopolies, etc.), of the Private Copy, of the “PER CHI CREA” (“For those who create”) project, of the management of Copyright Authentication (GE.VI), etc. Compared to the previous year, these managements achieved a margin of € 1.8, approximately € 5.2 million lower than that of 2018 (approximately € 7 million). This reduction is to be referred in particular to the worsening of the performance of the Copyright Authentication Management which shows a deficit of approximately € 1 million (last year it was a profit of € 0.2 million), of the Private Copy which required an intense collaboration with the institutions for the updating of tariffs and the definition of the operational aspects relating to the cases of exemption and reimbursement following the various judgments on the subject (Court of Justice and Council of State) and the consequent regulatory intervention; this activity generated an increase in personnel and management costs. In the framework of the agreements for Services on behalf of Third Parties, lower revenues (- € 0.7 million) from the Customs Agency and an increase in activities aimed at cooperation for VAT assessment are noted.
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SEPARATE INCOME STATEMENT 2019 AUTHORS OTHER SIAE MANAGEMENTS TOTAL SIAE COLLECTIONS 635.745.388 0 635.745.388
OPERATING COSTS Staff 57.517.491 16.084.470 73.601.961 Agents 29.947.017 11.701.315 41.648.332 Management and functioning costs 30.762.046 29.006.489 59.768.535 Information technology services 5.765.456 1.456.793 7.222.249 Amortizations and devaluations 8.814.670 1.050.080 9.864.750 Taxes and fees (106.303) 106.303 0 TOTAL COSTS 132.700.377 59.405.450 192.105.827 Revenues for ancillary services 29.735.146 60.505.834 90.240.980 NET OPERATING COSTS 102.965.231 (1.100.384) 101.864.847 Allocated shares on collections 94.761.048 - 94.761.048
Financial revenues 7.773.572 660.942 8.434.514
RESULT OF THE ACCOUNTING PERIOD (430.611) 1.761.326 1.330.715
2. Management of Authors Profit and loss account with a breakdown by category of rights [point 2, letter b point 1)]. It is common knowledge that SIAE is a generalist company in the sense that it manages, through the Sections, all forms of creative expression in the fields of music, cinema, theatre, opera, literary works and the visual arts.
MUSIC (The Music Section) manages the rights of public performance (DEM), reproduction (DRM), communication, recording, digital reproduction, Online, private copying (authors' share). In synergy with the management of the repertoire, the Music Section collects the related rights and membership fees from various entities.
CINEMA (The Cinema Section) manages the fair compensation due for the use of cinematographic works. It carries out collection services for the insurance quotas of films and venues, the public cinema register, etc.
DOR – LIRICA (Theatre, Opera and Ballet and Radio and Television Works) manages the rights of representation of theatrical and lyrical works, reproduction (DRM), communication, digital reproduction, online, private copying (authors' share). This Section carries out rental and critical editions services.
OLAF (Visual Arts and Literary Works) manages literary works and the figurative arts, in particular: the rights of acting in public, of edition, of reproduction of the works of the figurative arts, the resale right, the lending right, the right of reproduction (DRM), of communication, of digital reproduction, reprography, online, private copying (authors' share). This Section carries out filing of unpublished works and title page stamping services. The economic accounts relating to the individual repertoires set out in this document were prepared with the aforementioned criteria.
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The following categories and types are identified within the repertoire: REPERTORY CATEGORY TYPOLOGY Music Musical works performed in public Live & background Broadcasting Sound films Multimedia Abroad
Musical works reproduced Reproduction Broadcasting Multimedia Abroad Other: private copy, etc. Cinema Audiovisual works Broadcasting Reproduction Multimedia Abroad Other: private copy, etc. DOR-LIRICA (Theatre, Opera and Ballet, Radio and TV works) Opera and Ballet works Performance Reproduction Broadcasting Multimedia Abroad Other: private copy, rental, etc.
Theatre works Performance Reproduction Broadcasting Multimedia Abroad Other: private copy, etc. OLAF Literary works Acting Rental Reprography Reproduction Broadcasting Multimedia Abroad Other: private copy, etc.
Visual Art Reproduction Broadcasting Multimedia Abroad Resale Right Other: private copy, etc.
39 TRANSPARENCY REPORT 2019
The following standard income statement is produced for each category and type, reported here by way of example: Type of use Total category A B C Repertory COLLECTIONS
OPERATING COSTS Staff Agents Management and functioning costs Amortizations and devaluations Taxes and fees
OTHER REVENUES AND INCOMES Revenues for ancillary services
NET OPERATING COSTS
COPYRIGHT COMMISSION
FINANCIAL REVENUES
RESULT OF THE AUTHORAL MANAGEMENT ANCILLARY SERVICES BALANCE REPERTORY TOTAL RESULT
The economic data are produced by the analytical accounting system which SIAE has been using for many years. The structuring of the analytical data allows to detect proceeds, revenues, and costs directly from the management centres, from the working processes and from the typologies, categories and administered repertoire. The set of data relating to copyright constitutes the authors' income statement. Similarly, the economic data of SIAE’s other managements are collected. The attribution process detects the costs of the various organizational structures, while the accounting separation cycles address the data first on each specific working process and, therefore, on the repertoire/category and type. The process view constitutes additional management information.
The following are the defined working processes: 1. Licensing and collection 2. Processing and distribution 3. Staff 4. Corporate
40 TRANSPARENCY REPORT 2019
The allocation of the costs of the licensing and collection process to the repertoires/categories/types follows the following path: - The costs of the network structure are charged on the basis of a recognition of the activities used for the various businesses. The survey evaluates the documents issued by each structure, their volume and specific processing times. In this way, the activities of the individual operating points are measured (local branches, market control and development, authorial credit recovery) which therefore help to establish the values to be assigned to the specific repertoire/category and type. The value is also used to charge the costs of the other network offices (regional and central). - The costs of the Agents mainly refer to the process of rights collection and are directly attributed to the repertoire/category and type as a derivation of the collections. However, a part is attributed to the working process in proportion to the activity dedicated to musical programs; this share is a percentage that is transferred from one process to another. - The collection costs of the central business structures are recognized at the level of the single cost centre of the operating units (sections, etc.) and at the same time on an object that identifies the process/business. The value of the operating units on the different categories and types of law is used to allocate the costs of the other Sectional and Divisional offices.
The allocation of processing and distribution costs mainly refer to the central business structures and are charged to a cost centre and an object that identifies the process and the repertoire/category and type. The value of the operating units is used to charge the costs of the other Sectional and Divisional offices.
The cost of the staff process is fuelled by all the charges recorded from the cost centres of the structures that offer services internal to the business and to the structures supporting corporate governance (Personnel, Administration, Purchasing and logistics, Information Technology, etc.) and are attributed to the repertoire/category and type based on the value of the personnel costs overall recorded for the collection and processing process (cost to cost on the entry "Personnel").
The corporate process detects the costs on the cost centres of the structures relating to the corporate bodies, general management and support offices as well as those attributed on orders to which corporate general expenses converge (Income taxes, costs of strategic management, etc.). These costs are addressed on repertoire/category and type according to turnover.
Resources used to cover costs [point 2 letter b) and 4)]
Revenues deriving from ancillary activities to the authorial business contribute, in reduction of operating costs, to the income statement of the repertoire/category and type and are attributed on the basis of their complementarity with the collection (example: administrative rights and fines and penalties follow the collection entry together with which they have been invoiced while the membership fees are attributed according to the members of the individual sections, etc.).
41 TRANSPARENCY REPORT 2019
Financial income is allocated in terms of category and repertoire level. The attribution is made based on the ability of each category to generate financial sources (Reserves, Funds, debts net of credits). Financial income contributes to the coverage of net operating costs.
Amounts withheld for social, cultural and educational services [point 2, letter b) and point 5)]
In compliance with the provisions of the reciprocal representation agreements with the foreign Collective Management Organizations and SIAE’s Association Agreements, the Order of Distribution of the Music Division establishes the possibility of deducting up to 10% of the copyright on musical representation and performances for the promotion of Italian music. Since 2016, the rate of deduction applied has been of 5%.
The withheld amounts fuel the Fund for charitable purposes and for the encouragement of the national arts, the amount of which at 31/12/2019 is equal to €33,764,626 and the use of which is decided by the Management Board.
Years of realization - Solidarity funds Category 2018 2019 Total Musical performance: dancing - entertainment 4.747.417 4.793.874 9.541.291 Musical performance : concert - other events 2.465.321 2.564.626 5.029.946 Musical performance: cinematographic 447.828 501.932 949.760 Broadcasting 4.264.054 5.107.271 9.371.324 Background music 3.489.206 1.824.839 5.314.045 Abroad 844.091 970.899 1.814.991 Multimedia 742.517 1.000.751 1.743.268 TOTAL 17.000.435 16.764.191 33.764.626
42 TRANSPARENCY REPORT 2019
Deductions made on collections [point 2, letter b) and point 6)] The deductions made on collections (allocated shares) during the accounting period are reported in the following table:
2019 - SIAE ALLOCATED SHARES MUSIC Musical performance rights Mechanical reproduction rights -Public performances, live and recorded, in the context of 20,8% -Video reproduction (all channels General Permission, work by work licences) 18,0% dancings, entertainments and small concerts -Use of the soundtracks of film, short films, etc. in movie theatres 20,8% -Recording by radio and tv broadcasters 11,5%
- Broadcast of tv series, films, short films, etc. soundtracks by radio -Video-musical reproduction (all channels General Permission, work by work 11,5% 9,325% and tv broadcasters licences) -Reproduction on supports sold at a reduced price or distributed for free, for -Broadcast and recording by radio and tv broadcasters 11,5% 9,325% promotional campaigns, etc. -Broadcast in public establishments with radio, tv and cable radio 21,0% -Phono reproduction (ordinary channels General Permission) 7,325%
-Public performances, as concerts, magazines, bands and theatre -Phono reproduction (Centralized licences for ordinary channels General 20,8% 7,025% variety Permission) -Phono reproduction (General Permission editorial joint-offers, work by work -Megaconcerts (collection > € 30.000) 7,0% 10,0% licences) -Background music - Radio in Store 22,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Phono reproduction for DJ professional use 14,0% -Online broadcast (streaming, webcasting, etc.) 10,0% DOR - OPERA Opera - Ballet Theatre -Original works performance or representation 8,0% -Original works performance 12,0% -Elaborated works performance or representation 22,0% -Elaborated works performance 22,0% -Broadcast and recording by radio and tv broadcasters 11,5% -Broadcast and recording by radio and tv broadcasters 11,5% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Online broadcast (streaming, webcasting, etc.) 10,0% -Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Audio reproduction 10,0% -Audio reproduction 10,0% -Video reproduction 18,0% -Video reproduction 18,0% OLAF Literary works Visual art -Broadcast by radio and tv broadcasters 11,5% -Broadcast by radio and tv broadcasters 11,5% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Broadcast in public establishments with radio, tv and cable radio 21,0% -Visual art works reproduction (pictures, sculptures, graphic works and - Reading and acting in public of literary works 8,0% 12,5% photographies) - Lending provided by public libraries 7,5% - Resale right (sales of works, subsequent to the first) 17,0% -Reprography (reproduction, for personal use within the 15% of 20,0% -Online broadcast (streaming, webcasting, etc.) 10,0% the volume) -Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0% -Utilizations abroad 3,0% -Video reproduction 18,0% -Audio reproduction 10,0% -Video reproduction 18,0% -Publishing rights 3,0% CINEMA Audiovisual works - Private copying levy for television broadcasting of audiovisual 11,0% works - Private copying levy for video reproduction of audiovisual works 18,0%
-Online broadcast (streaming, webcasting, etc.) 10,0% -Utilizations abroad 3,0%
43 TRANSPARENCY REPORT 2019 c) Financial information on amounts due to the rights-holders The financial flows of the amounts destined to the distribution are structured as follows:
Flows to be allocated at January 1, 2019 791.447.868 Advances at January 1, 2019 (80.378.779) Fund for Music prepayments devaluations 249.061 Total at January 1, 2019 711.318.150 Net collections 2019 539.969.204 Amounts distributed in 2019 (490.927.679) Total at December 31, 2019 760.359.675 Flows to be allocated at December 31, 2019 836.723.236 Advances at December 31, 2019 (76.602.081) Fund for Music prepayments devaluations 238.520 Total at December 31, 2019 760.359.675
Relationships with other foreign Collective Management Organizations [point 2, letter d)]
2019 Balance of Payments to and from abroad, points out a negative balance equal to € 23.767.098.
ABROAD - Collections and Payments Collections Payments Balance CINEMA 2.657.553 (8.223.071) (5.565.517) DOR 996.824 (349.563) 647.261 OPERA (Opera and Ballet) 91.176 (255.231) (164.055) OLAF (Visual Arts and Literature) 2.349.441 (1.733.154) 616.287 MUSIC 24.163.103 (43.578.574) (19.415.471) DIRECT MANAGEMENTS 114.397 114.397 Total 30.372.494 (54.139.592) (23.767.098) Such balance is due to collections (net of the “allocated share” withheld by the foreign sister societies) of € 30.372.494 which resulted much lower than the amount distributed to other foreign Collective Management Organizations.
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The Sections/Divisions movements from and to foreign countries are represented below.
Please note that each Collecting Society transfers the royalties net of commissions. On collections from abroad, SIAE applies a 3% commission.
45 TRANSPARENCY REPORT 2019
For the details referred to in point 2 letter d) please see the annex to the document.
Collections from abroad in 2019
The results of the comparative analysis of income received from abroad in 2019 compared to 2018 for the various directories administered are summarized below.
Music Division Repertoire + 4,55% (Musical Performing rights - Mechanical reproduction rights – Broadcasting)
Musical Performing rights + Mechanical Reproduction rights + Broadcasting
Change % CONTINENT 2019 2018 % total 2019 2019-2018 AFRICA 16.497 21.847 (24,49%) 0,07% ASIA 2.545.713 1.658.443 53,50% 10,54% EUROPE 17.687.431 17.632.209 0,31% 73,20% NORTH AMERICA 2.836.366 2.628.454 7,91% 11,74% OCEANIA 338.438 290.396 16,54% 1,40% SOUTH AMERICA 738.657 879.509 (16,09%) 3,05% TOTAL 24.163.102 23.110.859 4,55% 100,00%
From the comparison of the total remittances received in 2019 (Musical Performing Rights – Mechanical Reproduction Rights - Broadcasting) compared to those of 2018, a total increase of 4.55% is recorded; this result is the product of different trends between the geographical areas and the different sectors from which the proceeds of the companies from abroad originate. In fact, the rights for Musical Performing Rights uses of SIAE’s repertoire abroad increased by 15.98%; mechanical reproduction rights decreased overall by 27.73%, while proceeds from cable uses increased by 2.09%.
Some of the causes that led to these results are highlighted separately below.
With regards to the rights of public performance and communication to the public, the increase in 2019 is still attributable to a greater extent to remittances received from European companies. An infinitesimal increase in proceeds from European countries reflects the circumstance that online uses are out of this survey, as all multinational music services are now licensed at multi-territorial level and the related proceeds are made directly by the Company.
The total amount of remittances constitutes 73.20% of the general total of remittances from abroad. In 2019, European companies paid a total of € 17,687,431 to SIAE compared to € 6,474,994 from the rest of the world. This result still appears to be attributable to two reasons that have remained constant over time: the relative greater popularity of the Italian repertoire in the culturally and geographically closest countries and in the structurally more profitable markets in terms of copyright and the higher level of rights protection in the European Economic Area with compared to the rest of the world, including the USA.
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With regard to Mechanical Reproduction Rights, a total decrease of 27.73% is noted, with a decrease of 35.51% on remittances from Europe. It can be observed that the trend in reproduction rights in the various countries is affected not only by the incidence of direct multi-territorial licenses, but also by the rapid decline in download services, whose fees are mostly qualified as reproduction rights. It should also be remembered that 2018 remittances had increased thanks to a large payment received by the German sister company GEMA for private copying (€ 1,912,376) and following a ruling by the High Court of Berlin which had released the payment of sums previously set aside both for the entry into force of new rules regarding the publisher's share for private copying, rules that led to the release of proceeds relating to mobile telephony and tablets for the years 2011-2016. Therefore, the effects on collections were not structural but only related to the contingency described above.
A more detailed analysis was conducted by geographical areas (Europe, North America, South America, Asia, Australia, and Africa), as per the commented cards for each territory shown below.
INCOME FROM ABROAD MUSICAL PERFORMING RIGHTS - CABLE – MECHANICAL REPRODUCTION RIGHTS BY GEOGRAPHICAL AREAS - COMPARISON 2018 – 2019
Musical Performing rights
Change % CONTINENT 2019 2018 % total 2019 2019-2018
AFRICA 16.497 19.647 (16,03%) 0,09% ASIA 2.144.944 1.478.076 45,12% 11,40% EUROPE 13.237.858 11.420.863 15,91% 70,35% NORTH AMERICA 2.506.591 2.268.900 10,48% 13,32% OCEANIA 256.988 225.409 14,01% 1,37% SOUTH AMERICA 654.401 812.348 (19,44%) 3,48% TOTAL 18.817.279 16.225.242 15,98% 100,00%
47 TRANSPARENCY REPORT 2019
Broadcasting
Change % % total CONTINENT 2019 2018 2019-2018 2019
AFRICA - - - 0,00% ASIA 14.871 - 100,00% 1,18% EUROPE 1.209.781 1.187.290 1,89% 95,75% NORTH AMERICA - - - 0,00% OCEANIA 1.097 2.156 (49,13%) 0,09% SOUTH AMERICA 37.711 48.189 (21,74%) 2,98% TOTAL 1.263.460 1.237.635 2,09% 100,00%
Mechanical Reproduction rights
Change % % total CONTINENT 2019 2018 2019-2018 2019
AFRICA - 2.200 (100,00%) 0,00% ASIA 385.898 180.368 113,95% 9,45% EUROPE 3.240.469 5.024.056 (35,51%) 79,36% NORTH AMERICA 329.775 359.555 (8,28%) 8,08% OCEANIA 80.353 62.832 27,89% 1,97% SOUTH AMERICA 45.868 18.972 141,77% 1,12% TOTAL 4.082.364 5.647.982 (27,73%) 100,00%
• EUROPE Total: +0.31%
Musical Performing rights: +15.91% - Cable: +1.89% - Mechanical reproduction rights: -35.51%
Europe is still the geographical area from which the majority of revenues come from, with 73.20% of the total revenues from abroad for performing rights, mechanical rights and cable.
The increases shown below are calculated as a change in the total 2019 revenue, which amount to € 17,687,431. The most important revenues obviously come from the most important Societies, such as SACEM/France, increasing from € 3,848,643 in 2018 to € 4,240,430 in 2019 and PRS/UK, increasing from € 1,020,643 to € 1,415,244. Other noteworthy increases regarded OSA/The Czech Republic (from € 134,177 to € 217,567), SUISA/Switzerland (from € 2,361,179 to € 2,502,613), STIM/Sweden (from €198,066 to € 269,727), SGAE/Spain (from €799,173 to € 919,793), KODA-NCB/Denmark (from € 290,107 to €
48 TRANSPARENCY REPORT 2019
351,907), HDS-ZAMP/Croatia (from € 39,061 to € 86,458), IMRO/Ireland (from € 35,314 to € 103,342) and ARTISJUS/Hungary (from € 198,336 to € 298,477).
A positive trend in total revenues received in 2019 compared with 2018 was showed also in the case of BUMA-STEMRA/The Netherlands, TONO/Norway, NCIP/Belarus, TEOSTO/Finland, STEF/Iceland, LATGA-A/Lithuania, ZAMP/Macedonia, SOZA/The Slovak Republic, SOKOJ/Serbia, SAZAS/Slovenia.
As to SABAM/Belgium (from € 489,677 to € 606,686) it has to be noted that, despite the increase in the total amount paid in favour of SIAE, revenues for cable uses relating to 2018 were available for SIAE only in the first days of January 2019; therefore, the revenues relating to 2017 and 2018 were received in 2019. 2019 revenues for cable uses therefore covered a revenue decrease for performing and mechanical reproduction rights in comparison with 2018.
Compared with 2018, payments from GEMA/Germany decreased in 2019. This is understandable – as highlighted above – in light of the payment in 2018 of a large amount for private copying, which is not structural and cannot be repeated in the future. However, it is to be highlighted an increase as to performing rights revenues, from € 2,177,747 to € 2,700,943; there was a decrease in cable revenue (from € 2,662 to € 1,355) but an increase in mechanical reproduction rights compared with 2017, the year during which no previous amounts for private copying were paid by GEMA (€ 656,431 in 2017 compared with € 841,397 in 2019).
A decrease was recorded as to the payments from:
• UCMR-ADA/Romania (from €259,289 to € 126,771) • SPA/Portugal (from € 181,057 to € 145,254) • ZAIKS/Poland (from € 366,697 to € 346,063) • RAO/Russia (from € 127,744 to € 49,493)
With regards to mechanical reproduction rights, positive results are observed in the following countries:
• Denmark/KODA-NCB (from € 18,679 to € 47,727) • The Netherlands/BUMA-STEMRA (from € 110,309 to € 132,672) • Switzerland/SUISA (from € 293,312 to € 336,549) • Poland/ZAIKS (from € 28,944 to € 35,605)
A negative trend compared with 2018 is instead observed for Austria/AUME (from € 151,242 to € 98,006), Belgium/SABAM (from €105,184 to € 90,144), France/SACEM (from € 1,248,118 to € 1,192,167)
It is to be noted that the average Euro/local currency exchange rate in 2018 and 2019 had the following trend for some of the aforementioned countries:
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(amount of foreign currency for 1 euro) Average Average Country and local exchange rate exchange rate currency 2019 2018 Poland – zloty 4,2976 4,2615 United Kingdom – GBP 0,87777 0,88471 Romania – new leu 4,7453 4,654 Russia – russian ruble 72,4553 74,0416 Svizzera – Swiss franc 1,1124 1,155 Hungary – Hungarian forint 325,2967 318,8897 Source: Banca d’Italia
• SOUTH AMERICA Total: -16,09%
Musical Performing rights: - 19.44% - Cable: - 21.74% - Mechanical reproduction rights: + 141.77%.
From 2018 to 2019, in the South American geographical area the increase in payments for performing rights regarded only APDAYC/Peru (from € 39,019 to € 44,299 and AGADU/Uruguay (from € 7,454 to € 8,403).
A decrease is observed especially for SADAIC/Argentina (from € 259,442 to € 195,734) and UBC/Brazil (from € 342,249 to € 310,893). The decrease also affected the revenues for cable uses, which in any case do not constitute a significant part of payments in the geographical area in question.
As to mechanical reproduction rights, the economic results of Argentina/SADAIC (from € 7,668 to € 10,295 despite the unfavourable Argentine Peso/Euro exchange rate) and Brazil/UBC (from € 10,410 to € 34,562) are in contrast with the trend.
It is to be noted that the average Euro/local currency exchange rate in 2018 and 2019 had the following trend with regard to the aforementioned countries:
(amount of foreign currency for 1 euro) Average Average exchange Country and local currency exchange rate rate 2019 2018 Argentine – argentine peso 53,8229 32,9094 Brasil - real 4,4134 4,3085 Perù – nuevo sol 3,7364 3,8793 Uruguay – uruguayan peso 39,4297 36,2299 Source: Banca d’Italia
50 TRANSPARENCY REPORT 2019
With regards to Venezuela, a country still in deep economic and humanitarian crisis, SACVEN did not make payments either in 2018 or in 2019.
• NORTH AMERICA Total: +7,91%
Musical Performing rights: + 10.48% - Mechanical reproduction rights: - 8.28%
The increase in performing rights is attributable to higher payments from ASCAP/USA (from € 909,182 to € 1,138,970), SESAC/USA (from € 1,425 to € 9,532) and SOCAN-SODRAC/Canada (from € 235,578 to € 246,197). There was an increase of payments from SACM/Mexico (from € 157,319 to € 192,633).
A decrease can be noted with regards to BMI’s (USA) payments (from €938,188 to € 907,593).
With regards to mechanical reproduction rights it is to be noted the increase in payments from HFA/USA (from € 207,278 to € 282,453).
There is a decrease in payments from SOCAN-SODRAC/Canada for mechanical reproduction rights (from € 134,010 to € 47,321).
It is to be noted that the average Euro/local currency exchange rate in 2018 and 2019 had the following trend with regards to the aforementioned countries:
(amount of foreign currency for 1 euro) Average Average Country and local currency exchange rate exchange rate 2019 2018 Canada – canadian dollar 1,4855 1,5294 Mexico – mexican peso 21,5565 22,7054 USA – USD 1,1195 1,181 Source: Banca d’Italia
• ASIA Total: +53,50%
Musical Performing rights: + 45.12% - Cable: + 100% - Mechanical reproduction rights: + 113.95%
The total increase is to be mainly attributed to the important payment from JASRAC/Japan (from € 1,296,130 to € 2,179,683) equal to the increase of € 883,553, due to a growth in the amounts paid both for performing rights and mechanical reproduction rights.
Another noteworthy increase regards the payments from ACUM/Israel (from € 97,150 to € 142,676), MESAM/Turkey (from € 13,246 to € 22,834), MÜST/Taiwan (from € 11,721 to € 19,828), CASH/Hong Kong (from € 35,955 to € 38,563). Increases, even though smaller, can be noted in the case of COMPASS/Singapore and MCT/Thailand. 51 TRANSPARENCY REPORT 2019
Instead, payments from KOMCA/South Korea (from € 129,861 to € 89,149), MACP/Malaysia (from € 20,339 to € 8,205) and MCSC/China (from € 18,614 to € 12,109) decreased.
It is noted that the average Euro/local currency exchange rate in 2018 and 2019 had the following trend for the aforementioned countries:
(amount of foreign currency for 1 euro) Average Average Country and local currency exchange rate exchange rate 2019 2018 Cina - yuan 7,7355 7,8081 South Korea – won south 1305,32 1299,07 Japan – JPY 122,0058 130,3959 Hong Kong – Hong Kong dollar 8,7715 9,2559 Israel - shekel 3,9901 4,2423 Turkey – new Turkish lira 1,5273 5,7077 Source: Banca d’Italia
• AUSTRALIA AND NEW ZEALAND
Total: +16,54%
Musical Performing rights: +14.01% - Cable: -49.13% - Mechanical reproduction rights: + 27.89%
The positive trend recorded in 2018 for APRA/AMCOS (Australia) (from € 290,396 to € 338,437) continues also for 2019, due to the increase in receipts for both Musical Performing Rights and Mechanical Reproduction Rights despite the worsening of the Australian $ exchange rate - EUR.
(amount of foreign currency for 1 euro) Average Average Country and local exchange rate exchange rate currency 2019 2018 Australia – australia dollar 1,6109 1,5797 Source: Banca d’Italia
• AFRICA Total: - 24,49%
Musical Performing rights; -16.03% - Mechanical reproduction rights: - 100%
The decrease in the Musical Performing Rights and Mechanical Reproduction Rights area is due to the absence of remittances by ONDA/Algeria (for Musical Performing Rights from € 3,412 to 0, for Mechanical Reproduction Rights from € 2,200 to 0).
52 TRANSPARENCY REPORT 2019
The proceeds from SAMRO/ the Republic of South Africa remained substantially stable (from € 16,234 to € 16,497).
Total remittances from Africa continue to be very modest (from € 21,847 to € 16,497).
OTHER REPERTOIRES
OLAF Section repertoire: Literary works: - 6.8%
A slight reduction of 2019 revenues (€ 440,272) compared with 2018 (€472,387) can be noted.
Some concern may be raised by the substantial decrease of payments from Switzerland/PROLITTERIS (from € 99,406 to € 44,272), Australia/CA (from € 60,754 to € 52, 127) and The Netherlands/LIRA (from €61,391 to € 41,637). Belgium/REPROBEL did not make any payment in 2019 (from € 29,359 to € 0).
Increases are instead noticed from Norway/KOPINOR (from € 23,323 to € 26,521) and, even though of less importance, from Hungary/ARTISJUS, Canada/ACCESS and Spain/CEDRO.
A slight reduction regards also the payments from Denmark/COPYDAN WRITING. And France/CFC.
OLAF Section repertoire: Visual arts: - 38.57%
In 2018 the total of payments from abroad had a strong increase due to the payment from Germany/BILD- KUNST of € 1,442,305 for private copying relating to previous periods, as in the case described above relating to GEMA and the musical repertoire. Payments from BILD-KUNST for 2019 (amounting to € 248,338) are
53 TRANSPARENCY REPORT 2019 back in line (with an increase) with those of 2017 (€ 209,038). This premise allows to better understand the 2019 total decrease in payments (€ 1,909,169) compared with the 2018 results (€ 3,108,102),
For 2019 there are interesting increases in payments from Austria/BILDRECHT (€ 137,071 to € 235,290), United Kingdom/DACS (from € 881,622 to € 946,079) and Japan/JASPAR (from € 6,563 to € 11,030); a slight increase can be seen as to payments from Norway/BONO and South Korea/SACK, even though the revenues in question are of modest level.
A decrease in payments from Belgium/SABAM (from € 41,777 to € 6,232), France/ADAGP (from € 286,926 to € 244,962), The Netherlands/PICTORIGHT (from € 91,157 to € 49,068), Switzerland/PROLITTERIS (from € 42,031 to € 12,005), Denmark/VISDA (from € 13,296 to € 7,577).
As to Spain/VEGAP, in 2018, it paid arrears relating to the years 2015 to 2017 equal to € 62,000. In 2019 the amount of € 28,183 was paid.
DOR/OPERA Section repertoire; + 3.54%
The general increase is due for 0.98% to the payments from abroad received by the DOR Section (from € 1,100,434 in 2018 to € 1,111,221).
In particular, an increase can be reported from Switzerland/SSA (from € 369,535 to € 437,905), Russia/RAO (from € 86,249 to € 137,975), Hungary/HOFRA (from € 4,435 to € 23,270), Brazil/ ABRAMUS (from € 9,628 to € 18,868), The Czech Republic/DILIA (from € 50,433 to € 52,072), Belgium/SABAM (from € 17,084 to € 19,692).
Although the revenues are not considerable, a growth of payments made by Lithuania/LATGA-A, Poland/ZAIKS, Portugal/SPA, Estonia/EAU, Slovenia/AAS and Croatia/HAA is reported, the latter being agencies occasionally asking for the granting of authorizations.
Decreases are reported as to payments from France/SACD (from € 359,120 to € 278,600), Spain/SGAE (from € 13,288 to € 7,212), Argentina/ARGENTORES (from € 7,816 to € 972), Greece/SOPE (from € 7,201 to € 4,757).
As to the Opera Section, the increase in payments received from abroad (from € 60,874 to € 91,175) corresponds to 49.78%, and is due to the remarkable increase in payments from Switzerland/SSA (from € 7,777 to € 38,679) and France/SACD (from € 16,570 to € 45,562).
A substantial decrease is reported for Argentina/ARGENTORES (from € 28,532 to € 0 in 2019).
Cinema Section repertoire: - 0.94%
The comparison between the payments received in 2019 and those received in 2018 shows a substantial increase as to Switzerland/SSA (from € 251,220 to € 313,451) and SUISSIMAGE (from € 268,524 to € 385,206), Austria/LITERAR-MECHANA (from €24,537 to €51,113), France/SCAM (from €55,607 to €148,317),The Netherlands/LIRA (from €36,884 to €97,337) and VEVAM (from €10,403 to €54,907), Spain/SGAE (from €142,532 to €170,318).
54 TRANSPARENCY REPORT 2019
A positive trend regards also The Slovak Republic/ LITA, The Czech Republic/DILIA and Hungary/FILMJUS. The substantial decrease in payments from Germany/BILD-KUNST (from €425,652 to €166,032) depends on the 2018 payment of the remuneration for private copying (directors) relating to previous periods, extraordinary payment that cannot be repeated, as explained in the sections of this report relating to the musical and visual arts repertoires. Decreases can be noted in payments from Belgium/SABAM (from €160,100 to €54,823), France/SACD (from €963,251 to €763,909), Germany/VG WORT (from €215,034 to 103,930).
***
By exhibition order, the data relating to repertoires and economic categories (Annex to Art. 28, paragraph 2, point 2 letter b), information on the distribution of rights (Annex to Art. 28, paragraph 2, point 2 letter c) and on relations with other collective management organizations (Annex to Art. 28, paragraph 2, point 2 letter d) are illustrated on different chapters articulated by repertoire. Details of each repertoire’s balance of payments are illustrated in the Appendix (Annex 1).
It should be noted that the implementation of the legislation during the accounting period 2017 did not make it possible to display certain details referred to in point 7 letter c). This information will be available in future accounting periods.
In particular, for a better understanding of the data contained in the following tables dedicated to each repertoire, it is illustrated the logical diagram relating to the processing flows of the rights referred to at letter c).
55 TRANSPARENCY REPORT 2019
***********
The present Transparency Report was drafted, in each significant aspect, according to the dispositions set out in Legislative Decree No. 35 of March 15, 2017.
The President
56
MUSIC REPERTOIRE
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it
TRANSPARENCY REPORT 2019
Collections 2019
Deductions for Collections to Musical works performed in public Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities A B C Radio 12.716.024 1.462.342 11,5% 562.684 10.690.998 Television 74.347.869 8.550.004 11,5% 3.289.374 62.508.491 Satellite 28.639.796 3.293.576 11,5% 1.267.311 24.078.909 Music film 12.700.320 2.641.692 20,8% 502.931 9.555.697 Live music 145.796.564 29.109.111 20,0% 5.228.498 111.458.955 Mus. Mechanical instrument i. Discotheques 38.228.520 7.951.483 20,8% 1.513.852 28.763.185 Mus. Mechanical instrument ii. Other 84.232.634 18.080.862 21,5% 3.307.589 62.844.183 Online multimedia 29.455.026 2.947.792 10,0% 1.005.532 25.501.702 Total 426.116.753 74.036.862 17,4% 16.677.771 335.402.120
Deductions for Collections to Musical works reproduced Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities A B C Radio 871.599 100.234 11,5% - 771.365 Television 9.652.847 1.110.077 11,5% - 8.542.770 Phonographic market i. National 8.275.816 770.783 9,3% - 7.505.033 Phonographic market ii. Centralized licenses 1.938.122 136.153 7,0% - 1.801.969 Videographic market i. National 564.090 101.532 18,0% - 462.558 Synchronisation rights - - 0,0% - - Private Copy i. Audio 24.433.325 733.000 3,0% - 23.700.325 Private Copy ii. Video 2.375.643 71.269 3,0% - 2.304.374 Online Multimedia 1.501.270 150.126 10,0% - 1.351.144 Mobile Multimedia 90.332 9.033 10,0% - 81.299 Total 49.703.044 3.182.207 6,4% - 46.520.837
Deductions for Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A cultural promotion allocate (A-B) activities A B C Musical works performed in public 20.080.740 602.421 3,0% 973.916 18.504.403 Musical works reproduced 4.082.363 122.470 3,0% 3.959.893 Total 24.163.103 724.891 3,0% 973.916 22.464.296 TOTAL 499.982.900 77.943.960 15,6% 17.651.687 404.387.253
58 TRANSPARENCY REPORT 2019
Workflows (pursuant to Annex to Art. 28 letter c) point 1,3,4,5)
Music - Performing and reproduction musical works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Musical performance - current 428.435.895 205.400.879 223.035.017 19.033.097 204.001.919 S Broadcasting - current 320.689.916 197.682.623 123.007.293 4.779.230 118.228.063 S - A Private copy - current 51.681.372 17.392.385 34.288.987 - 34.288.987 S Abroad - current 41.352.471 17.759.264 23.593.206 1.257.506 22.335.701 S Mechanical reproduction rights - current 23.920.846 14.925.558 8.995.288 7.088.243 1.907.044 S Multimedia - current 57.077.276 30.121.253 26.956.023 8.882.104 18.073.919 S - T Previous amount Music 57.718.798 - 57.718.798 21.207.175 36.511.623 S - A Total 980.876.574 483.281.963 497.594.612 62.247.355 435.347.256
(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly
Financial Flow (pursuant to Annex to Art. 28 letter c) point 2)
Distributed Initial residue Total distributed Paid Final debt 435.347.256 (59.713.584) 375.633.672 379.991.170 (4.357.497)
59 TRANSPARENCY REPORT 2019
Detailing for collected and not attributed rights (pursuant to Annex to Art. 28 letter c) point 4)
Music - Performing and reproduction musical works Accounting periods in which the above listed rights were collected and not attributed Previous accounting Total amount collected and Category name 2017 2018 2019 periods not attributed yet Musical performance - current 9.339.806 196.061.072 205.400.879 Broadcasting - current 667.251 109.590.794 87.424.578 197.682.623 Mechanical reproduction rights - current 3.840.128 62.687 1.246.152 9.776.591 14.925.558 Private copy - current 628.150 16.764.235 17.392.385 Abroad - current 838.756 16.920.508 17.759.264 Multimedia - current 116.672 3.818.996 16.191.213 9.994.372 30.121.253 Total 3.956.800 4.548.935 137.834.870 336.941.357 483.281.962 Detailing for attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 5) Music - Performing and reproduction musical works Accounting periods in which the above listed rights were attributed and not distributed Previous accounting Total amount attributed and Category Name 2017 2018 2019 periods not distributed yet Musical performance 424.069 10.637.212 7.971.816 19.033.097 Broadcasting 237.702 3.597.818 943.711 4.779.231 Mechanical reproduction rights 5.035.329 672.096 930.887 449.932 7.088.243 Multimedia 1.529.347 355.458 3.896.028 3.101.271 8.882.104 Abroad - 238.939 314.687 703.880 1.257.506 Previous amount Music 21.207.175 - - - 21.207.175 Total 27.771.851 1.928.265 19.376.631 13.170.609 62.247.356 Reasons for not attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 6)
Music - Performing and reproduction musical works Collected and not attributed rights Category Name 2017 2018 Total Musical performance - 9.339.806 9.339.806 Broadcasting 667.251 109.590.794 110.258.045 Mechanical reproduction rights 62.687 1.246.152 1.308.839 Private copy - 628.150 628.150 Abroad - 838.756 838.756 Multimedia 3.818.996 16.191.213 20.010.209 Total 4.548.935 137.834.870 142.383.805
The rights were not allocated within nine months of collection due to lack of distribution requirements such as incomplete collections, failure to receive reports of use of works, legal disputes, etc..
Music - Performing and reproduction musical works Attributed and undistributed rights Category Name 2017 2018 Total Musical performance 424.069 10.637.212 11.061.281 Broadcasting 237.702 3.597.818 3.835.520 Mechanical reproduction rights 672.096 930.887 1.602.983 Multimedia 355.458 3.896.028 4.251.486 Abroad 238.939 314.687 553.626 Total 1.928.265 19.376.631 21.304.896
60 TRANSPARENCY REPORT 2019
The rights attributed were not distributed due to unidentified rights, irregular declarations of works, holders of unidentified or localized rights, irregularities in programs and reports, missing soundtracks, partial withdrawal of the mandate, disputes and other causes of suspension.
Amounts received and paid to other Collective Management Organizations [pursuant to Annex to Art. 28 letter d)]
Music Collections from other Collective management Organizations Payments to other Collective management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 20.080.740 602.421 973.916 76.121 41.734.456 9.237.999 2.196.550 Mechanical reproduction rights 4.082.363 122.471 - 38.249 1.844.118 126.145 - Other types of rights ------Total 24.163.103 724.892 973.916 114.369 43.578.574 9.364.144 2.196.550
Financial information regarding the incomes and the costs related to rights management [pursuant to Annex to Art. 28, point 2, letters a) and b)]
Type of use Total category Musical performance PERFORMING Live & Broadcasting Multimedia Abroad Sound films* RIGHTS Background* COLLECTIONS 243.827.306 12.700.320 140.134.101 29.455.026 20.080.740 446.197.493
OPERATING COSTS 76.533.347 4.526.842 14.784.096 2.732.009 1.823.497 100.399.791 Staff 31.982.844 2.169.411 5.731.213 1.360.793 722.336 41.966.597 Agents 21.732.842 896.192 2.833.993 0 0 25.463.027 Management and functioning costs 17.960.475 1.082.482 5.206.231 1.106.478 865.612 26.221.278 Amortizations and devaluations 4.898.806 380.922 1.036.581 269.767 238.982 6.825.058 Taxes and fees (41.620) (2.165) (23.922) (5.029) (3.433) (76.169)
OTHER REVENUES AND INCOMES 14.736.974 609.440 3.102.131 336.207 130.174 18.914.926 Revenues for ancillary services 14.736.974 609.440 3.102.131 336.207 130.174 18.914.926
NET OPERATING COSTS 61.796.373 3.917.402 11.681.965 2.395.802 1.693.323 81.484.865
COPYRIGHT COMMISSION 74.639.173
FINANCIAL REVENUES 5.280.840
PERFORMING RIGHTS AUTHORAL MANAGEMENT RESULT (1.564.852)
61 TRANSPARENCY REPORT 2019
Type of use Total category REPRODUCTION Reproduction Broadcasting Multimedia Private Copy Abroad RIGHTS COLLECTIONS 10.778.028 10.524.446 1.591.602 26.808.968 4.082.363 53.785.407
OPERATING COSTS 2.930.444 786.732 147.625 109.156 370.712 4.344.669 Staff 1.659.255 344.251 73.531 41.300 146.849 2.265.186 Agents 50.321 16.584 0 0 0 66.905 Management and functioning costs 998.801 355.652 59.790 50.875 175.977 1.641.095 Amortizations and devaluations 223.914 72.042 14.576 16.981 48.584 376.097 Taxes and fees (1.847) (1.797) (272) 0 (698) (4.614)
OTHER REVENUES AND INCOMES 545.631 111.428 18.167 47.194 26.465 748.885 Revenues for ancillary services 545.631 111.428 18.167 47.194 26.465 748.885
NET OPERATING COSTS 2.384.813 675.304 129.458 61.962 344.247 3.595.784
COPYRIGHT COMMISSION 3.304.798
FINANCIAL REVENUES 250.996
REPRODUCTION RIGHTS AUTHORAL MANAGEMENT RESULT (39.990)
AUTHORAL MANAGEMENT TOTAL RESULT (1.604.842) ANCILLARY SERVICES BALANCE 614.129 MUSIC REPERTORY TOTAL RESULT (990.713)
The negative result is due to the contribution of the financial management which was not sufficient to cover the costs. In fact, due to the specificity that music has to generate financial income, the contribution of this management is incredibly significant.
62
CINEMA REPERTOIRE
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it
TRANSPARENCY REPORT 2019
Collections 2019
Collections to Cinema - Audiovisual works Gross collections Allocated shares % B/A allocate (A-B) A B C Television 25.222.388 2.774.463 11,0% 22.447.925 Satellite 12.954.756 1.425.023 11,0% 11.529.733 Private Copy 9.154.049 640.783 7,0% 8.513.266 Other (DVD) 447.394 82.880 18,5% 364.514 Other (Multimedia other utilizations) 3.931.759 393.176 10,0% 3.538.583 Total 51.710.346 5.316.325 10,3% 46.394.021
Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A allocate (A-B) A B C Audiovisual repertory 2.657.553 79.727 3,0% 2.577.826 Total 2.657.553 79.727 3,0% 2.577.826 TOTAL 54.367.899 5.396.052 9,9% 48.971.847
Workflows (pursuant to Annex to Art. 28 letter c) points 1,3,4,5)
Cinema - Audiovisual works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Abroad 4.091.565 1.390.029 2.701.536 300.261 2.401.275 T Broadcasting 112.322.461 47.259.417 65.063.044 35.980.640 29.082.404 T Mechanical reproduction rights 2.148.351 296.663 1.851.688 1.329.693 521.995 S Private Copy 32.980.211 10.703.907 22.276.304 10.835.661 11.440.643 A Multimedia 8.333.841 6.999.209 1.334.632 1.172.091 162.541 T Previous amount Cinema 8.900.739 8.900.739 7.274.458 1.626.281 - Total 168.777.168 66.649.225 102.127.943 56.892.804 45.235.139
(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly
Financial Flow (pursuant to Annex to Art. 28 letter c) point 2)
Distributed Initial residue Total distributed Paid Final debt 45.235.139 3.944.702 49.179.841 34.541.001 14.638.840
64 TRANSPARENCY REPORT 2019
Detailing of collected and not attributed rights (pursuant to Annex to Art. 28 letter c) point 4)
Cinema - Audiovisual works Accounting periods in which the above listed rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 2019 not attributed yet Abroad 3.054 - 7.173 1.379.801 1.390.029 Broadcasting 2.445.489 9.552.107 8.196.732 27.065.089 47.259.417 Mechanical reproduction rights 147.201 19.772 1.809 127.882 296.663 Private Copy 904.559 543.572 3.987.384 5.268.391 10.703.907 Multimedia 1.016.737 592.912 1.850.977 3.538.583 6.999.209 Total 4.517.040 10.708.363 14.044.076 37.379.747 66.649.225
Detailing of attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 5)
Cinema - Audiovisual works Accounting periods in which the above listed rights were attributed and not distributed Total amount attributed and Category Name Previous accounting periods 2017 2018 2019 not distributed yet Abroad 56.109 79.668 37.310 127.173 300.261 Broadcasting 20.668.427 2.894.253 10.119.246 2.298.714 35.980.640 Mechanical reproduction rights 1.079.674 97.840 70.518 81.661 1.329.693 Private Copy 5.672.657 2.248.308 2.229.556 685.139 10.835.661 Multimedia 696.973 278.644 196.474 - 1.172.091 Previous amount Cinema 7.274.458 7.274.458 Total 35.448.299 5.598.714 12.653.105 3.192.687 56.892.804
65 TRANSPARENCY REPORT 2019
Reasons of not attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 6)
Cinema - Audiovisual works Collected and not attributed rights Category Name 2017 2018 Total Abroad - 7.173 7.173 Broadcasting 9.552.108 8.196.732 17.748.840 Mechanical reproduction rights 19.772 1.809 21.581 Private Copy 543.572 3.987.384 4.530.956 Multimedia 592.912 1.850.977 2.443.889 Total 10.708.363 14.044.076 24.752.439
The rights were not allocated within nine months of collection due to lack of distribution requirements such as incomplete collections, failure to receive reports of use of works, legal disputes, etc..
Cinema - Audiovisual works Attributed and undistributed rights Category Name 2017 2018 Total Abroad 79.668 37.310 116.978 Broadcasting 2.894.253 10.119.246 13.013.499 Mechanical reproduction rights 97.840 70.518 168.359 Private Copy 2.248.308 2.229.556 4.477.865 Multimedia 278.644 196.474 475.118 Total 5.598.714 12.653.105 18.251.819
The rights attributed were not distributed due to works not registered, membership with other repertoires, works suspended for irregularities, etc..
Amounts received and payed to other Collective Management Organizations [pursuant to Annex to Art. 28 letter d)]
Audiovisual works Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.225.838 66.775 - 2.159.063 5.062.555 580.061 - Mechanical reproduction rights 431.715 12.951 - 418.764 3.160.516 362.128 - Other types of rights ------Total 2.657.553 79.727 - 2.577.827 8.223.071 942.190 -
66 TRANSPARENCY REPORT 2019
Financial information regarding the incomes and the costs related to rights management [pursuant to Annex to Art. 28 paragraph 2 letters a) and b)]
Type of use Total category AUDIOVISUAL Broadcasting Reproduction Multimedia Abroad Private Copy WORKS COLLECTIONS 38.177.144 447.394 3.931.759 2.657.553 9.154.049 54.367.899
OPERATING COSTS 2.517.649 491.189 370.945 896.179 172.604 4.448.566 Staff 1.090.503 323.488 188.311 504.503 83.356 2.190.161 Agents Management and functioning costs 1.297.403 136.074 158.517 340.322 78.521 2.010.837 Amortizations and devaluations 136.266 31.707 24.795 51.805 10.727 255.300 Taxes and fees (6.523) (80) (678) (451) (7.732)
OTHER REVENUES AND INCOMES 1.041.549 53.460 86.379 76.175 116.568 1.374.131 Revenues for ancillary services 1.041.549 53.460 86.379 76.175 116.568 1.374.131
NET OPERATING COSTS 1.476.100 437.729 284.566 820.004 56.036 3.074.435
COPYRIGHT COMMISSION 5.396.052
FINANCIAL REVENUES 1.146.993
AUDIOVISUAL WORKS AUTHORIAL MANAGEMENT RESULT 3.468.610 ANCILLARY SERVICES BALANCE (405.264) CINEMA REPERTORY TOTAL RESULT 3.063.346
65
“DOR – LIRICA” REPERTOIRE (Theatre, Opera and Ballet and Radio and Television works)
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it
TRANSPARENCY REPORT 2019
Collections 2019
Collections to THEATRE, OPERA AND BALLET Gross collections Allocated shares % B/A allocate (A-B) A B C Theatre 23.824.241 2.933.603 12,3% 20.890.638 Radio 4.070.561 468.114 11,5% 3.602.447 Television 10.504.804 1.208.052 11,5% 9.296.752 Satellite 141.790 16.306 11,5% 125.484 Public establishments 20.322.945 4.267.702 21,0% 16.055.243 Mechanical reproduction rights 70.591 11.727 16,6% 58.864 Private Copy 1.787.855 53.635 3,0% 1.734.220 Rental and critical editions 1.015.141 64.413 6,3% 950.728 Total 61.737.928 9.023.552 14,6% 52.714.376
Collections to COLLECTIONS FROM SISTER SOCIETIES Gross collections Allocated shares % B/A allocate (A-B) A B C Theatre repertoire 1.111.221 33.337 3,0% 1.077.884 Opera and Ballet repertoire 91.176 2.735 3,0% 88.441 Total 1.202.397 36.072 3,0% 1.166.325
TOTAL 62.940.325 9.059.624 14,4% 53.880.701
Workflows (pursuant to Annex to Art. 28 letter c) points 1,3,4,5)
DOR - Theatre works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Theatre performances 27.420.109 4.455.563 22.964.546 2.516.347 20.448.199 T Broadcasting 52.856.869 23.057.084 29.799.785 525.218 29.274.567 M - T - A Mechanical reproduction rights 96.075 18.998 77.078 26.033 51.045 T Private Copy 2.563.150 1.258.104 1.305.046 5.047 1.299.999 A Abroad 1.625.324 327.939 1.297.385 51.775 1.245.610 T Multimedia 30.983 30.983 - - - T Previous amount Dor 2.949.002 2.949.002 2.385.007 563.995 - Total 87.541.512 29.148.671 58.392.841 5.509.427 52.883.415
Opera - Opera and Ballet Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Opera Performaces 4.831.772 1.109.335 3.722.437 980.796 2.741.641 Q Broadcasting 4.622.765 2.542.027 2.080.738 - 2.080.738 Q - A Abroad 158.095 110.743 47.353 - 47.353 Q Mechanical reproduction rights 32.313 25.448 6.865 - 6.865 A Private Copy 2.017.560 681.151 1.336.410 - 1.336.410 Q Rental and critical editions 1.186.462 292.911 893.551 - 893.551 Q Previous amount Opera 1.286.159 1.286.159 1.191.449 94.710 - Total 14.135.126 4.761.614 9.373.512 2.172.245 7.201.267
Total 101.676.638 33.910.285 67.766.353 7.681.671 60.084.682
(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly
70 TRANSPARENCY REPORT 2019
Financial Flow (pursuant to Annex to Art. 28 letter c) point 2)
Repertory Distributed Initial residue Total distributed Paid Final debt Dor 52.883.415 3.421.648 56.305.063 52.199.199 4.105.864 Opera 7.201.267 358.977 7.560.245 6.985.523 574.721 Total Dor-Opera 60.084.682 3.780.625 63.865.307 59.184.723 4.680.585
71 TRANSPARENCY REPORT 2019
Detailing of collected and not attributed rights (pursuant to Annex to Art. 28 letter c) point 4)
DOR - Theatre works Accounting periods in which the above listed rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 2019 not attributed yet Theatre performances - - - 4.455.563 4.455.563 Broadcasting 671.557 1.498.917 4.201.074 16.685.535 23.057.084 Mechanical reproduction rights - - - 18.998 18.998 Private Copy 201.640 212.153 341.197 503.114 1.258.104 Abroad - 999 5.788 321.151 327.939 Multimedia 3.765 2.153 25.065 - 30.983 Total 876.963 1.714.222 4.573.124 21.984.362 29.148.671
Opera - Opera and Ballet Accounting periods in which the above listed rights were collected and not attributed Total amount collected and Category name Previous accounting periods 2017 2018 2019 not attributed yet Opera performances 1.109.335 1.109.335 Broadcasting 299.409 54.614 72.282 2.115.723 2.542.027 Abroad 110.743 110.743 Mechanical reproduction rights 25.448 25.448 Private Copy 592.808 88.343 - 681.151 Rental and critical editions 292.911 292.911 Total 299.409 647.422 160.625 3.654.159 4.761.614 Total 1.176.371 2.361.643 4.733.749 25.638.521 33.910.285
Detailing for attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 5)
DOR - Theatre works Accounting periods in which the above listed rights were attributed and not distributed Previous accounting Total amount attributed and Category Name 2017 2018 2019 periods not distributed yet Theatre performances 1.432.454 361.042 352.473 370.378 2.516.347 Broadcasting 52.158 4.937 382.589 85.534 525.218 Mechanical reproduction rights 20.072 1.736 3.251 973 26.033 Private Copy - - - 5.047 5.047 Abroad 43.919 5.922 1.934 - 51.775 Previous amount Dor 2.385.007 2.385.007 Total 3.933.610 373.637 740.248 461.932 5.509.427
Opera - Opera and Ballet Accounting periods in which the above listed rights were attributed and not distributed Previous accounting Total amount attributed and Category Name 2017 2018 2019 periods not distributed yet Opera performances 444.180 212.193 151.950 172.473 980.796 Previous amount Opera 1.191.449 1.191.449 Total 1.635.629 212.193 151.950 172.473 2.172.245
Total 5.569.239 585.829 892.198 634.406 7.681.671
72 TRANSPARENCY REPORT 2019
Reasons for not attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 6)
DOR - Theatre works Collected and not attributed rights Category Name 2017 2018 Total Broadcasting 1.498.917 4.201.074 5.699.992 Private Copy 212.153 341.197 553.349 Abroad 999 5.788 6.788 Multimedia 2.153 25.065 27.218 Total 1.714.222 4.573.124 6.287.346
OPERA- Opera and Ballet works Collected and not attributed rights Category Name 2017 2018 Total Broadcasting 54.614 72.282 126.896 Private Copy 592.808 88.343 681.151 Total 647.422 160.625 808.047 Total 2.361.643 4.733.749 7.095.393 The rights were not allocated within nine months of collection due to lack of distribution requirements such as incomplete collections (advances to be paid) or missing reports, legal disputes. These circumstances are physiological especially for the "broadcasting", "private copying" and "multimedia" typology.
DOR - Theatre works Attributed and undistributed rights Category Name 2017 2018 Total Theatre performances 361.042 352.473 713.515 Broadcasting 4.937 382.589 387.526 Mechanical reproduction rights 1.736 3.251 4.987 Abroad 5.922 1.934 7.856 Total 373.637 740.248 1.113.884
OPERA - Opera and Ballet works Attributed and undistributed rights Category Name 2017 2018 Total Opera and Ballet performances 212.193 151.950 364.143 Total 212.193 151.950 364.143 Total 585.829 892.198 1.478.027 The rights allocated were not distributed due to lack or irregularity of the works, for non-identifiable work used, for registration in another section, withdrawal of the mandate, work under public domain, unidentified author, etc.
Amounts received and payed to other Collective Management Organizations (pursuant to Annex to Art. 28 letter d) DOR* Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 946.781 28.403 - 918.377 348.690 76.196 - Mechanical reproduction rights 50.043 1.501 - 48.542 873 59 - Other types of rights ------Total 996.824 29.905 - 966.919 349.563 76.255 - *The total amount of the sums received does not encompass the collections from the direct management foreign users (equal to 114.397 euros)
OPERA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 91.176 2.735 - 88.441 255.231 27.832 - Mechanical reproduction rights ------Other types of rights ------Total 91.176 2.735 - 88.441 255.231 27.832 -
73 TRANSPARENCY REPORT 2019
Financial information regarding the incomes and the costs related to the rights management [pursuant to Annex to Art. 28, paragraph 2 letters a) and b)]
Type of use Total category Performance Broadcasting Reproduction Abroad Private Copy OPERA AND BALLET WORKS COLLECTIONS 2.608.959 1.438.789 9.439 91.176 963.927 5.112.290
OPERATING COSTS 1.246.716 298.094 110.046 67.612 22.145 1.744.613 Staff 568.291 194.146 74.620 40.505 14.104 891.666 Agents 282.012 282.012 Management and functioning costs 324.126 82.676 27.457 22.670 6.454 463.383 Amortizations and devaluations 73.217 21.378 7.969 4.450 1.587 108.601 Taxes and fees (930) (106) (13) (1.049)
OTHER REVENUES AND INCOMES 307.002 36.275 12.502 6.815 4.192 366.786 Revenues for ancillary services 307.002 36.275 12.502 6.815 4.192 366.786
NET OPERATING COSTS 939.714 261.819 97.544 60.797 17.953 1.377.827
COPYRIGHT COMMISSION 891.321
FINANCIAL REVENUES 71.634
OPERA AND BALLET WORKS AUTHORIAL MANAGEMENT RESULT (414.872)
Type of use Total category Performace Broadcasting Reproduction Multimedia Abroad Private Copy THEATRE WORKS COLLECTIONS 21.215.282 33.601.311 61.152 0 1.111.221 823.928 56.812.894
OPERATING COSTS 10.340.144 1.270.511 124.163 18.232 702.608 25.441 12.481.099 Staff 4.668.773 676.407 82.456 12.268 411.961 16.394 5.868.259 Agents 2.691.262 2.691.262 Management and functioning costs 2.390.451 513.464 32.070 4.493 241.129 7.050 3.188.657 Amortizations and devaluations 596.260 83.044 9.650 1.471 49.704 1.997 742.126 Taxes and fees (6.602) (2.404) (13) 0 (186) 0 (9.205)
OTHER REVENUES AND INCOMES 2.495.005 191.615 17.357 2.494 86.437 4.555 2.797.463 Revenues for ancillary services 2.495.005 191.615 17.357 2.494 86.437 4.555 2.797.463
NET OPERATING COSTS 7.845.139 1.078.896 106.806 15.738 616.171 20.886 9.683.636
COPYRIGHT COMMISSION 8.103.892
FINANCIAL REVENUES 465.203
THEATRE WORKS AUTHORIAL MANAGEMENT RESULT (1.114.541)
AUTHORAL MANAGEMENT TOTAL RESULT (1.529.413) ANCILLARY SERVICES BALANCE* 14.619 DOR-OPERA REPERTOIRE TOTAL RESULT (1.514.794) *The ancillary services balance encompasses Rental and Critical editions (whose 2019 collections amount to 1.015.141 euros ).
74
“OLAF” REPERTOIRE (works of Visual Arts and Literature)
“OLAF” REPE
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it TRANSPARENCY REPORT 2019
Collections 2019
Collections to OLAF - Literary works Gross collections Allocated shares % B/A allocate (A-B) A B C Public recitation rights 1.421.572 232.624 16,4% 1.188.948 Radio 175.667 20.202 11,5% 155.465 Television 13.573 1.561 11,5% 12.012 Satellite 18.709 2.152 11,5% 16.557 Mechanical reproduction rights 77.295 9.255 12,0% 68.040 Reprography 2.640.365 528.073 20,0% 2.112.292 Private copy 1.055.285 27.912 2,6% 1.027.373 Public lending right 1.047.146 78.536 7,5% 968.610 Publishing rights 2.724 82 3,0% 2.642 Online multimedia 1.764 176 10,0% 1.588 Total 6.454.100 900.573 14,0% 5.553.528
Collections to OLAF - Visual Art Gross collections Allocated shares % B/A allocate (A-B) A B C Television 80.433 9.250 11,5% 71.183 Satellite 139.682 16.063 11,5% 123.619 Reproduction rights 1.063.938 132.992 12,5% 930.946 Resale right 7.330.879 1.246.250 17,0% 6.084.629 Private copy 874.142 29.970 3,4% 844.172 Offline multimedia 110.700 11.070 10,0% 99.630 Online multimedia 50.949 9.171 18,0% 41.778 Total 9.650.723 1.454.766 15,1% 8.195.956
Collections to COLLECTIONS FROM SISTER COMPANIES Gross collections Allocated shares % B/A allocate (A-B) A B C Literary works repertory 440.272 13.208 3,0% 427.064 Visual art repertory 1.909.169 57.276 3,0% 1.851.893 Total 2.349.441 70.484 3,0% 2.278.957
TOTAL 18.454.264 2.425.823 13,1% 16.028.441
76 TRANSPARENCY REPORT 2019
Workflows (pursuant to Annex to Art. 28 letter c) points 1, 3, 4 and 5)
OLAF - Literary works Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Reading and acting 3.677.196 2.294.813 1.382.384 481.421 900.963 S Broadcasting 331.022 202.185 128.837 1.203 127.634 S Mechanical reproduction rights 177.787 40.953 136.834 39.721 97.113 S Private copy 3.518.230 2.237.782 1.280.448 - 1.280.448 S Abroad 1.140.365 408.191 732.173 297.288 434.885 S Multimedia 2.806 363 2.443 1.218 1.225 S Rental right 2.861.369 1.089.682 1.771.687 - 1.771.687 S Reprography 12.725.933 2.112.292 10.613.641 9.281.430 1.332.211 S Publishing rights 2.642 - 2.642 - 2.642 S Previous amount OLAF 4.105.183 4.105.183 1.684.767 2.420.416 - Total 28.542.533 8.386.261 20.156.272 11.787.048 8.369.224
OLAF - Visual art Amount destined Collected and not Frequency of Category name Attributed Not distributed Distributed to be allocated attributed distribution* Mechanical reproduction rights 1.399.871 476.268 923.603 20.588 903.015 S Private copy 2.961.001 1.913.576 1.047.425 - 1.047.425 S Abroad 5.103.964 635.778 4.468.186 2.068.603 2.399.583 S Multimedia 135.175 29.023 106.151 4.312 101.839 S Resale right 11.618.218 2.897.725 8.720.493 2.864.875 5.855.618 S Broadcasting 670.451 376.935 293.516 1.084 292.432 S Total 21.888.680 6.329.305 15.559.375 4.959.463 10.599.912 Total 50.431.213 14.715.566 35.715.647 16.746.511 18.969.136
(*) A - Annual, S - Semiannual, F - Four-monthly, Q - Quarterly, B - Bimestrial, M - Monthly
Financial Flow (pursuant to Annex to Art. 28 letter c) point 2)
Distributed Initial residue Total distributed Paid Final debt 18.969.136 2.700.479 21.669.615 18.104.336 3.565.279
77 TRANSPARENCY REPORT 2019
Detailing for collected and not attributed rights (pursuant to Annex to Art. 28 letter c) point 4)
OLAF - Literary works Accounting periods in which the above listed rights were collected and not attributed Previous Accounting Total amount collected and Category name 2017 2018 2019 Periods not attributed yet Reading and acting 436.541 161.746 731.660 964.866 2.294.813 Broadcasting 5.058 397 47.991 148.739 202.185 Mechanical reproduction rights - - - 40.953 40.953 Private copy 391.283 618.927 545.214 682.357 2.237.782 Multimedia - - - 363 363 Rental right 38.711 24.215 58.145 968.610 1.089.682 Reprography - - - 2.112.292 2.112.292 Total 871.593 805.285 1.383.011 5.326.372 8.386.261
OLAF - Visual art Accounting periods in which the above listed rights were collected and not attributed Previous Accounting Total amount collected and Category name 2017 2018 2019 Periods not attributed yet Mechanical reproduction rights - - - 476.268 476.268 Private copy 407.426 524.951 432.622 548.577 1.913.576 Abroad - - - 635.778 635.778 Multimedia - - - 29.023 29.023 Resale right - - - 2.897.725 2.897.725 Broadcasting 72.911 46.869 73.517 183.638 376.935 Total 480.338 571.820 506.139 4.771.008 6.329.305 Total 1.351.930 1.377.105 1.889.150 10.097.380 14.715.566 Detailing for attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 5)
Accounting periods in which the above listed rights were attributed and not distributed Total amount attributed and Previous accounting periods 2017 2018 2019 not distributed yet 235.662 47.191 72.953 125.615 481.421 1.203 - - - 1.203 33.975 1.655 3.947 143 39.721 230.745 32.631 32.225 1.687 297.288 1.216 1 2 - 1.218 7.136.750 836.300 1.308.380 - 9.281.430 1.684.767 1.684.767 9.324.318 917.777 1.417.506 127.446 11.787.048
Accounting periods in which the above listed rights were attributed and not distributed Total amount attributed and Previous accounting periods 2017 2018 2019 not distributed yet 17.829 2.125 634 - 20.588 - - - - - 756.612 26.302 1.269.310 16.380 2.068.603 - 243 4.069 - 4.312 1.788.824 344.064 378.192 353.795 2.864.875 599 485 - - 1.084 2.563.863 373.219 1.652.205 370.176 4.959.463 11.888.182 1.290.996 3.069.711 497.622 16.746.511
78 TRANSPARENCY REPORT 2019
Reasons for not attributed and not distributed rights (pursuant to Annex to Art. 28 letter c) point 6)
OLAF - Literary works Collected and not attributed rights Category name 2017 2018 Total Broadcasting 397 47.991 48.388 Rental right 24.215 58.145 82.360 Private copy 618.927 545.214 1.164.142 Reading and acting 161.746 731.660 893.406 Total 805.285 1.383.011 2.188.296
OLAF - Visual art Collected and not attributed rights Category name 2017 2018 Total Private copy 524.951 432.622 957.573 Broadcasting 46.869 73.517 120.386 Total 571.820 506.139 1.077.959
Total 1.377.105 1.889.150 3.266.255
The rights were not allocated within nine months of collection due to lack of allocation requirements such as missing reports, lack of indication from the Ministry of Cultural Heritage and Activities etc.
OLAF - Literary works Attributed and undistributed rights Category name 2017 2018 Total Mechanical reproduction rights 1.655 3.947 5.602 Multimedia 1 2 2 Reading and acting 47.191 72.953 120.143 Reprography 836.300 1.308.380 2.144.680 Abroad 32.631 32.225 64.856 Total 917.777 1.417.506 2.335.283
OLAF - Visual art Attributed and undistributed rights Category name 2017 2018 Total Mechanical reproduction rights 2.125 634 2.759 Abroad 26.302 1.269.310 1.295.612 Multimedia 243 4.069 4.312 Resale right 344.064 378.192 722.256 Broadcasting 485 485 Total 373.219 1.652.205 2.025.424
Total 1.290.996 3.069.711 4.360.707
The allocated rights were not distributed due to lack of or irregularity of the work, for the non-identifiability of the work used, registration with another section, withdrawal of the mandate, work under public domain, not identified author etc..
79 TRANSPARENCY REPORT 2019
Amounts received and payed to other Collective Management Organizations [pursuant to Annex to Art. 28 letter d)]
Literary works* Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical reproduction rights - Other types of rights 448.688 13.461 - 435.227 126.453 44.807 - Total 448.688 13.461 - 435.227 126.453 44.807 -
Visual art* Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Management costs Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical reproduction rights - Other types of rights 1.900.753 57.023 - 1.843.730 1.606.700 559.470 - Total 1.900.753 57.023 - 1.843.730 1.606.700 559.470 - Financial information regarding the incomes and the costs related to rights management [pursuant to Annex to Art. 28, paragraph 2, letters a) and b)]
Type of use Total category LITERARY Acting Rental Reprography Broadcasting Reproduction Multimedia Abroad Private copy WORKS COLLECTIONS 1.421.572 1.047.146 2.640.365 207.949 77.295 1.764 440.272 1.055.285 6.891.648
OPERATING COSTS 560.149 31.783 1.013.353 146.457 139.480 233 35.019 12.874 1.939.348 Staff 271.138 6.958 390.354 96.174 95.131 131 8.980 6.420 875.286 Agents 123.881 36.523 160.404 Management and functioning costs 141.798 24.101 553.356 42.178 37.037 90 25.221 5.837 829.618 Amortizations and devaluations 23.584 897 33.572 8.144 7.325 12 893 617 75.044 Taxes and fees (252) (173) (452) (39) (13) (75) (1.004)
OTHER REVENUES AND INCOMES 296.504 5.048 353.332 26.780 13.765 209 12.511 28.632 736.781 Revenues for ancillary services 296.504 5.048 353.332 26.780 13.765 209 12.511 28.632 736.781
NET OPERATING COSTS 263.645 26.735 660.021 119.677 125.715 24 22.508 (15.758) 1.202.567
COPYRIGHT COMMISSION 917.492
FINANCIAL REVENUES 120.627 LITERARY WORKS AUTHORAL MANAGEMENT RESULT (164.448)
80 TRANSPARENCY REPORT 2019
Type of use Total category Broadcasting Reproduction Multimedia Abroad Resale right Private copy VISUAL ART COLLECTIONS 220.115 1.063.938 161.649 1.909.169 7.330.879 874.142 11.559.892
OPERATING COSTS 155.026 663.638 21.263 151.857 2.101.769 10.664 3.104.218 Staff 101.801 382.586 11.989 38.942 1.234.788 5.318 1.775.425 Agents 141.362 141.362 Management and functioning costs 44.646 172.757 8.210 109.367 611.186 4.835 951.001 Amortizations and devaluations 8.620 108.480 1.090 3.872 115.681 511 238.255 Taxes and fees (41) (186) (26) (324) (1.249) (1.826)
OTHER REVENUES AND INCOMES 28.346 139.539 19.143 54.250 141.373 23.717 406.368 Revenues for ancillary services 28.346 139.539 19.143 54.250 141.373 23.717 406.368
NET OPERATING COSTS 126.679 524.099 2.120 97.607 1.960.396 (13.052) 2.697.849
COPYRIGHT COMMISSION 1.508.250
FINANCIAL REVENUES 142.314
VISUAL ART AUTHORAL MANAGEMENT RESULT (1.047.286)
AUTHORAL MANAGEMENT TOTAL RESULT (1.211.734) ANCILLARY SERVICES BALANCE* 223.283 OLAF REPERTORY TOTAL RESULT (988.451) *The ancillary services balance encompasses the Publishing Rights (whose 2019 collections amount to 2.724 euros)
81
ANNEX 1: Relations with other Collective Management Organizations
Directive 2014/26/EU Article 22 Legislative Decree No. 35/2017, Article 28
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it TRANSPARENCY REPORT 2019
Music
ABRAMUS - BRAZIL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 111.535 24.688 5.870 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - ABRAMUS - BRAZIL 0 0 0 0 111.535 24.688 5.870
ACAM - COSTA RICA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 6.116 183 297 0 397 88 21 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - ACAM - COSTA RICA 6.116 183 297 0 397 88 21
ACDAM - CUBA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 21.590 4.779 1.136 Mechanical reproduction rights 0 0 0 0 3.630 248 0 Other types of rights Total - ACDAM - CUBA 0 0 0 0 25.220 5.027 1.136
ACEMLA - PUERTO RICO Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 628 139 33 Mechanical reproduction rights 0 0 0 0 22 2 0 Other types of rights Total - ACEMLA - PUERTO RICO 0 0 0 0 650 141 33
ACUM - ISRAEL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 133.538 4.006 6.477 0 0 0 0 Mechanical reproduction rights 9.139 274 0 0 0 0 0 Other types of rights Total - ACUM - ISRAEL 142.677 4.280 6.477 0 0 0 0
AGADU - URUGUAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 8.329 250 404 0 6.254 1.384 329 Mechanical reproduction rights 75 2 0 0 222 15 0 Other types of rights Total - AGADU - URUGUAY 8.403 252 404 0 6.476 1.399 329
ALTRE AGENZIE- THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 4.665 140 0 0 0 0 0 Other types of rights 0 Total - ALTRE AGENZIE- THE UNITED STATES 4.665 140 0 0 0 0 0
AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 24.837 745 1.205 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - AKKA-LAA - LATVIA 24.837 745 1.205 0 0 0 0
AKM - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 780.343 23.410 37.847 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - AKM - AUSTRIA 780.343 23.410 37.847 0 0 0 0
AMAR - BRASIL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 13.626 3.016 717 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - AMAR - BRASIL 0 0 0 0 13.626 3.016 717
84 TRANSPARENCY REPORT 2019
AMCOS - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 80.353 2.411 0 0 0 0 0 Other types of rights Total - AMCOS - AUSTRALIA 80.353 2.411 0 0 0 0 0
APA - PARAGUAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.862 86 139 0 895 198 47 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - APA - PARAGUAY 2.862 86 139 0 895 198 47
APDAYC - PERU Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 44.299 1.329 2.149 0 32.564 7.208 1.714 Mechanical reproduction rights 676 20 0 0 1.724 118 0 Other types of rights Total - APDAYC - PERU 44.976 1.349 2.149 0 34.288 7.326 1.714
APRA - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 258.084 7.743 12.517 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - APRA - AUSTRALIA 258.084 7.743 12.517 0 0 0 0
ARMAUTHOR NGO - ARMENIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 177 5 9 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - ARMAUTHOR NGO - ARMENIA 177 5 9 0 0 0 0
ARTISJUS - HUNGARY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 273.049 8.191 13.243 0 0 0 0 Mechanical reproduction rights 25.429 763 0 0 0 0 0 Other types of rights Total - ARTISJUS - HUNGARY 298.478 8.954 13.243 0 0 0 0
ASCAP - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.138.970 34.169 55.240 0 15.160.404 3.355.784 797.916 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - ASCAP - THE UNITED STATES 1.138.970 34.169 55.240 0 15.160.404 3.355.784 797.916
AUME - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 98.006 2.940 0 0 0 0 0 Other types of rights Total - AUME - AUSTRIA 98.006 2.940 0 0 0 0 0
AUTODIA - GREECE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.895 117 189 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - AUTODIA - GREECE 3.895 117 189 0 0 0 0
BBDA - BURKINA FASO Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 143 32 8 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - BBDA - BURKINA FASO 0 0 0 0 143 32 8
BMI - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductions Amounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 907.594 27.228 44.018 23.399 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights 0 Total - BMI - THE UNITED STATES 907.594 27.228 44.018 23.399 0 0 0
85 TRANSPARENCY REPORT 2019
BUMA - NETHERLANDS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 860.669 25.820 41.742 0 679.876 150.492 35.783 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - BUMA - NETHERLANDS 860.669 25.820 41.742 0 679.876 150.492 35.783
CASH - HONG KONG Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 29.395 882 1.426 0 0 0 0 Mechanical reproduction rights 2.940 88 0 0 0 0 0 Other types of rights Total - CASH - HONG KONG 32.335 970 1.426 0 0 0 0
COMPASS - SINGAPORE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 14.831 445 719 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - COMPASS - SINGAPORE 14.831 445 719 0 0 0 0
EAU - ESTONIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 28.193 846 1.367 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - EAU - ESTONIA 28.193 846 1.367 0 0 0 0
EMI-EUROPE (SOLAR) - THE UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 51.997 11.510 2.737 Mechanical reproduction rights 0 0 0 0 57.619 3.941 0 Other types of rights Total - EMI-EUROPE (SOLAR) - THE UNITED KINGDOM 0 0 0 0 109.615 15.451 2.737
FILSCAP - PHILIPPINES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.637 109 176 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - FILSCAP - PHILIPPINES 3.637 109 176 0 0 0 0
GCA - GEORGIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 7.544 226 366 618 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights 0 Total - GCA - GEORGIA 7.544 226 366 618 0 0 0
GEMA - GERMANY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.702.298 81.068 131.062 12.365 3.543.044 784.259 186.476 Mechanical reproduction rights 841.397 25.242 0 36.198 458.699 31.377 0 Other types of rights Total - GEMA - GERMANY 3.543.695 106.310 131.062 48.563 4.001.743 815.636 186.476
HDS-ZAMP - CROATIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 86.459 2.594 4.193 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - HDS-ZAMP - CROATIA 86.459 2.594 4.193 0 0 0
HFA - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 277.789 8.334 0 0 5.256 360 0 Other types of rights Total - HFA - THE UNITED STATES 277.789 8.334 0 0 5.256 360 0
IMRO - IRELAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 103.343 3.100 5.012 0 232.719 51.513 12.248 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - IMRO - IRELAND 103.343 3.100 5.012 0 232.719 51.513 12.248
86 TRANSPARENCY REPORT 2019
JASRAC - JAPAN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.806.891 54.207 87.634 0 0 0 0 Mechanical reproduction rights 372.793 11.184 0 0 0 0 0 Other types of rights Total - JASRAC - JAPAN 2.179.683 65.390 87.634 0 0 0 0
KODA - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 304.180 9.125 14.753 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - KODA - DENMARK 304.180 9.125 14.753 0 0 0 0
KOMCA - KOREA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 89.149 2.674 4.324 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - KOMCA - KOREA 89.149 2.674 4.324 0 0 0 0
LATGA - LITHUANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 44.116 1.323 2.140 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - LATGA - LITHUANIA 44.116 1.323 2.140 0 0 0 0
MACA - MACAU Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 6.228 187 302 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MACA - MACAU 6.228 187 302 0 0 0 0
MACP - MALAYSIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 8.205 246 398 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MACP - MALAYSIA 8.205 246 398 0 0 0 0
MCPS - THE UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 238.751 7.163 0 0 0 0 0 Other types of rights Total - MCPS - THE UNITED KINGDOM 238.751 7.163 0 0 0 0 0
MCSC - CHINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 12.110 363 587 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MCSC - CHINA 12.110 363 587 0 0 0 0
MCT - THAILAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.282 98 159 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MCT - THAILAND 3.282 98 159 0 0 0 0
MESAM - TURKEY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 21.808 654 1.058 0 0 0 0 Mechanical reproduction rights 1.026 31 0 0 0 0 0 Other types of rights Total - MESAM - TURKEY 22.834 685 1.058 0 0 0 0
MUSICAUTOR - BULGARIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.725 52 84 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MUSICAUTOR - BULGARIA 1.725 52 84 0 0 0 0
87 TRANSPARENCY REPORT 2019
MÜST - TAIWAN, CHINESE TAIPEI Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 19.839 595 962 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - MÜST - TAIWAN, CHINESE TAIPEI 19.839 595 962 0 0 0 0
NCB - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 35.861 1.076 0 0 0 0 0 Other types of rights Total - NCB - DENMARK 35.861 1.076 0 0 0 0 0
NCIP - BELARUS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 15.547 466 754 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - NCIP - BELARUS 15.547 466 754 0 0 0 0
NMP - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 11.866 356 0 0 0 0 0 Other types of rights Total - NMP - DENMARK 11.866 356 0 0 0 0 0
OSA - CZECH REPUBLIC Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 175.699 5.271 8.521 0 21.471 4.753 1.130 Mechanical reproduction rights 41.868 1.256 0 0 2.908 199 0 Other types of rights Total - OSA - CZECH REPUBLIC 217.567 6.527 8.521 0 24.379 4.952 1.130
PRS - THE UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.176.493 35.295 57.060 0 13.472.033 2.982.060 709.054 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - PRS - THE UNITED KINGDOM 1.176.493 35.295 57.060 0 13.472.033 2.982.060 709.054
RAO - THE RUSSIAN FEDERATION Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 48.894 1.467 2.371 0 0 0 0 Mechanical reproduction rights 599 18 0 0 0 0 0 Other types of rights Total - RAO - THE RUSSIAN FEDERATION 49.493 1.485 2.371 0 0 0 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 516.542 15.496 25.052 0 219.927 48.681 11.575 Mechanical reproduction rights 90.144 2.704 0 0 32.774 2.242 0 Other types of rights Total - SABAM - BELGIUM 606.687 18.201 25.052 252.701 50.923 11.575
SACD - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 17.569 527 852 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SACD - FRANCE 17.569 527 852 0 0 0 0
SACEM - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.048.375 91.451 147.846 0 4.374.426 968.287 230.233 Mechanical reproduction rights 1.192.168 35.765 0 0 623.567 42.654 0 Other types of rights Total - SACEM - FRANCE 4.240.543 127.216 147.846 4.997.993 1.010.942 230.233
SACM - MEXICO Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 192.634 5.779 9.343 0 108.045 23.916 5.687 Mechanical reproduction rights 0 0 0 0 6.152 421 0 Other types of rights Total - SACM - MEXICO 192.634 5.779 9.343 0 114.196 24.337 5.687
88 TRANSPARENCY REPORT 2019
SADAIC - ARGENTINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 195.735 5.872 9.493 0 329.061 72.838 17.319 Mechanical reproduction rights 10.296 309 0 0 31.418 2.149 0 Other types of rights Total - SADAIC - ARGENTINA 206.031 6.181 9.493 0 360.479 74.987 17.319
SAMRO - SOUTH AFRICA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 16.497 495 800 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SAMRO - SOUTH AFRICA 16.497 495 800 0 0 0 0
SAYCE - ECUADOR Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 14.594 438 708 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SAYCE - ECUADOR 14.594 438 708 0 0 0 0
SAYCO - COLUMBIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 26.352 791 1.278 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SAYCO - COLUMBIA 26.352 791 1.278 0 0 0 0
SAZAS - SLOVENIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 63.501 1.905 3.080 0 0 0 0 Mechanical reproduction rights 579 17 0 0 0 0 Other types of rights Total - SAZAS - SLOVENIA 64.080 1.922 3.080 0 0 0 0
SCD - CHILE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 55.040 1.651 2.669 0 11.905 2.635 627 Mechanical reproduction rights 936 28 0 0 2.007 137 0 Other types of rights Total - SCD - CHILE 55.976 1.679 2.669 0 13.912 2.773 627
SESAC - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 9.533 286 462 497 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights 0 Total - SESAC - THE UNITED STATES 9.533 286 462 497 0 0 0
SGAE(MESSICO) - MEXICO Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 16.946 508 0 0 0 0 0 Other types of rights Total - SGAE(MESSICO) - MEXICO 16.946 508 0 0 0 0 0
SGAE - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 799.173 23.975 38.760 0 1.927.416 426.637 101.443 Mechanical reproduction rights 103.674 3.110 0 0 217.516 14.879 0 Other types of rights Total - SGAE - SPAIN 902.847 27.085 38.760 0 2.144.932 441.516 101.443
SOCAN - CANADA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 246.179 7.385 11.940 0 0 0 0 Mechanical reproduction rights 34.754 1.043 0 0 0 0 0 Other types of rights Total - SOCAN - CANADA 280.933 8.428 11.940 0 0 0 0
SOCINPRO - BRAZIL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 9.149 2.025 482 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SOCINPRO - BRAZIL 0 0 0 0 9.149 2.025 482
89 TRANSPARENCY REPORT 2019
SODRAC - CANADA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 12.567 377 0 0 0 0 0 Other types of rights Total - SODRAC - CANADA 12.567 377 0 0 0 0 0
SOKOJ - SERBIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 24.008 720 1.164 5.811 0 0 0 Mechanical reproduction rights 8 0 0 0 0 0 0 Other types of rights 0 Total - SOKOJ - SERBIA 24.016 720 1.164 5.811 0 0 0
SONY/ATV - THEUNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 122.941 27.213 6.471 Mechanical reproduction rights 0 0 0 0 111.931 7.657 0 Other types of rights Total - SONY/ATV - THE UNITED KINGDOM 0 0 0 0 234.872 34.870 6.471
SOZA - SLOVAKIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 44.893 1.347 2.177 0 0 0 0 Mechanical reproduction rights 1.507 45 0 0 0 0 0 Other types of rights Total - SOZA - SLOVAKIA 46.400 1.392 2.177 0 0 0 0
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 118.005 3.540 5.723 0 0 0 0 Mechanical reproduction rights 27.249 817 0 0 0 0 0 Other types of rights Total - SPA - PORTUGAL 145.254 4.358 5.723 0 0 0 0
SPAC - PANAMA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 5.566 167 270 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SPAC - PANAMA 5.566 167 270 0 0 0 0
SSA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 580 17 28 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - SSA - SWITZERLAND 580 17 28 0 0 0 0
STEF - ICELAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.541 106 172 0 17.531 3.880 923 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - STEF - ICELAND 3.541 106 172 0 17.531 3.880 923
STEMRA - NETHERLANDS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 132.672 3.980 0 0 64.076 4.383 0 Other types of rights Total - STEMRA - NETHERLANDS 132.672 3.980 0 0 64.076 4.383 0
STIM - SWEDEN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 269.727 8.092 13.082 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - STIM - SWEDEN 269.727 8.092 13.082 0 0 0 0
SUISA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.166.063 64.982 105.054 0 604.363 133.777 31.809 Mechanical reproduction rights 336.550 10.096 0 0 98.942 6.768 0 Other types of rights Total - SUISA - SWITZERLAND 2.502.613 75.078 105.054 0 703.305 140.545 31.809
90 TRANSPARENCY REPORT 2019
TEOSTO - FINLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 227.551 6.827 11.036 0 71.945 15.925 3.787 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - TEOSTO - FINLAND 227.551 6.827 11.036 0 71.945 15.925 3.787
TONO - NORWAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 81.351 2.441 3.946 0 167.442 37.064 8.813 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - TONO - NORWAY 81.351 2.441 3.946 0 167.442 37.064 8.813
UBC - BRAZIL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 344.901 10.347 16.728 0 81.481 18.036 4.288 Mechanical reproduction rights 34.563 1.037 0 0 2.719 186 0 Other types of rights Total - UBC - BRAZIL 379.463 11.384 16.728 0 84.200 18.222 4.288
UCMR-ADA - ROMANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 117.861 3.536 5.716 0 94.409 20.898 4.969 Mechanical reproduction rights 8.910 267 0 0 4.736 324 0 Other types of rights Total - UCMR-ADA - ROMANIA 126.771 3.803 5.716 0 99.145 21.221 4.969
UMPI - THE UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 0 0 0 0 Mechanical reproduction rights 0 0 0 0 103.575 7.085 0 Other types of rights Total - UMPI - THE UNITED KINGDOM 0 0 0 0 103.575 7.085 0
VCPMC - VIET NAM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 3.179 95 154 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - VCPMC - VIET NAM 3.179 95 154 0 0 0 0
ZAIKS - POLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 310.457 9.314 15.057 33.431 9.611 2.128 506 Mechanical reproduction rights 35.606 1.068 0 2.050 1.124 77 0 Other types of rights Total - ZAIKS - POLAND 346.063 10.382 15.057 35.481 10.736 2.204 506
ZAMP Macedonia - MACEDONIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 8.702 261 422 0 0 0 0 Mechanical reproduction rights 0 0 0 0 0 0 0 Other types of rights Total - ZAMP Macedonia - MACEDONIA 8.702 261 422 0 0 0 0
SOUNDREEF LTD - THE UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 235.628 52.157 12.401 Mechanical reproduction rights 13.501 924 0 Other types of rights Total - SOUNDREEF LTD - THE UNITED KINGDOM 0 0 0 0 249.129 53.080 12.401
91 TRANSPARENCY REPORT 2019
Cinema
AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 904,33 27 877 Mechanical reproduction rights 0 0 Other types of rights 0 Total - AKKA-LAA - LATVIA 904 27 0 877 0 0 0
ALCS - UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 12.051,79 362 11.690 Mechanical reproduction rights 379,34 11 368 Other types of rights 0 Total - ALCS - UNITED KINGDOM 12.431 373 0 12.058 0 0 0
ARGENTORES - ARGENTINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 497,44 15 483 22.753 2.607 Mechanical reproduction rights 0 0 25.759 2.951 Other types of rights 0 Total - ARGENTORES - ARGENTINA 497 15 0 483 48.512 5.558 0
ASDACS - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 404 46 Mechanical reproduction rights 0 0 34.173 3.916 Other types of rights 0 Total - ASDACS - AUSTRALIA 0 0 0 0 34.577 3.962 0
CSCS - CANADA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 61 7 Mechanical reproduction rights 0 0 3.580 410 Other types of rights 0 Total - CSCS - CANADA 0 0 0 0 3.641 417 0
DAC - ARGENTINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 18.733 562 18.171 205 23 Mechanical reproduction rights 0 0 147 17 Other types of rights 0 Total - DAC - ARGENTINA 18.733 562 0 18.171 352 40 0
DAMA - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 256.094 29.343 Mechanical reproduction rights 0 0 17.534 2.009 Other types of rights 0 Total - DAMA - SPAIN 0 0 0 0 273.628 31.352 0
DILIA - CZECH REPUBLIC Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 14.469 434 14.035 Mechanical reproduction rights 7.509 225 7.283 Other types of rights 0 Total - DILIA - CZECH REPUBLIC 21.978 659 0 21.319 0 0 0
DIRECTORS UK - UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.096 33 1.063 998.043 114.355 Mechanical reproduction rights 1.037 31 1.005 246.381 28.230 Other types of rights 0 Total - DIRECTORS UK - UNITED KINGDOM 2.132 64 0 2.068 1.244.424 142.584 0
DRCC - CANADA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 4.247 487 Other types of rights 0 Total - DRCC - CANADA 0 0 0 0 4.247 487 0
92 TRANSPARENCY REPORT 2019
FILMAUTOR - BULGARIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 2.594 297 Mechanical reproduction rights 0 0 Other types of rights 0 Total - FILMAUTOR - BULGARIA 0 0 0 0 2.594 297 0
FILMJUS - HUNGARY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 14.331 430 13.901 2.853 327 Mechanical reproduction rights 4.414 132 4.282 369 42 Other types of rights 0 Total - FILMJUS - HUNGARY 18.745 562 0 18.182 3.222 369 0
KOPIOSTO - FINLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 2.195 252 Other types of rights 0 Total - KOPIOSTO - FINLAND 0 0 0 0 2.195 252 0
LATGA - LITHUANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 609 18 590 Mechanical reproduction rights 1.465 44 1.421 Other types of rights 0 Total - LATGA - LITHUANIA 2.074 62 0 2.012 0 0 0
LIRA - NETHERLANDS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 87.253 2.618 84.636 4.099 470 Mechanical reproduction rights 10.084 303 9.782 54 6 Other types of rights 0 Total - LIRA - NETHERLANDS 97.337 2.920 0 94.417 4.152 476 0
LITA - SLOVAKIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 25.127 754 24.373 Mechanical reproduction rights 8.804 264 8.540 Other types of rights 0 Total - LITA - SLOVAKIA 33.931 1.018 0 32.913 0 0 0
LITERAR-MECHANA - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 24.867 746 24.121 55.647 6.376 Mechanical reproduction rights 26.247 787 25.459 11.929 1.367 Other types of rights 0 Total - LITERAR-MECHANA - AUSTRIA 51.114 1.533 0 49.581 67.576 7.743 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 51.708 1.551 50.156 53.351 6.113 Mechanical reproduction rights 3.116 93 3.022 2.498 286 Other types of rights 0 Total - SABAM - BELGIUM 54.823 1.645 0 53.179 55.849 6.399 0
SACD - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 676.633 20.299 656.334 1.866.292 213.837 Mechanical reproduction rights 87.277 2.618 84.659 524.030 60.043 Other types of rights 0 Total - SACD - FRANCE 763.910 22.917 0 740.993 2.390.322 273.880 0
SCAM - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 146.019 4.381 141.639 63.211 7.243 Mechanical reproduction rights 2.298 69 2.229 53.033 6.076 Other types of rights 0 Total - SCAM - FRANCE 148.317 4.450 0 143.868 116.244 13.319 0
SGAE - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 170.319 5.110 165.209 903.556 103.528 Mechanical reproduction rights 0 0 144.025 16.502 Other types of rights 0 Total - SGAE - SPAIN 170.319 5.110 0 165.209 1.047.581 120.030 0
93 TRANSPARENCY REPORT 2019
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.318 40 1.278 Mechanical reproduction rights 0 0 Other types of rights 0 Total - SPA - PORTUGAL 1.318 40 0 1.278 0 0 0
AWGACS - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 626,89 19 608 218 25 Mechanical reproduction rights 0 0 2.927 335 Other types of rights 0 Total - AWGACS - AUSTRALIA 627 19 0 608 3.145 360 0
BILDKUNST - GERMANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 89.661,28 2.690 86.971 781.690 89.565 Mechanical reproduction rights 76.371,60 2.291 74.080 104.917 12.021 Other types of rights 0 Total - BILDKUNST - GERMANIA 166.033 4.981 0 161.052 886.607 101.586 0
CBS - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 108.350 12.415 Other types of rights 0 Total - CBS - THE UNITED STATES 0 0 0 0 108.350 12.415 0
COMPACT - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 17.346 1.988 Other types of rights 0 Total - COMPACT - THE UNITED STATES 0 0 0 0 17.346 1.988 0
DACIN SARA - ROMANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 Other types of rights 0 Total - DACIN SARA - ROMANIA 0 0 0 0 0 0 0
DGA - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 9.534 286 9.248 213 24 Mechanical reproduction rights 0 0 81.610 9.351 Other types of rights 0 Total - DGA - THE UNITED STATES 9.534 286 0 9.248 81.824 9.375 0
DREAMWORKS - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 Other types of rights 0 Total - DREAMWORKS - THE UNITED STATES 0 0 0 0 0 0 0
FINTAGE - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 173.350 19.862 Other types of rights 0 Total - FINTAGE - THE UNITED STATES 0 0 0 0 173.350 19.862 0
IFTA - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 115.575 13.242 Other types of rights 0 Total - IFTA - THE UNITED STATES 0 0 0 0 115.575 13.242 0
MGM - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 58.853 6.743 Other types of rights 0 Total - MGM - THE UNITED STATES 0 0 0 0 58.853 6.743 0
94 TRANSPARENCY REPORT 2019
NORWACO - NORWAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 1.128 34 1.095 236 27 Other types of rights 0 Total - NORWACO - NORWAY 1.128 34 0 1.095 236 27 0
PPG (VIACOM-PARAMOUNT) - THE UNITED STATESCollections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 87.547 10.031 Other types of rights 0 Total - PPG (VIACOM-PARAMOUNT) - THE UNITED STATES0 0 0 0 87.547 10.031 0
SONAR ENTERTAINMENT - THE UNITED STATESCollections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 Other types of rights 0 Total - SONAR ENTERTAINMENT - THE UNITED STATES 0 0 0 0 0 0 0
SONY - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 108.640 12.448 Other types of rights 0 Total - SONY - THE UNITED STATES 0 0 0 0 108.640 12.448 0
SSA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 311.795 9.354 302.441 3.205 367 Mechanical reproduction rights 1.657 50 1.608 2.194 251 Other types of rights 0 Total - SSA - SWITZERLAND 313.452 9.404 0 304.048 5.398 619 0
SUISSIMAGE - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 199.327 5.980 193.348 38.686 4.433 Mechanical reproduction rights 185.879 5.576 180.302 4.351 499 Other types of rights 0 Total - SUISSIMAGE - SWITZERLAND 385.206 11.556 0 373.650 43.037 4.932 0
TCF (FOX) - UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 187.517 21.485 Other types of rights 0 Total - TCF (FOX) - UNITED STATES 0 0 0 0 187.517 21.485 0
TNT - UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 22.910 2.625 Other types of rights 0 Total - TNT - UNITED STATES 0 0 0 0 22.910 2.625 0
UNIVERSAL - UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 254.484 29.158 Other types of rights 0 Total - UNIVERSAL - UNITED STATES 0 0 0 0 254.484 29.158 0
VDFS - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 13.547 406 13.140 4.880 559 Mechanical reproduction rights 5.811 174 5.637 702 80 Other types of rights 0 Total - VDFS - AUSTRIA 19.358 581 0 18.777 5.582 640 0
VEVAM - THE NETHERLANDS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 51.917 1.558 50.360 3.090 354 Mechanical reproduction rights 2.990 90 2.901 96 11 Other types of rights 0 Total - VEVAM - THE NETHERLANDS 54.908 1.647 0 53.260 3.186 365 0
95 TRANSPARENCY REPORT 2019
WALT DISNEY - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 Mechanical reproduction rights 0 0 198.413 22.734 Other types of rights 0 Total - WALT DISNEY - THE UNITED STATES 0 0 0 0 198.413 22.734 0
WARNER BROS - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 459 53 Mechanical reproduction rights 0 0 478.641 54.842 Other types of rights 0 Total - WARNER BROS - THE UNITED STATES 0 0 0 0 479.100 54.895 0
WGA - THE UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 213 24 Mechanical reproduction rights 0 0 81.646 9.355 Other types of rights 0 Total - WGA - THE UNITED STATES 0 0 0 0 81.859 9.379 0
WORT - GERMANY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 103.931 3.118 100.813 Mechanical reproduction rights 0 0 Other types of rights 0 Total - WORT - GERMANY 103.931 3.118 0 100.813 0 0 0
ZAPA - POLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 199.565 5.987 193.578 739 85 Mechanical reproduction rights 5.248 157 5.091 254 29 Other types of rights 0 Total - ZAPA - POLAND 204.813 6.144 0 198.669 992 114 0
96 TRANSPARENCY REPORT 2019
DOR (Theatre and Radio and Television works)
AAS - SLOVENIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 6.879 206 6.673 Mechanical reproduction rights 0 Other types of rights 0 Total - AAS - SLOVENIA 6.879 206 0 6.673 0 0 0
ABRAMUS - BRAZIL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 18.869 566 18.303 Mechanical reproduction rights 0 Other types of rights 0 Total - ABRAMUS - BRAZIL 18.869 566 0 18.303 0 0 0
AGADU - URUGUAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 89 3 86 Mechanical reproduction rights 0 Other types of rights 0 Total - AGADU - URUGUAY 89 3 0 86 0 0 0
AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 4.758 143 4.615 Mechanical reproduction rights 0 Other types of rights 0 Total - AKKA-LAA - LATVIA 4.758 143 0 4.615 0 0 0
ARGENTORES - ARGENTINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 928 28 900 8.937 1.860 Mechanical reproduction rights 0 13 1 Other types of rights 0 Total - ARGENTORES - ARGENTINA 928 28 0 900 8.950 1.861 0
ARMAUTHOR NGO - ARMENIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 55 2 53 Mechanical reproduction rights 0 Other types of rights 0 Total - ARMAUTHOR NGO - ARMENIA 55 2 0 53 0 0 0
DILIA - CZECH REPUBLIC Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 52.073 1.562 50.511 Mechanical reproduction rights 0 Other types of rights 0 Total - DILIA - CZECH REPUBLIC 52.073 1.562 0 50.511 0 0 0
EAU - ESTONIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 4.878 146 4.732 Mechanical reproduction rights 0 Other types of rights 0 Total - EAU - ESTONIA 4.878 146 0 4.732 0 0 0
HAA - CROATIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 4.515 135 4.380 Mechanical reproduction rights 0 Other types of rights 0 Total - HAA - CROATIA 4.515 135 0 4.380 0 0 0
LATGA - LITHUANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.616 78 2.537 Mechanical reproduction rights 0 Other types of rights 0 Total - LATGA - LITHUANIA 2.616 78 0 2.537 0 0 0
97 TRANSPARENCY REPORT 2019
LITA - SLOVAKIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.105 33 1.071 Mechanical reproduction rights 0 Other types of rights 0 Total - LITA - SLOVAKIA 1.105 33 0 1.071 0 0 0
NCIP - BELARUS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 795 24 771 Mechanical reproduction rights 0 Other types of rights 0 Total - NCIP - BELARUS 795 24 0 771 0 0 0
RAO - THE RUSSIAN FEDERATION Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 137.975 4.139 133.836 Mechanical reproduction rights 0 Other types of rights 0 Total - RAO - THE RUSSIAN FEDERATION 137.975 4.139 0 133.836 0 0 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 19.693 591 19.102 Mechanical reproduction rights 0 Other types of rights 0 Total - SABAM - BELGIUM 19.693 591 0 19.102 0 0 0
SACD - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 278.600 8.358 270.242 292.828 63.953 Mechanical reproduction rights 0 828 57 Other types of rights 0 Total - SACD - FRANCE 278.600 8.358 0 270.242 293.655 64.011 0
SGAE - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 7.213 216 6.996 30.331 7.063 Mechanical reproduction rights 0 32 1 Other types of rights 0 Total - SGAE - SPAIN 7.213 216 0 6.996 30.363 7.064 0
SOGEM - MEXICO Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.500 45 1.455 Mechanical reproduction rights 0 Other types of rights 0 Total - SOGEM - MEXICO 1.500 45 0 1.455 0 0 0
SOPE - GREECE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.914 87 2.827 Mechanical reproduction rights 0 Other types of rights 0 Total - SOPE - GREECE 2.914 87 0 2.827 0 0 0
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 4.281 128 4.153 Mechanical reproduction rights 0 Other types of rights 0 Total - SPA - PORTUGAL 4.281 128 0 4.153 0 0 0
SSA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 387.863 11.636 376.227 16.594 3.319 Mechanical reproduction rights 50.043 1.501 48.542 0 Other types of rights 0 Total - SSA - SWITZERLAND 437.906 13.137 0 424.769 16.594 3.319 0
SUISSIMAGE - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 79 2 76 Mechanical reproduction rights 0 Other types of rights 0 Total - SUISSIMAGE - SWITZERLAND 79 2 0 76 0 0 0
98 TRANSPARENCY REPORT 2019
ZAIKS - POLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 9.106 273 8.832 Mechanical reproduction rights 0 Other types of rights 0 Total - ZAIKS - POLAND 9.106 273 0 8.832 0 0 0
Opera and Ballet AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 395 12 383 Mechanical reproduction rights 0 Other types of rights 0 Total - AKKA-LAA - LATVIA 395 12 0 383 0 0 0
LATGA - LITHUANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 1.825 55 1.770 Mechanical reproduction rights 0 Other types of rights 0 Total - LATGA - LITHUANIA 1.825 55 0 1.770 0 0 0
RAO - RUSSIAN FEDERATION Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 2.707 81 2.626 Mechanical reproduction rights 0 Other types of rights 0 Total - RAO - RUSSIAN FEDERATION 2.707 81 0 2.626 0 0 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 783 24 760 Mechanical reproduction rights 0 Other types of rights 0 Total - SABAM - BELGIUM 783 24 0 760 0 0 0
SACD - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 45.563 1.367 44.196 161.642 19.108 Mechanical reproduction rights 0 Other types of rights 0 Total - SACD - FRANCE 45.563 1.367 0 44.196 161.642 19.108 0
SGAE - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 58 2 56 27.418 3.125 Mechanical reproduction rights 0 Other types of rights 0 Total - SGAE - SPAIN 58 2 0 56 27.418 3.125 0
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 737 22 715 Mechanical reproduction rights 0 Other types of rights 0 Total - SPA - PORTUGAL 737 22 0 715 0 0 0
SSA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 38.698 1.161 37.537 31.404 3.299 Mechanical reproduction rights 0 Other types of rights 0 Total - SSA - SWITZERLAND 38.698 1.161 0 37.537 31.404 3.299 0
SUISA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 377 11 366 Mechanical reproduction rights 0 Other types of rights 0 Total - SUISA - SWITZERLAND 377 11 0 366 0 0 0
99 TRANSPARENCY REPORT 2019
ZAIKS - POLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 33 1 32 Mechanical reproduction rights 0 Other types of rights 0 Total - ZAIKS - POLAND 33 1 0 32 0 0 0
ARGENTORES - ARGENTINA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 0 0 4.623 264 Mechanical reproduction rights 0 Other types of rights 0 Total - ARGENTORES - ARGENTINA 0 0 0 0 4.623 264 0
SACEM - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 30.145 2.036 Mechanical reproduction rights 0 Other types of rights 0 Total - SACEM - FRANCE 0 0 0 0 30.145 2.036 0
100 TRANSPARENCY REPORT 2019
OLAF – Literary works
AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 46 1 45 Total - AKKA-LAA - LATVIA 46 1 0 45 0 0 0
ALCS - UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 19.189 576 18.613 Total - ALCS - UNITED KINGDOM 19.189 576 0 18.613 0 0 0
ARTISJUS - HUNGARY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 3.247 97 3.150 Total - ARTISJUS - HUNGARY 3.247 97 0 3.150 0 0 0
CEDRO - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 5.442 163 5.279 Total - CEDRO-SPAGNA 5.442 163 0 5.279 0 0 0
Canadian Copyright Licensing Agency (ACCESS)-CANADACollections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 4.790 144 4.647 Total - Canadian Copyright Licensing Agency (ACCESS)-CANADA4.790 144 0 4.647 0 0 0
CFC - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 50.362 1.511 48.851 Total - CFC-FRANCIA 50.362 1.511 0 48.851 0 0 0
Copyright Agency - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 52.128 1.564 50.564 Total - Copyright Agency - AUSTRALIA 52.128 1.564 0 50.564 0 0 0
CLA- UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 99.513 2.985 96.528 125.032 44.654 Total - CLA - UNITED KINGDOM 99.513 2.985 0 96.528 125.032 44.654 0
CLL-NEW ZEALAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 917 27 889 Total - CLL-NEW ZEALAND 917 27 0 889 0 0 0
COPYDAN-WRITING - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 33.428 1.003 32.425 Total - COPYDAN-WRITING - DENMARK 33.428 1.003 0 32.425 0 0 0
101 TRANSPARENCY REPORT 2019
KOPINOR- NORWAY Collections from other Collective Management Organizations Payments to other collective management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 26.522 796 25.726 Total - KOPINOR - NORWAY 26.522 796 0 25.726 0 0 0
LITERAR-MECHANA - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 163 5 158 Total - LITERAR-MECHANA - AUSTRIA 163 5 0 158 0 0 0
PROLITTERIS - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 44.273 1.328 42.945 Total - PROLITTERIS - SWITZERLAND 44.273 1.328 0 42.945 0 0 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 9 0 9 Total - SABAM - BELGIUM 9 0 0 9 0 0 0
SACD - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 204 6 198 Total - SACD - FRANCE 204 6 0 198 0 0 0
SCAM - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 36 1 35 1.421 152 Total - SCAM - FRANCE 36 1 0 35 1.421 152 0
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 21 1 21 Total - SPA - PORTUGAL 21 1 0 21 0 0 0
SSA - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 2.789 84 2.705 Total - SSA - SWITZERLAND 2.789 84 0 2.705 0 0 0
WORT - GERMANY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 97.193 2.916 94.277 Total - WORT-GERMANY 97.193 2.916 0 94.277 0 0 0
Various users Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 8.416 252 8.163 Total - VARIOUS USERS 97.193 252 0 8.163 0 0 0
102 TRANSPARENCY REPORT 2019
OLAF – Visual Arts
ADAGP - FRANCE Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 244.963 7.349 237.614 999.413 328.128 Total - ADAGP - FRANCE 244.963 7.349 0 237.614 999.413 328.128 0
ACS-UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 0 14.259 4.174 Total - ACS-UNITED KINGDOM 0 0 14.259 4.174 0
AKKA-LAA - LATVIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 113 3 109 Total - AKKA-LAA - LATVIA 113 3 0 109 0 0 0
ARS - UNITED STATES Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 26.338 790 25.548 210.311 95.808 Total - ARS - UNITED STATES 26.338 790 0 25.548 210.311 95.808 0
BILD-KUNST - GERMANY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 248.339 7.450 240.889 171.994 49.808 Total - BILD-KUNST - GERMANY 248.339 7.450 0 240.889 171.994 49.808 0
BILDRECHT GmbH - AUSTRIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 235.291 7.059 228.232 Total - BILDRECHT GmbH - AUSTRIA 235.291 7.059 0 228.232 0 0 0
BONO - NORWAY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 5.860 176 5.684 4.965 2.292 Total - BONO - NORWAY 5.860 176 0 5.684 4.965 2.292 0
Bildupphovsrätt - SWEDEN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 17.715 531 17.184 Total - Bildupphovsrätt - SWEDEN 17.715 531 0 17.184 0 0 0
Copyright Agency - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 10.243 307 9.936 343 89 Total - Copyright Agency - AUSTRALIA 10.243 307 0 9.936 343 89 0
VISDA - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 7.577 227 7.350 Total - VISDA - DENMARK 7.577 227 0 7.350 0 0 0
103 TRANSPARENCY REPORT 2019
COPYDAN-WRITING - DENMARK Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 3.039 91 2.948 Total - COPYDAN-WRITING - DENMARK 3.039 91 0 2.948 0 0 0
DACS - UNITED KINGDOM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 946.080 28.382 917.697 Total - DACS - UNITED KINGDOM 946.080 28.382 0 917.697 0 0 0
HUNGART - HUNGARY Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 605 18 587 Total - HUNGART - HUNGARY 605 18 0 587 0 0 0
JASPAR - JAPAN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 11.031 331 10.700 Total - JASPAR - JAPAN 11.031 331 0 10.700 0 0 0
KUVASTO - FINLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 2.089 63 2.026 625 300 Total - KUVASTO - FINLAND 2.089 63 0 2.026 625 300 0
LIRA - THE NETHERLANDS Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 41.637 1.249 40.388 Total - LIRA - THE NETHERLANDS 41.637 1.249 0 40.388 0 0 0
LATGA - LITHUANIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 119 4 115 Total - LATGA - LITHUANIA 119 4 0 115 0 0 0
PICTORIGHT - HOLLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 49.068 1.472 47.596 Total - PICTORIGHT - HOLLAND 49.068 1.472 0 47.596 0 0 0
PROLITTERIS - SWITZERLAND Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 12.005 360 11.645 Total - PROLITTERIS - SWITZERLAND 12.005 360 0 11.645 0 0 0
SABAM - BELGIUM Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 6.232 187 6.045 Total - SABAM - BELGIUM 6.232 187 0 6.045 0 0 0
SACK - KOREA, REPUBLIC OF Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 2.980 89 2.891 Total - SACK - KOREA, REPUBLIC OF 2.980 89 0 2.891 0 0 0
104 TRANSPARENCY REPORT 2019
SOCAN - CANADA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 1.129 34 1.096 Total - SOCAN - CANADA 1.129 34 0 1.096 0 0 0
SPA - PORTUGAL Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 116 3 113 Total - SPA - PORTUGAL 116 3 0 113 0 0 0
VEGAP - SPAIN Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 28.183 845 27.338 202.920 78.397 Total - VEGAP - SPAIN 28.183 845 0 27.338 202.920 78.397 0
VISCOPY - AUSTRALIA Collections from other Collective Management Organizations Payments to other Collective Management Organizations Category name Amounts received Allocated shares Other deductionsAmounts distributed Amounts paid Allocated shares Other deductions Mechanical performing rights 0 Mechanical reproduction rights 0 Other types of rights 0 1.871 474 Total - VISCOPY - AUSTRALIA 0 0 0 0 1.871 474 0
105
Independent Auditors’ Report
Financial year 2019
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it
TRANSPARENCY REPORT 2019
108 RELAZIONE DI TRASPARENZA 2019
109 TRANSPARENCY REPORT 2019
110 RELAZIONE DI TRASPARENZA 2019
111
Report of the Board of Auditors
Financial year 2019
SIAE - Società Italiana degli Autori ed Editori Viale della Letteratura, 30 — 00144 Roma, Italia www.siae.it
TRANSPARENCY REPORT 2019
114 RELAZIONE DI TRASPARENZA 2019
115