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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 07:32

License fees collected by Estonian Authors' Association total EUR 5.3 mln in 2015

BC, Tallinn, 06.05.2016.Print version
The Estonian Authors' Association in 2015 collected 5.3 million euros of license fees, which is 11% more than in 2014, while royalties paid out by the association, totaled 3.6 million euros, reports LETA/BNS.

The association's commissions amounted to 983,700 euros, the association's annual report shows.

 

The association forecasts its revenue to total 5 million euros in 2016.






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