SUISA distributes CHF 117 million to music creators

SUISA’s 2010 financial statements were approved by its General Assembly on June 18, 2011 in Bern. Last year, SUISA distributed CHF 117.3 million (2009: CHF 119.5 million). After an average cost-coverage deduction of 11.95%, more than 88% of SUISA’s royalty revenues were distributed to publishers, authors and composers of music. Géraldine Savary, member of the Council of States, was elected to the Board. The composer Xavier Dayer was elected President of the cooperative society.

 

Link to press release

Link to annual report

 

---