COVID-19 wipes nearly $1 billion off song royalties

Nov 01, 2021, 08:14 AM

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the 10.7% (or 775 million euros) drop in royalties collected by the song right collecting societies across the world as a result of COVID-19 in 2020, and the leaked UK government report that suggests that COVID passports might be counterproductive.

SECTION TIMES
01: CISAC stats (00:03:39)
02: COVID Passports (00:20:50)
(Timings may be slightly different due to adverts)

STORIES DISCUSSED THIS WEEK
COVID caused 775 million euro drop in song royalty collections in 2020, CISAC confirms
Leaked government report warns that COVID passports could drive up infections