Koda annual report – higher overall income means more payment for authors
Koda’s annual report for 2012 bears witness to the society’s tremendous economic growth. By raising its overall income whilst ensuring that costs stay the same, Koda worked hard last year to ensure that its members receive as much remuneration as possible.
Niels Rosing-Schow, Chairman of Koda’s Board of Directors, commented “Koda’s outcome of 2012 is very impressive. The total income of EUR 95 million is of crucial importance to the Danish music scene and ensures that large payments can be made to the songwriters and composers represented by Koda,”
Not content with this success, Koda is now carrying out a comprehensive review of Koda’s rules and distribution of funds – ultimately aiming to make them even simpler, more efficient, and more transparent.
You can read the full report here.
You can browse the Koda site here.