Artisjus Partners With Sacem to Manage Online Royalties
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Artisjus, the Hungarian association of composers, songwriters, and music publishers, has mandated France's Sacem, the largest music collective management organization in Europe, to represent the Hungarian music repertoire in licenses with major online streaming service providers, the partners said on Thursday, according to a report by state news wire MTI.
The partnership, effective from January 2023, will allow Hungarian songwriters to get their royalties for music streaming "faster, and at a higher value".
Artisjus managing director András Szinger said entrusting Sacem with a big part of rights management tasks as the number and scale of international streaming service providers grow is "more efficient and sustainable".
Registration, documentation, and identification of the Hungarian music repertoire will remain the responsibility of Artisjus, he added.
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