Artisjus Pays HUF 12 bln in Royalties in 2023
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Artisjus, the Hungarian association of composers, songwriters and music publishers, paid close to HUF 12 bln in royalties in 2023, up from HUF 8.7 bln in 2022, but still short payments before the pandemic.
Artisjus said royalties for Hungarian music accounted for 56% of the total, while royalties for foreign songs made up the rest.
Royalties were paid to around 19,000 artists.
Royalties paid to Hungarian artists for international music streaming services rose 46% to HUF 399 mln.
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