SCF S.r.l., the main collective management organisation (CMO) of record producers, has recently approved the balance sheet for the year 2021, which closed in 54.9 million royalties distributed to shareholders, members and CMOs of performers (+30% compared to 2020).

Members, catalogue and international revenues are growing in a difficult year.

The vote by a large majority of the EU Parliament on the compromise text of the rapporteur Voss and the related mandate to negotiate in the trialogue with the Council and the Commission was an important message to the European cultural industry and to major platforms.