SUISA growing in the online segment
SUISA’s royalty revenues increased from CHF 131.7 million to CHF 135.7 million in the last financial year. This was announced by the cooperative society at its general meeting in Bern on Saturday. The strongest growth was recorded in the online sector, with revenue increasing by 18% to CHF 4.6 million.
This development shows that SUISA is playing an increasingly important role for music authors and publishers in the online market. The Zurich composer Gary Berger was awarded the FONDATION SUISA prize at the general meeting. Christian Fighera, co-director of the Lausanne-based music company Two Gentlemen, was elected to the Board of Directors.