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GEMA Reveals 2024 Results: Revenue up 4% to $1.44 Billion
GEMA's 2024 results show revenue was up 4% to $1.44 billion. The German collecting society is also distributing $1.22 billion to rightsholders.
Last year “was marked by geopolitical tensions, economic uncertainty, and disruptive technological developments,” GEMA CEO Tobias Holzmüller said in a statement released with the results. That’s GEMA’s biggest category of revenue, with growth fueled largely by Germany’s live concert boom. Online generally shows more growth, but the way collecting societies book revenue makes it hard to draw any conclusions from this.
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