In 2024, we’ll be withholding less fees from payouts
25 April 2024
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Licentie
In 2024, we’ll be withholding less fees from payouts
Starting in 2024, music creators and publishers will receive a larger share of their BumaStemra payouts. That’s because we’re reducing some administrative fees that are deducted from payouts. For Online platforms (like Spotify), we’re now deducting only 9% for music used in 2024 (down from 10%). And for music used abroad, we’re deducting just 4% (previously 5%).
Thanks to our new IT system and more efficient operations, we’re able to reduce costs. Click here for a detailed breakdown of the percentages per segment.