nlen

Private Copying & Public Lending Rights

The increase [of the rights revenues of Stemra] is related to a resumption of the rights revenues from Stichting de Thuiskopie [the Dutch Private Copying Foundation], which in 2014 received a settlement payment of € 33.5 million from the Dutch State.

In 2015, Stichting De Thuiskopie completed the biggest part of the payment to Stemra of Stemra’s share in this settlement. Stichting de Thuiskopie also paid out the ‘regular’ revenues collected in 2013 and 2014, which it withheld out of precaution, to copyright owners, Stemra among them, in 2015.

It is expected that Stemra’s share in the revenues collected by the Dutch Private Copying Foundation will be paid out in the regular manner as of 2016.