News

2020-01-24

Annual Foreign Distribution 2019

CPRA implemented the Annual Distribution 2019 to foreign CMOs and agents in December.

The total amount was 426.1 MJPY, which is 299.3 MJPY for 34 CMOs and 126.8 MJPY for 26 agents, and Top 3 CMOs were PPL (UK), SENA (the Netherlands) and SoundExchange (US).

In line with the increase of the number of registered agents up to 50, the distribution amount to the agents has been notably increasing since 2015. The reason for this is because many big names tend to change their mandate from CMO to agent especially in Europe and America.