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Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who served as the 47th vice president of the United States from 2009 to 2017 and represented Delaware in the U.S. Senate from 1973 to 2009. A member of the Democratic Party, Biden is the presumptive Democratic nominee for president in the 2020 election. He unsuccessfully sought the Democratic presidential nomination in 1988 and in 2008.
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French Music Rights Body SACEM Collected Record $1.62B In Royalties in 2023

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deadline.com

France’s Society of Authors, Composers and Publishers of Music (SACEM) has announced a 5% hike year-on-year on the total amount of royalties it collected on behalf of its members in 2023, to bring in unprecedented revenue of $1.62B (€1.487B) for the year.

The Paris-based body, which was created in 1851, represents 224,470 members – divided between creators and publishers – and manages a global repertoire of more than 160 million works, according to its own figures.

The Paris-based body attributed the revenue rise in part to the bounce back of the live music sector after the Covid-19 pandemic, with general royalties rising 18.0% year-on-year to hit $422M (€388M).

Another key factor was a 13.0% rise in digital revenue to $627M (€577M). SACEM noted that it remained “particularly vigilant” about the digital sector and that it had renegotiated key agreements in 2023 with Apple Music, Spotify and Deezer.

Read more on deadline.com
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