Tremendous year for the Swedish music industry – record payouts to music makers in 2022

As Stim celebrates its centenary year, it does so with a record result. In 2022, Stim collected SEK 2.7 billion in royalty revenue, an increase of 550 million from the previous year. Payouts to songwriters, composers and publishers totaled SEK 2.2 billion, also a record figure.“2022 has been a fantastic year in terms of results, and we’re really proud to be able to pay out such a large sum – with a development that also promises of great things for the next 100 years. As well as the incredible music that our affiliates create, this is also the result of all the hard work going into

Swedish rights collecting society STIM presents a world-first service, providing Youtubers with a one-stop shop for quality music

STIM - The Swedish Performing Rights Society – now presents a unique new service: Cora Music. For the first time in the world Youtubers have unlimited access to a large catalogue of copyright protected quality music. With the songs directly available, the user can add the music of their choice instantly to their creative content for a fixed monthly fee of €25, with no extra costs or administration.Cora Music is based on a subscription model with a large collection of music that is free to use without any risk of ownership claims. STIM is the world’s first collecting society that offers a

STIM awards music creators additional scholarships due to Covid-19

Many Swedish music creators have found it increasingly difficult to maintain their livelihoods due to the Covid-19 pandemic. STIM – which manages the economic rights on behalf of over 92,000 songwriters, composers, and music publishers – is now introducing roughly 300 additional scholarships to mitigate the effects of the crisis.– Many songwriters, composers, and music publishers are in a really tough spot right now. Since this spring, we have launched a number of different initiatives to help. Now we are boosting our regular scholarship operations so that just under 300 affiliated members

Record Number of Songwriters, Composers, And Music Publishers Choose STIM

The number of STIM-affiliated songwriters, composers and music publishers continues to rise. In 2019, STIM affiliates surpassed 92,000, which is the highest number in the organisation’s nearly 100-year history.“It feels great that an increasing number of music creators are entrusting us to manage their economic rights,” says Karsten Dyhrberg Nielsen, CEO of STIM. “2019 was an important year for our members owing to the approval of the new EU copyright directive, and with last year’s record-high revenue we saw the positive effects of all our new agreements with digital music services.”

CV Carina Brorman