450 Million Lira Royalty Payment from MESAM to its Members

Turkish Musical Work Owners Professional Association (MESAM) announced that 450 million lira royalty fee was transferred to its members and rights holders in the last distribution period.

According to the statement made by the institution, 450 million lira royalty fee was paid to the owners of the works within the scope of the last distribution carried out by MESAM. The non-profit institution reported that it distributed 125 million lira of foreign exchange income to its members as part of the excess income it generated.

The statement continued with the following statements:

“After the administration headed by Recep Ergül took office, efforts towards institutional structuring and increasing copyright revenues accelerated.

MESAM, which re-strengthened its international relations in this process, was re-admitted to CISAC and rose from the last places to 37th in the world rankings.

"MESAM's national and international licensing activities, mutual representation agreements and practices aimed at increasing copyright revenues in recent years have resulted in a significant increase in the institution's revenues."