At the Assembly of Delegates held today, ITSRIGHT taked stock of its
activities in the year 2021-2022.
In a year still marked by great suffering for the sector, trust in the
company and in its work grows. This data is confirmed by the growth of mandates, which, at the close
of the 2021-2022 fiscal year, between direct mandates, through agents, and foreign
collecting societies exceeds 170.000.
ITSRIGHT reconfirms itself as the only
performers CMO in Italy, that negotiates and collects directly from Users neighbouring rights’ compensations.
A commitment to make the activities in favor of its performers more and
more efficient and transparent.
Both Performers and music Users are rewarding ITSRIGHT’s strategy, which
implements the change in the Italian law that allows Performers to manage their
neighbouring rights’ compensations independently from discographers.
On the Broadcasting front, direct agreements have been signed with SKY, with Confindustria Radio TV, the most representative association of
Italian radio and television media: an agreement that covers names such as RTL
102.5, Radio Deejay, Radio Capital, RDS, Radio Italia, Monte Carlo, and Radio
Added to this are the agreements already operational with RAI, RTI for all Mediaset channels, Discovery and DeAgostini.
A unique result in the Italian market of
Excellent results also on the international front.
ITSRIGHT is committed
to offer to performers and producers integrated and borderless services.
The company's internationalisation process follows long-standing
partnerships operating in major European countries, in the United States, in
Canada, in South America. To date, ITSRIGHT boasts agreements involving 60
CMO, operating in mor
e than 50 countries worldwide.
"It was definitely a year that
confirmed the effectiveness of our strategy. Our commitment for the coming year
will be to make our services more and more efficient, to maximize the value of
our performers and producers catalogues among all music users. We will continue
to protect our performers so that they receive a fair remuneration for
streaming uses and at their side for the unblocking, after years, of the
collection of the Annual Supplementary Remuneration. It remains firm and
strengthens, in fact, our commitment to reaffirm the centrality of rights in
all forms, for the benefit of all those entitled” commented Gianluigi Chiodaroli,
President of ITSRIGHT.