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Net cost absorption
Distribution
Buma distributed €30.3 million more in 2022 than in 2021. This increase was partly caused by a one-off distribution of an extra annual tranche from the undistributed funds. Stemra distributed €12.7 million more in 2022 than in 2021. This was partly caused by a one-off payment of an extra annual tranche from the indivisible funds […]
Royalties
Explanation by the Board
After two special and challenging years which saw significant COVID-19 measures, 2022 was a year in which the impact of the virus on the world in general and the music industry in particular diminished. It meant more income from copyright and also that we were able to take big steps in the realisation of the […]
Management of funds
BumaStemra Read more about BumaStemra’s financial information on our website.
About us
Read more about BumaStemra on our website.
Annual report 2022
Cost standards
Cost standards
Management costs versus Royalties Buma (12.5%) Here the management costs are related to royalties. The standard is 15%. This standard was met in 2023. Cost development Buma (13.9%) Buma’s management costs increased by 13.9% (€ 3.6 million) compared to 2022. Over the same period, the consumer price index increased by 3.8%, which takes the cost […]