The budget for 2023 takes into account an expansion of the workforce to 168.3 FTEs. These extra FTEs mainly focus on strengthening the IT department, but also for Business Support to make better use of the increasing amount of data available at BumaStemra. With more extensive formation, we want to professionalise the organisation, increase satisfaction […]

In the above overview, the figures up to and including 2020 related to the appropriated reserve. In 2021, the appropriated reserve was transferred to a provision presented on the balance sheet for temporary differences in cost effectiveness. The provision for temporary differences in cost effectiveness contains the cumulative differences in cost effectiveness that will be […]

The budget for 2023 shows a € 4.8 million increase in management costs compared to last year. In previous years, the implementation of the strategy (apart from the IT transition Pyramid) was postponed. This has now truly started and will definitely be continued in 2023. Because the start was hampered by Covid-19 and tightness in […]

In the budget for 2023, a standard return on investments of 1.9% is expected, which corresponds to approximately € 3.1 million. This is € 0.8 million higher than the standard return for 2022. The standard return is based on market expectations and serves to include investment results that fluctuate from year to year more evenly […]

Income Buma Income increased by € 3.6 million in 2023. This was mainly due to higher administration fees on collection (+ € 3.3 million) due to higher royalties revenue in 2023. Total management costs Buma Buma’s management costs increased by € 3.6 million to € 29.5 million in 2023. This is € 1.8 million less […]

Due to rising royalties in the years 2021 and 2022, higher amounts available for distribution are expected in the budget for 2023. The total distribution increases compared to the budget for 2022 by € 31.1 million. This is caused by the increase of € 32.3 million at Buma. Stemra’s distribution budget for 2023 is € […]

In 2023, Stemra distributed € 205.5 million to affiliated rights owners and organisations with which it has reciprocal contracts. Compared to last year, an increase of € 27.6 million was achieved. This is partly caused by the increase in the collection of royalties. In addition, distribution of international royalties was accelerated. In 2023, Stemra distributed € 46.0 million to […]

BumaStemra’s joint royalties for 2023 are budgeted at € 259.5 million. This is € 36.4 million (+ 16.3%) higher than the budget for 2022. At Buma, the growth in royalties is greatest in the Radio, TV and Network Providers market segment (+ € 10.5 million). In addition, the 2023 budget estimates that the Events market […]