Teosto, Koda, TONO and STEF represent over 130,000 creators of music in Nordic countries. The suspension is valid until the attack on Ukraine has ended and the international sanctions on the financial institutions have been lifted.
The Nordic collective management organisations strongly condemn the brutal assault by Russia on freedom and human rights in Ukraine and stand alongside their colleagues and partners in Ukraine who are suffering from the war instigated by the Russian Government.
Teosto is a trusted Finnish collective management organisation that enables professional music-making and music use. Teosto represents almost 38,000 Finnish composers, lyricists, arrangers and publishers of music. We make sure that they can focus on their work by collecting the remunerations for the use of their music and paying the remunerations to them. For our 30,000 customers who use music (radio and TV companies, event promoters, restaurants, and other companies and communities) we provide a wide repertoire of famous and moving musical works that create additional value for their operations. We know the needs of music makers and users and build a bridge between them.
Koda is a Danish non-profit collective management organization that ensures that composers, songwriters, and publishers get paid when their music is used in public. Koda was established in 1926 and represents approximately 48,000 composers, songwriters, and music publishers. In 2020 Koda had a turnover of EUR 130 million.
TONO was established in 1928 and is a non-profit collective management organisation, owned and governed by creators (composers, lyricists, songwriters), and by music publishers, on whose behalf TONO manages financial copyrights to their music. TONO licenses the public performance of copyrighted music on radio, TV, internet, concerts, and the cinema, etc. for a fee. Each year, it transfers its financial profit from music that has been played in public to the music rights holders. TONO has more than 37,000 members in Norway, but it also represents millions of creators and music publishers around the world. TONO provides music creators with a financial foundation for creating new music, and it simplifies the licencing process of copyright-protected music for music users. TONO had a turnover of NOK 712.4 million in 2020.
STEF (The Composers’ Rights Society of Iceland) is a non-profit collective management society, representing over 8.000 Icelandic composers, songwriters, lyricists and publishers. Established in 1948, STEF operates under special certification from the Ministry of Culture and Business Affairs, issuing licences for public performance, collecting royalties domestically and abroad, through reciprocal agreements with other composers’ rights societies worldwide. STEF is a long standing member of CISAC.