Teosto collected EUR 70.1 million in music royalties in 2021

Teosto collected EUR 70.1 million in royalties for composers, lyricists, arrangers and music publishers. The amount includes royalties collected by Teosto and by other collective management organisations for Teosto as well as compensation for lending and private copying. This information is included in Teosto’s annual report and financial statements, which were approved by Teosto’s General Meeting on 18 May 2022.