Europe and Latin America saw double-digit declines in collections during the pandemic-impacted year, while North America was basically flat.
At the front-end of the COVID-19 pandemic, CISAC was anticipating a 25%-30% decline in collections for 2020, based on estimate reports then from member organizations, Oron tellsAs well,"digital collections have managed to mitigate the fall in other income sources in many countries," Oron said."The surge of digital collections globally is a tribute to the efforts of CISAC societies to change strategy, shift resources and step up digital licensing activities.
CDs and video generated 621 million euros in 2020, a 4.8% decline from the prior year's total of 652.3 million euros Rental and public lending decreased to 12 million euros from 14.9 million euros The only other category showing an increase in 2020 -- besides digital -- was private copying assessments, which garnered 338 million euros , a 46.2% increase from 231.2 million euros in 2019.
France, ranked No. 2 with a 11% market share, declined 12.8% to 902 million euros from 1.034 billion euros in 2019 Italy, ranked No. 6 with a 3.8% market share, suffered the biggest decline of the top-performing countries, down 35.1% to 310 million euros from 477.66 million euros in 2019 South Korea, ranked No. 10 with a 2.1% market share, grew by 9.4% to 173 million euros from 158.14 million euros in 2019