A new constellation of stars has seen the light of day in the Nordic area. The three collecting organisations Koda, TONO and Teosto have formed the “Polaris Nordic” alliance which aims at reducing costs and further enhancing the quality of their business.
The future role of Polaris Nordic is to develop and run a joint back-end system for music reporting and distribution of the revenues collected by the organisations. Koda, TONO and Teosto are among the world’s most efficient and lean collecting societies, and their aim is to further reduce their costs by working together and using the same system.
Teosto is a non-profit organisation dedicated to securing a sustainable environment for professional music-making in Finland and to ensuring that Finnish music continues to be performed, now and in the future. We collect performance royalties and pay them out to music authors and publishers. It is our job to enable everyone to enjoy music easily and legally, and to facilitate the use of music as a tool for business promotion. In promoting the wellbeing of music-makers, we are championing the wellbeing and growth of the creative sector as a whole and of Finnish society at large – as we have been doing since 1928.
Koda is a non-profit collective rights management society that administers Danish and international copyrights for music creators and publishers, when their music is performed in public. Koda's two main tasks are to ensure that the music creators get paid when their music is played in public - and to ensure that the music users are able to clear the rights to the music they wish to use. Koda represents approximately 36,500 Danish composers, songwriters and music publishers. Through reciprocal contracts with rights societies in more than 115 countries, we offer the entire world repertoire of music in one single agreement.
TONO is the Norwegian performing rights organization, founded in 1928, owned and controlled by its members: composers, songwriters, lyricists and music publishers. TONO manages performance rights for musical works in Norway and collects fees for their public performance. TONO currently represents approximately 25,000 Norwegian composers, lyricists and music publishers. Through reciprocal representation agreements with similar societies in other countries, TONO in practice manages the worldwide repertoire in the Norwegian territory. TONO gross collections for 2012 was aprox EUR 58 mill . As a non-profit society , all revenues are passed on to members for the performance of their works.