According to the annual review published today, Gramex's remuneration collection exceeded a record 29 million euros in 2024. The growth was driven by remuneration revenues collected from abroad and background music. Additionally, Gramex's total operational expense ratio settled at a low level of 13%.

According to the latest annual review, 2023 was a significant year of development projects for Gramex. Thanks to its technological development, Gramex was able to pay out remuneration collected for music use quarterly for the first time in its history. The total amount of remuneration collected was EUR 26.05 million.