Teosto (

Finnish Finnish may refer to: * Something or someone from, or related to Finland * Culture of Finland * Finnish people or Finns, the primary ethnic group in Finland * Finnish language, the national language of the Finnish people * Finnish cuisine See also ...

: Säveltäjäin Tekijänoikeustoimisto Teosto r.y.) is a non-profit

performance rights organization A performance rights organisation (PRO), also known as a performing rights society, provides intermediary functions, particularly collection of royalties, between copyright holders and parties who wish to use copyrighted works ''publicly'' in loc ...

that collects royalties on behalf of songwriters and composers in

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

. Teosto is a member of the

Confédération Internationale des Sociétés d'Auteurs et Compositeurs The International Confederation of Societies of Authors and Composers ( French: ''Confédération Internationale des Sociétés d'Auteurs et Compositeurs'', ''CISAC'') is an international non-governmental, not-for-profit organisation that aims to p ...

(CISAC). It represents 29 000 Finnish, and nearly three million foreign composers, songwriters, arrangers and publishers. The organization's clients are 29,000 music-using companies and communities. Teosto has 75 important people making decisions. Its CEO has been Katri Sipilä since 2001, and composer

Kim Kuusi Kim Kuusi (born 28 December 1947, in Helsinki) is a Finnish composer best known for his advertising jingles. Kuusi studied at the Helsinki School of Economics, also teaching there in 1975. Alongside studying, Kuusi had been involved in the creati ...

as chairman since 2011. Teosto paid its clients 52.3 million euros in 2014 and with reimbursements from other organizations, Teosto's revenue grew up to 60.1 million euros. Part of that revenue are reimbursements from foreign sister-organizations for using Finnish music abroad, and reimbursements from the Danish

Nordisk Copyright Bureau Nordisk Copyright Bureau (n©b) is a copyright collecting society which maintains Nordic and Baltic composers', writers' and producers' copyrights. NCB is based in Copenhagen, Denmark, and is owned by the collecting societies in the Nordic countri ...

(NCB) for Finnish pieces as well as a lending compensation for music recordings and lending of music notes from libraries.

History

A Group of Finnish music makers and publishers founded the organization in 1928 to regulate their rights.

Activity

According to the organization's website: * Teosto takes care of the economic rights of music makers' works. * Teosto sells licenses for playing and recording music. Users of these licenses are radio and TV companies, organizers of concerts and companies using background music such as Taxis and barbershops. * Teosto participates in music export. Export focused

Music Finland Music is generally defined as the art of arranging sound to create some combination of form, harmony, melody, rhythm or otherwise expressive content. Exact definitions of music vary considerably around the world, though it is an aspe ...

is an organization that Teosto finances. * Teosto annually gives out a Teosto-award. It is 40 000 euros, and can be shared by up to 3 musical works. The award must be given to a client of Teosto

References

External links

Teosto
Music organisations based in Finland Music licensing organizations {{Finland-stub