The Spanish General Society of Authors and Publishers (La Sociedad General de Autores y Editores (SGAE)) have signed an agreement with Atresmedia whereby the television channel is committed to fully repaying the debt contracted with our organisation for the use of its members' repertoire during the period between the first half of 2019 and the first quarter of 2022.
The amount paid specifically includes the outstanding partial payments from the first half of 2019 to the 1st quarter of 2021, as well as the full invoices from the 2nd quarter of 2021 to the 1st quarter of 2022. These amounts will be shown in the quarterly payment of royalties that will be made in June.
The agreement reached is valid until 2024. Thereafter, both parties will sit down to define the terms of a future contract governing their commercial relationship.
SGAE continues working to guarantee the legitimate rights of all entity members.