VG Wort annual business report 2003

The German collecting society "Verwertungsgesellschaft Wort" (VG Wort) released its new annual business report for 2003. It shows that revenues since 2002 faced a 5.7% increase. The report shows that VG Wort's revenues increased from 79 to 83,53 million Euro. This money will be distributed among 117 997 authors and 6697 publishers. The biggest single amount comes from sales of different kinds of copy machines (31,76 million Euro, 22,5 % more than in 2002).

The report is accessible in German here