SGAE Achieves Record Revenue of $457 Million in 2025
The entity closed its best year to date, driven by major tours by international acts such as AC/DC and Ed Sheeran, and local artists such as Joaquín Sabina and Aitana.
Black News 
The Spanish Society of Authors and Publishers (SGAE) closed 2025 with the highest revenue in its history: more than €393 million ($457 million) in copyright royalties, Billboard Español can exclusively report on Monday (May 18). The growth was driven by live music, streaming and international business, while the net distribution of royalties to members rose by 3.1% to €360 million ($419 million), distributed among more than 97,000 authors and members.
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Live performances were among the main drivers of the year. Revenue from concert and tour-related royalties reached €73 million ($85 million), a 13.3% increase compared to 2024 and the highest figure ever recorded by the organization in this category. Of that total, €56 million ($65 million) came from music concerts and tours.
Among the international events generating the most copyright royalties in Spain were concerts by AC/DC, Ed Sheeran, Bruce Springsteen, BLACKPINK and Stray Kids. Tours by local artists such as Dani Martín, Joaquín Sabina, Aitana, Manuel Carrasco and Leiva were also among those generating the highest revenue from copyright royalties during the year.
Royalties generated outside Spain also set records for SGAE. International revenue exceeded €40 million ($46 million), a 14% increase from the previous year, driven primarily by markets like the United States, Mexico, Germany, Italy, Argentina and France. Digital revenues also reached a record high for SGAE, surpassing €64 million ($75 million) in 2025. Music streaming continued to drive much of that growth, generating €41 million ($47 million) in copyright royalties, a 22% increase compared to the previous year.
Television and other public uses of music continued to represent a significant portion of the organization’s revenue, collectively exceeding €190 million ($221 million). Cost reductions in management also allowed for increased royalty distribution, with an additional €8 million ($9 million) being allocated since 2021, according to the organization.
Behind these results is SGAE28, the strategic plan launched in 2025 aimed at modernizing its structure and expanding new revenue streams. “This is about increasing our ability to generate income and ensuring a distribution that is increasingly fair and efficient,” SGAE’s general director, Cristina Perpiñá-Robert, said in a statement.
With over 140,000 members including authors, publishers and heirs, SGAE manages a repertoire of more than 80 million works across more than 220 territories. In May 2025, the organization rejoined the board of the International Confederation of Societies of Authors and Composers (CISAC), one of the world’s leading networks for copyright management.
