No menu items!

Ecad estimates a 62% drop in revenue during Brazil Carnival 2022

RIO DE JANEIRO, BRAZIL - The report What Brazil hears, prepared by the Central Bureau of Collection and Distribution (Ecad), reveals that the suspension of events and carnival blocks will have a strong impact on the music industry, resulting in a drop of more than 60% in copyright revenue.

Ecad's forecast is to collect R$6 million during the carnival period, which represents a 62% reduction in the amount collected in 2020, before the covid-19 pandemic. By the end of January, were collected 41% of this estimate, which refers to events already licensed and paid in advance.

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content