Teosto
Introduction


**Teosto** ([Finnish](/wiki/Finnish_language "Finnish language"): **Säveltäjäin Tekijänoikeustoimisto Teosto** r.y.) is a non\-profit [performance rights organization](/wiki/Performance_rights_organization "Performance rights organization") that collects royalties on behalf of songwriters and composers in [Finland](/wiki/Finland "Finland"). Teosto is a member of the [Confédération Internationale des Sociétés d'Auteurs et Compositeurs](/wiki/Conf%C3%A9d%C3%A9ration_Internationale_des_Soci%C3%A9t%C3%A9s_d%27Auteurs_et_Compositeurs "Confédération Internationale des Sociétés d'Auteurs et Compositeurs") (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 is [Risto Salminen](/wiki/Risto_Salminen "Risto Salminen") since 2018, and composer [Antti Auvinen](/wiki/Antti_Auvinen "Antti Auvinen") is the chairman.

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](/wiki/Nordisk_Copyright_Bureau "Nordisk Copyright Bureau") (NCB) for Finnish pieces as well as a lending compensation for music recordings and lending of music notes from libraries.


How much money did Teosto pay to its clients in 2014?