Social and cultural institutions

We provide social and cultural support

Besides our main pur­pose, the licens­ing and set­tle­ment of roy­al­ties, AKM and aus­tro mechana ful­fil impor­tant social and cul­tur­al tasks in favour of their ben­e­fi­cia­ries (“mem­bers”). The organ­i­sa­tions pro­vide social grants for their ben­e­fi­cia­ries and con­tribute sig­nif­i­cant­ly to the pro­mo­tion of music cul­ture. A part of the rev­enues of AKM and aus­tro mechana is ded­i­cat­ed to social and cul­tur­al caus­es of ben­e­fi­cia­ries.

Social support

As of 2019, the social sup­port of both AKM and aus­tro mechana is con­sol­i­dat­ed and han­dled by the new­ly found­ed AQUAS Ltd. Ben­e­fi­cia­ries of both Col­lec­tive Man­age­ment Soci­eties are enti­tled to apply for the fol­low­ing ser­vices:

  • Pro­vi­sion for old age
  • Social sup­port in case of seri­ous emer­gency
  • Social sup­port in case of eco­nom­ic hard­ship
  • Con­tri­bu­tion to secur­ing the liveli­hood of mem­bers
  • Social secu­ri­ty allowances

The allo­ca­tion of these social funds is based on fixed rules which are set in the pol­i­cy of AQUAS.

Cultural support

austro mechana

Con­tem­po­rary com­posers who are mem­bers of aus­tro mechana are enti­tled to apply for cul­tur­al sup­port. The sup­port includes, among oth­ers, sound/visual pro­duc­tions, music pro­duc­tions and –instal­la­tions, edu­ca­tion and train­ing abroad, work­shops, com­po­si­tion com­mis­sions, shows, production/distribution and PR of small labels, and much more.

The dis­tri­b­u­tion of funds is decid­ed in the admin­is­tra­tive board’s com­mit­tees for sup­port of seri­ous music and enter­tain­ment music.

Please find fur­ther details here.

AKM

In the area of cul­tur­al sup­port, AKM’s sub­sidiary GFÖM (Asso­ci­a­tion to pro­mote Aus­tri­an music) han­dles all fund­ing mea­sures in line with the sup­port guide­lines decid­ed by the Gen­er­al Assem­bly of AKM. The objec­tive is to raise aware­ness for copy­right­ed work in the pub­lic by sup­port­ing projects for young musi­cians, con­cert per­for­mances, inter­est groups for music authors as well as com­pos­ing and song writ­ing com­pe­ti­tions.

Please find fur­ther details here.

Funding

As defined by law, 50% of all stor­age media levy rev­enues are des­ig­nat­ed to fund social and cul­tur­al tasks. These funds go to the new­ly found­ed AQUAS Ltd on one hand, and to the cul­tur­al insti­tu­tions of all Col­lec­tive Man­age­ment Organ­i­sa­tions par­tic­i­pat­ing in the stor­age media levy on the oth­er hand. aus­tro mechana is the one for com­posers and song­writ­ers.

The statutes of AKM pro­vide that fund­ing is secured by a so-called social & cul­tur­al deduc­tion. The use of funds is based on fixed rules which have been agreed in the gen­er­al meet­ing.