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Economic Results of OSA 2025

Ivan Kurz

Report on the Activities of the Supervisory Board for the 2025 Fiscal Year

 

The OSA Supervisory Board held a total of 11 meetings in 2025. 2025 was an election year. The General Assembly was held on May 26, 2025, at the Grandior Hotel Prague. Prior to the 2025 OSA General Assembly, the Supervisory Board met five times in its original composition; following the General Assembly, from June through December, it met six times with its newly elected members.

The first meeting of the newly elected OSA Supervisory Board took place on June 4, 2025. At this meeting, a secret ballot was held to elect the Chair and Vice-Chairs of the Supervisory Board. Ivan Kurz was elected Chair, with Michael Prostějovský (representing the professional group of lyricists) and Jolana Zemanová (representing the professional group of publishers) serving as Vice-Chairs. Additionally, elections were held for members of the individual committees of the Supervisory Board for the following three-year term.

Audit

The Management Board is responsible for preparing the financial statements. The Supervisory Board is responsible for overseeing the financial reporting process. A regular audit conducted by the independent firm PKF APOGEO Audit, s.r.o., found no irregularities in OSA’s 2025 financial statements, and the information presented in the OSA Management Boards’ annual report is consistent in all respects with the financial statements.

Financial Results

OSA’s financial results for 2025 can be described as unequivocally positive. Despite the very complicated circumstances of our current times, OSA’s financial situation remained unaffected. Credit for this goes primarily to the OSA Management Board, led by Ing. Roman Strejček. The Supervisory Board and its individual committees (particularly the Economic Committee and the Distribution Committee) have also proven their worth in their respective roles. From a revenue perspective, the past year was historically the most successful for OSA. Total revenue surpassed the magic threshold of CZK 2 billion (including collections for other collective management organizations and other collections). Year-over-year, collections increased by 7.5%. The strongest source of revenue was (as in the previous period) broadcasting, online media, and mechanical rights (57%); followed by revenue from public performance (38%). Overhead expenses amounted to 11.98%.

Membership Base

As of December 31, 2025, the OSA association had 621 members, including 378 popular music composers, 54 classical music composers, 107 lyricists, 48 heirs, and 34 publishers. As of January 1, 2026, 20 new members were added, having been admitted by the General Assembly in 2025. Due to failure to meet financial requirements, the membership of one composer (Cv) was terminated as of December 31, 2025.

The current status (as of January 1, 2026) is therefore a total of 640 members, of whom 390 are popular music composers, 54 are classical music composers, 111 are lyricists, 49 are heirs, and 36 are publishers.

Activities of the Supervisory Board

The Supervisory Board continuously and primarily addressed current issues related to the needs of the authors’ and publishers’ community and sought to achieve the best possible positive results through its decisions. In cooperation with the Management Board, the Supervisory Board oversaw the preparation and resolution of all current issues related to copyright matters. It addressed, for example, the following topics:

  • the appreciation of financial resources through secure, high-yield term deposits
  • legal issues related to copyright matters
  • social issues concerning the authors it represents
  • development in the field of IT and artificial intelligence
  • maintenance of OSA’s real estate (progress and continuation of the renovation of OSA’s headquarters in Prague 6, Čs. Armády 786/20)
  • current issues related to copyright matters (the Board of Directors’ annual report, the auditor’s opinion, the annual financial statements, the financial results of OSA’s agency activities, etc.).

For this year’s OSA General Assembly, the Supervisory Board reviewed and prepared the necessary materials for the General Assembly’s voting. Given that the General Assembly is not scheduled until late May, it is entirely logical that the Supervisory Board’s activities extend into the following calendar year.

Here are a few examples concerning not only the General Assembly:

  • Proposal to amend the distribution rules – change in the method of distributing royalties for public performances of audiovisual musical works (“cinemas”) – see amendment to the wording of distribution rule 5. 4. 3 – The Supervisory Board discussed and approved the proposal of the Distribution Committee on December 9, 2025.
  • Setting the overhead rate for non-addressed collections – the proposal of the Economic Committee to set the overhead rate for non-addressed collections at 20% was discussed and approved.
  • The Supervisory Board discussed and approved the proposal to maintain a conservative strategy (as part of the investment evaluation and strategy proposal for the next period).
  • The Supervisory Board was informed by The Management Board about the resolution of legal issues concerning payments from hotel rooms and took note of this information with approval.
  • It was also informed of the successful agreement with representatives of Czech Radio regarding the license agreement for 2026.
  • A manual for the registration of works created using artificial intelligence (AI) tools/services was discussed and approved – discussed on December 9, 2025 – see the OSA website.
  • Discussion of the issue of modernizing the digital equipment in OSA offices, etc.

Overall, it can be stated that the work of the OSA Supervisory Board proceeded throughout the entire year of 2025 in a spirit of good collegial cooperation, accompanied by the energy of positive human relationships, with a willingness to do our utmost to find successful solutions to the discussed topics and tasks. I would like to take this opportunity to thank all members of the Supervisory Board and also the Management their exemplary professional, work-related, and personal dedication. This was, of course, one of the prerequisites for successfully addressing ongoing issues and achieving exceptional financial results. Let us recall once again that 2025 was historically the most successful year in terms of authors’ revenues.

On behalf of the OSA Supervisory Board
Ivan Kurz