What does TONO mean in ASX Symbols?
This page is about the meanings of the acronym/abbreviation/shorthand TONO in the Business field in general and in the ASX Symbols terminology in particular.
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What does TONO mean?
- TONO is a Norwegian corporation that administers copyrights for music in Norway. It is owned and governed by its members; composers, music publishers and text-writers. Through the managing agreement the originators give TONO an exclusive right to administer the members' performing rights in Norway. By 2006 the amount of members reached about 14,000, through agreements of reciprocation with about 60 other corporations, organized under the umbrella-organisation CISAC. TONO de facto manages the whole world-repertoire. TONO was originally created in 1928 under the name of Norsk Komponistforenings Internasjonale Musikkbyrå. Managing of mechanical rights is transferred to NCB, Nordisk Copyright Byrå. Norway has ratified the Berne Convention protecting literary and artistic productions. Furthermore, the convention’s articles are continued in Norwegian law through Lov om opphavsrett til åndsverk 12. mai Nr.2 1961. The law provides the originator an exclusive right to make productions accessible to an audience. Thereby also granting the originator an exclusive right to consent in public use of his or hers productions. According to the law the production is made accessible when it is performed publicly. An important principle of the Berne Convention is that foreign originators, whose country has ratified the convention, as the same protection has national originators.