What does SIAE mean in Institutes?

SIAE

SIAE (English: Italian Society of Authors and Publishers, Italian: Società Italiana degli Autori ed Editori) is the Italian copyright collecting agency. Founded in 1882 in the Kingdom of Italy, it is the monopolist intermediary between the authors of musical tracks and consumers, managing the economic aspects and the distribution of money from royalties of Italian-copyrighted music to authors and on their behalf. In the 2000s and 2010s, SIAE is known for the controversial decision to claim payment through the "Private Copy Siae Tax" for every blank CD, DVD, and HDD sold in Italy since 2001. From 2013 to February 2015, the main spokesperson of the SIAE organization was the songwriter Gino Paoli, who was the president of the society. Paoli resigned after he was investigated for tax evasion; Filippo Sugar was then appointed as a president. The current president is Mogol, famous Italian lyricist.

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