December royalties may delay – GHAMRO

Music of Tuesday, 12 December 2017

Source: citifmonline.com

2017-12-12

Chairman of the Ghana Music Rights Organisation (GHAMRO), Rex Omar

Payment of December 2017 season royalties to members of the Ghana Music Rights Organisation (GHAMRO) may delay in reaching them before the Christmas and New Year festivities, Citi Showbiz has learnt.

According to a statement signed by the PRO, Prince Tesgah, this may happen due to circumstances beyond their control.

He says the predicament, is borne out of the fact that GHAMRO is yet to receive the statutory blank levy payment from Government to enable prompt distribution of royalties for this particular season.

“Cognisance must be taken of the fact that in August this year, GHAMRO distributed GHC 1 million, to music right owners which was not payment received from the blank levy funds from government, but internally generated money from collections made by GHAMRO from commercial music users in the country,” he added.

Due to the above reason GHAMRO does not have the financial capacity to effectively pay the desired minimum amount as royalties, to the music right owners in Ghana, barely 4 months from the last distribution based on collections only.

Prior to the above payment of royalties in August , an earlier payment was executed in April, 2017 which was arrears for December, 2016, making this December season the third, if GHAMRO is able to meet the “before Christmas ” deadline as expected by the members.

Finally, he noted that the Board and Management of GHAMRO assures members that very soon, royalties shall be paid to them immediately upon the receipt of funds from government, since plans to collect cheque from the Finance Ministry is underway.

قالب وردپرس

Comments