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KUALA LUMPUR: About 1,000 local music industry professionals can breathe a sigh of relief when the royalty issue is finally resolved with a payment of RM 500 per person in January of next year.
The Deputy Minister of Domestic Trade and Consumer Affairs, Datuk Rosol Wahid, said that the initial payment involved RM11.7 million that were in arrears in 2018 and that the next payment would be awarded based on the music usage report obtained from the music stations. local radio and television.
“The royalty will be paid to those under the patronage of two music royalty collection licensing bodies, which are Recording Performers Malaysia (RPM) Berhad and Performers’ Rights and Interest Society of Malaysia (PRISM) Berhad, which was In arrears the organs could not reach a consensus on the proper method to distribute the musical rights.
“The payment is seen as a relief for local music industry professionals after the Covid-19 pandemic in the country when the incomes of many were affected,” he said at a press conference after chairing a meeting on the distribution. royalties to the local music industry. practitioners here yesterday.
Earlier, media reported that royalty distribution to singers and recording musicians under the two music royalty collection licensing bodies would be paid no later than December.
Meanwhile, the music royalty collection licensing bodies present, namely Music Authors Copyright Protection (MACP) Berhad, Public Performance Malaysia (PPM) and RPM Berhad, disagreed with the consumer association’s proposal. of music to implement a moratorium on the payment of royalties on the grounds that they were affected by the Covid-19 pandemic.
PPM president Rosmin Hashim said the licensing body deemed it unfair to music authors as they were also affected by Covid-19, but their songs were still played in commercial venues such as hotels and restaurants. .
“However, the licensing body agreed to negotiate with the music consumer association including the hotels. shopping malls and restaurants to establish a more reasonable royalty payment rate during the Covid-19 pandemic that affected your business.
“The music consumer association has to be fair to the music industry players, as they also lost their source of income due to the Covid-19 outbreak,” he said.Called
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