body-container-line-1

Payment Of Royalties Starts Monday - GHAMRO

By MyJoyOnline
General News Payment Of Royalties Starts Monday - GHAMRO
SEP 21, 2018 LISTEN

After announcing a possible delay in distribution of the June-July royalties accrued from the Blank Levy, Ghana Music Rights Organization (GHAMRO) is set to begin distribution from September 24.

In a press release signed by Public Relations Officer of GHAMRO, Prince Tsegah, it was noted that the Blank Levy expected from government has not been paid.

The organization, however, has deemed it necessary to distribute royalties accruing from Collections rather than waiting for the Blank Levy.

Monies from Collections are usually distributed in December but due to the current situation, executives of GHAMRO have decided to start distribution from Monday, September 24, 2018.

According to the release, an amount of ¢500,000 which is just a part of the Collections will be distributed.

GHAMRO indicates that members might receive less than they expect because it the money is just a fraction of the whole.

The Organization also urged all users of music for commercial purposes to validate their licenses and pay for the usage of music.

Find the Press Release below:
For Immediate Release
The Ghana Music Rights Organization (GHAMRO) wishes to inform its esteemed members that the distribution of royalties would start from Monday, 24th September 2018, this decision has become necessary due to the delay in the release of blank levy due to the Society from the Government of Ghana.

As you are already aware, GHAMRO conducts its distribution twice in June –July and December of each year with the Blank Levy used for the June distribution whilst the collections used for the December distribution. Given however the current situations where the Blank Levy has unexpectedly delayed, and considering the burden it has placed on members, a decision has been reached to immediately disburse collections so far made to assist members.

It is important, however, that members would kindly take note that since the collections are ongoing and the amount of ¢500,000 to be distributed is just part of collections made, the due payments to members would be low as compared to previous distributions.

From the foregoing, Ghamro would like to also place on record that it has not received the Blank levy payments from Government for 2018, which amount has reduced for the past years as a result of dwindling CDs and Cassettes imports.

This has affected the revenue generated from the 20% levy imposed on blank media under the legislative Instrument, LI 1962. We at Ghamro wishes to assure members that steps are being taken to have “other devices” like mobile Phones, Pen drives, hard discs, Laptop computers etc. included.

GHAMRO is very grateful for the patience exhibited by members in the face of the delay and assures them of doing everything in our power to protect their interest.

We also take the opportunity to remind all commercial Music users including Broadcasting Stations, Shopping Malls, Banks, Pubs, Hotels to renew their licenses by contacting any GHAMRO offices nationwide and those who have yet not regularized their operational license should do so immediately to avoid embarrassment and possible prosecution in the court of law.

For all enquires call our hit lines
GHAMRO BEFORE PLAY.
SIGNED
Prince Don –Tsegah
Public Relations Head
Story by Ghana | Myjoyonline.com | Maxwell Amoofia

body-container-line