The Nigerian Copyright Commission (NCC) has reaffirmed its commitment to work with national and international stakeholder groups to overhaul the copyright side of the music industry.
The chief executive of the commission, Dr John Asein, said so in a statement in Abuja on Wednesday during the commemoration of World Music Day 2022 with the theme: “Music at Intersections”.
Asein said the commission would strengthen its regulatory and enforcement mandates to ensure that rights holders benefit more from the global exploitation of their works.
“As we join in celebrating this year’s World Music Day, the Commission renews its commitment to work with national and international stakeholder groups to reshape the copyright side of the music industry. music.
This “will strengthen its regulatory and enforcement mandates to ensure that rightsholders benefit more from the global exploitation of their works.
“The commission will continue to support music-licensed collective management organizations (CMOs) to better enforce rights, monitor uses and collect revenues owed to them while insisting on reasonable tariffs, good governance, accountability and a fair distribution of royalties to rightsholders.’
The chief executive said the commission facilitates discussions between the Musical Copyright Society of Nigeria (MCSN), as the licensed CMO for music, and the DeeJays Association of Nigeria (DJAN).
According to him, this is in line with the policy of the commission to support CMOs and to bridge the gaps between the volume of use and the collection of royalties.
He added that similar interventions would be extended to other CMOs approved in other sectors to promote win-win outcomes.
“The Commission will also revise the Copyright Regulations 2007 (CMO) to address new challenges at intersections, in line with local realities and global best practice.
“Finally, as we reflect on music at various intersections, the Commission urges all approved CMOs to adopt technology-based solutions in the monitoring, collection and distribution of royalties.
“They must also subscribe to acceptable standards of transparency, accountability, effective management, good corporate governance and compliance with the law.
“These will help address any impediments to the steady inflow of revenue for the rights holders they represent,” Asein said.
According to him, the first duty of a responsible CMO is to help rightsholders derive more from the use of their works and to provide a legally safe space for users to maximize their exploitation of these works through the payment of royalties. agreed.
He said the copyright ecosystem must promote a healthy and balanced symbiotic relationship that would grow the industry for the greater good of the majority.
“On this upbeat note, I wish all musicians, producers, service providers, music enthusiasts and all music lovers a wonderful World Music Day 2022,” the CEO said. (NOPE)