The Ghana Music Rights Organisation (GHAMRO) is set to share one million Ghana cedis as royalties to musicians this month.
The payment is in accordance with the Copyright Law 2005 and its regulatory Legislative Instrument (L.I 1962), GHAMRO.
The payment, according to a statement by the music rights body, is the first of the two yearly statutory installment of royalties accrued to its members.
“It’s instructive to note that the amount earmarked to be distributed this August is solely from collections and investments made by the Board and Management on behalf of members,” the statement said.
GHAMRO clarified that, it has not yet received the mandatory payment from government, popularly known as “Blank Levy” and that as soon as GHAMRO receives the Blank levy, members will be duly informed and money will be subsequently added to the royalties in the next distribution.
The first distribution of royalties for this year will start from August 15. “Music users, namely, Radio and TV stations, Nightclubs, Pubs, Restaurants, Shopping Malls, Hotels and Banks amongst others are hereby reminded to pay their various licenses to GHAMRO with immediate effect to avoid any embarrassment or possible law suit for failing to comply with the provisions of the Copyright Law of Ghana,” the statement concluded.
Source : MyJoyOnline.Com