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1,000 music industry players to get RM500


Compiled by C. ARUNO, JUNAID IBRAHIM and R. ARAVINTHAN
ABOUT 1,000 music industry players stand to gain royalties amounting to RM500 each, which are expected to be paid out early next year, Kosmo! reported.
The initial payment to musicians and local singers involved RM11.7mil that was outstanding in 2018, according to Deputy Domestic Trade and Consumer Affairs Minister Datuk Rosol Wahid.
“The royalties will be paid to members registered under the Recording Performers Malaysia Bhd and Performers’ Rights and Interest Society of Malaysia Bhd (Prism).
“For a start, we will pay RM500 to those eligible while the rest will be paid after some conditions are scrutinised by their respective licensing bodies, ” he said. ....

Kuala Lumpur , Berita Harian , Samira Othman , Datuk Rosol Wahid , Malaysian Intellectual Property Corporation My , Interest Society Of Malaysia Bhd Prism , Consumer Affairs , Deputy Domestic Trade , Consumer Affairs Minister Datuk Rosol , Recording Performers Malaysia Bhd , Performer Rights , Interest Society , Malaysia Bhd , Malaysian Intellectual Property Corporation , குவாலா லம்பூர் , அமிரா ஆத்மந் , மலேசியன் அறிவுசார் ப்ராபர்டீ நிறுவனம் என் , ஆர்வம் சமூகம் ஆஃப் மலேசியா ப்ட் ப்ரிஸம் , நுகர்வோர் வாழ்க்கைத்தொழில்கள் , துணை உள்நாட்டு வர்த்தகம் , பதிவு கலைஞர்கள் மலேசியா ப்ட் , நடிகர் உரிமைகள் , ஆர்வம் சமூகம் , மலேசியா ப்ட் , மலேசியன் அறிவுசார் ப்ராபர்டீ நிறுவனம் ,

Issue of local musician royalty arrears resolved


Issue of local musician royalty arrears resolved
10 Dec 2020 / 08:21 H.
COURTESY OF REINCHEZ NG
KUALA LUMPUR: About 1,000 local music industry practitioners can heave a sigh of relief when the issue of royalty is finally settled with a payment of RM500 per person in January next year.
Deputy Domestic Trade and Consumer Affairs Minister Datuk Rosol Wahid said the initial payment involved RM11.7 million which has been in arrears in 2018 and the following payment would be given based on music usage report obtained from local television and radio stations.
“The royalty will be paid to those who are under the patronage of two music royalty collection licensing bodies, which is the Recording Performers Malaysia (RPM) Berhad and Performers’ Rights and Interest Society of Malaysia (PRISM) Berhad, which was in arrears as the bodies could not achieve a consensus on the appropriate method to distribute music royalty. ....

Kuala Lumpur , Datuk Rosol Wahid , Rosmin Hashim , Interest Society Of Malaysia , Consumer Affairs , Domestic Trade , Consumer Affairs Minister Datuk Rosol Wahid , Recording Performers Malaysia , Performer Rights , Interest Society , Public Performance Malaysia , குவாலா லம்பூர் , ஆர்வம் சமூகம் ஆஃப் மலேசியா , நுகர்வோர் வாழ்க்கைத்தொழில்கள் , உள்நாட்டு வர்த்தகம் , பதிவு கலைஞர்கள் மலேசியா , நடிகர் உரிமைகள் , ஆர்வம் சமூகம் , பொது செயல்திறன் மலேசியா ,