Advertisement

JACAP members receive royalties

The Jamaica Association of  Composers, Authors and Publishers (JACAP) has disbursed more royalties to its members.
 
The Economic and Social Survey 2016 shows it disbursed J$56.7 million  in royalties that were collected during the year.This represented an increase of  45 per cent compared with 2015. 
 
Overseas royalties collected in 2016 by JACAP on behalf  of  its members totalled to $21.5 million relative to $14.1 million  in the previous year.
 
Meanwhile, the Jamaica Music Society recorded an increase in gross income in 2016 - it totalled $63 million -  an increase of 18.3 per cent relative to 2015.
 
Income from broadcasting and cable was $32.1 million compared with $22.4 million in 2015.
 
Overall, $25.6 million  was collected in permit fees from entities which used music protected by JAMMS licences, a decline of  0.7 per cent relative to 2015. 
 
The reduction stemmed from lower collections by JAMMS from six of  the eight categories of  music users.
 
Events, Hotels and Motels accounted for the majority of  the income from Licence Fees.  
 
Overseas royalty payments were $5.3 million slightly up from $5.1 million in 2015.


comments powered by Disqus
Most Popular
Fiery protest in Spanish town following...
DPP's second tenure extension...