The Performing Musicians Companies Affiliation of Nigeria (PMAN), has termed on the Nigeria Copyright Fee (NCC) to revoke the license of Copyright Modern society Of Nigeria (COSON), a member-primarily based, not-for-gain organisation created up of audio creators – songwriters, composers, publishers, performers and owners of sound recordings, with speedy result.
In a statement signed and issued by PMAN President, Really Okafor, PMAN, as the trade union dependable for the welfare of musicians in Nigeria, deem it required to point out its posture on the prolonged-drawn COSON disaster. He mentioned that the connect with for the license revocation is line with its mandate to protect the legal rights of its members, who are a stakeholder of COSON.
He mentioned that when Nigerian appropriate holders continue on to put up with incalculable losses, COSON has deployed myriad ways in a desperate attempt to dodge the impartial audit mandated by NCC and other crucial stakeholders in the audio field, even though continue to running and parading alone illegally as a certified CMO.
“PMAN, as a founding pillar of COSON and a essential promoter of the interest of Nigeria musicians has in time past known as on Main Tony Okoroji to summon the bravery to encounter the probe and allow for the impartial audit vindicate him and his fellow accused officers of the modern society.
“A modern report from the auditing agency, KPMG discovered that COSON gathered in excess of N1.1 billion in royalty and licensing fees from consumers in 2017, but claimed it only dispersed N225 million to holders, even though over N800 million is unaccounted for. This is thoroughly unacceptable.
“These desperate antics and twisted logic provide terrible optics for the total sector, significantly at a time when Nigerian music is attaining world wide mainstream penetration,” the assertion browse in elements.
Okafor more stated that the NCC will do well also to remind all stakeholders that it continues to be a legal offence to function as a collective management organisation in Nigeria without the need of a legitimate licence.
He additional the PMAN crew underneath his management is now participating all stakeholders in the songs business to align the industry’s solve on how to offer with the aftermath of the revocation of COSON’s license.