SAMRO distributes over R13m to artists
The Southern African Music Rights Organisation (SAMRO) has distributed over R13 million ($748 154) in accumulated royalties to member artists.
The money had remained uncollected because the banking details of some of the members had not been updated even after SAMRO reached out to them in April 2021.
“Some SAMRO members did not update their banking details with the organisation,” SAMRO chief operating officer Mpho Mofikoe said. “This resulted in a build-up of funds as these members could not be paid.”
Mofikoe says SAMRO members receive a purchase order once their royalty earnings reach a significant amount that can be paid out to them as part of the next appropriate distribution, whether they earned their royalties through radio, television, online or live use.
“So while SAMRO had received the money, if a member’s account details were incorrect the payment would bounce and future payments would be halted until the information is corrected,” she added.
“I think we can be proud of our efforts that have resulted in the distribution of millions in royalties to deserving members who must be compensated for the use of their work. As always, SAMRO will ensure that our members receive their rightful earnings.”
Mofikoe says that the collective management organisation is constantly seeking ways to support and protect the well-being of its members, especially following the devastating impact of the COVID-19 pandemic on the music industry.
In addition, SAMRO is currently working to upgrade its system to make it easier for members to check if there are any unclaimed royalties due to them. Mofikoe has urged members to constantly update their details by either logging into the SAMRO portal using their credentials or by getting in touch with SAMRO directly.
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