COSON, NBC, Set To Reach A Compromise on Artistes Royalties

COSON, NBC, Set To Reach A Compromise on Artistes Royalties
Story by Nathan Nathaniel Ekpo/Nigeriafilms.com

Last Updated: 10 hours ago

Chairman, Copyright Society of Nigeria (COSON), Chief Tony Okoroji has said that the end appears to be near with respect to the crisis that engulfed the music and broadcasting industries in Nigeria over the payment of copyright royalties in the last quarter of 2013.

While addressing some musicians at COSON Headquarters in Lagos recently, Chief Okoroji said that a lot of progress has been made in the negotiations to break the deadlock between COSON and the broadcasting industry and that the negotiations which have gone on for several months may be nearing conclusion.

According to Chief Okoroji who has led the COSON team to the negotiations moderated by the National Broadcasting Commission (NBC) with the support of the Nigerian Copyright Commission (NCC), said the conclusion of COSON and other relevant authorities, will have far reaching impact on the music industry in Nigeria for years to come.

Speaking further, Chief Okoroji said, “What erupted as a major crisis may indeed turn out to be the proverbial blessing in disguise for our country. Adding that finally, COSN is sitting on the same table with the broadcast industry and important issues that affect both our music and broadcast industries are being ironed out.

‘It appears like a miracle but it is happening. I give kudos to the leaderships of both the NBC and NCC for what we have achieved so far,’ he added.