First ECCO payout to members
The Eastern Caribbean Collective Organisation for Music Rights (ECCO) Inc. distributed loyalties to its members and affiliates around the world on August 12th, 2010.
The payment is for performances of their music in the OECS. Agent and Chairman of ECCO, Mr McCathy Marie said that the organization is pleased to make this first payment as they continue safeguarding copyright owners in the OECS.
He said “we paid out about $200,000, some to ECCO members and to organizations like COT in Trinidad, COSCAP in Barbados, ASCAP and BMI in the United States and PRS in the UK.”
While the total payout totals $200,000 approximately $45,300 is being paid directly to ECCO members in the form of allocations and the balance, is being paid on performances details provided by radio stations and major live event such at St Lucia Jazz. Mr Marie said that the collection process is rather simple.
“Persons who want to use music in public according to the law should get authorization from us and we will give them a contract which will specify what fees they ought to pay and when it should be paid by. We have different fees for different occasions, in broadcast and cable service; it’s a percentage of the revenue that the organization makes, in stores; it’s according to the size of the store, in an office; it depends on how many persons are in the office. We have different rates for different situations as well,” said Marie.
Mr Marie said that as ECCO expands its operations throughout the OECS, it is expected that royalties received and paid out to members and sister societies around the world will increase. He said that there are many benefits that can be derived from being a full member of ECCO.
“When we are in Dominica, there is a difference in whose music we play because if we use foreign music in Dominica, when we collect the money we will hand it over to the foreigners. So it is actually useful and good for the Dominican economy, that people would use as much local music as possible. Secondly, it is necessary that everybody who writes and creates music to become a member of our society if he lives in Dominica so that we can act and collect monies on his behalf when the music is played abroad,” concluded Marie.