By Chisomo Phiri
The Copyright Society of Malawi (COSOMA) is today disbursing a total of K505 million in which K297 million is going to member musicians under Blank Media Levy Royalties whose work reproduced last year.
Additionally, the body is also expected to disburse K139 million in royalties to literary authors/publishers with another K87 million earmarked for filmmakers.
In a statement, COSOMA has further pointed out that it will present certificates of recognition to a further 54 musicians whose works have earned them [the artists] royalties above K1 million.
The recognition ceremony is set to take place at the Crossroads Hotel in Lilongwe.
COSOMA is a parastatal organization established in 1992 following the enactment of the Copyright Act of 1989.
The organization’s mandate is to promote and protect the interest of authors, composers, performers, producers of sound recording and broadcasters.
It also collect and distribute royalties or other remuneration which may accrue to the rights holders for their rights.
The Society has two roles, namely: a Copyright office, responsible for the implementation of the Copyright Act and Collective Management Organization (CMO) responsible for collective management of musical, literary and artistic works.
COSOMA specializes in Collective Management, Law Enforcement and Copyright Administration.
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