ECCO, the Eastern Caribbean Collective Organisation for Music Rights, is preparing to make a payout of over one million EC dollars in royalties to members and members of affiliates, Chief Executive Officer, Steve Etienne, has announced.
Etienne told St Lucia Times that this time the payment will be in respect of live performances in 2016.
Two months ago ECCO made a payout of a record more than $EC 400,000 in general and broadcasting royalties.
Etienne said the latest distribution for live performances is very important to ECCO members because it is an area in which the percentage of local airplay is higher.
He said the payout relates to performances of several live local shows including the calypso shows and Mercury Beach of last year.
“For the region we will be paying out the CLP matches – matches played in the stadium in St Kitts, the Jazz and Creole Festival in Dominica and we will also be paying out royalties for the Dominica World Creole Festival that occurred in October last year and of course the opening of Carnival – also in Dominica, ” the ECCO official explained.
He also mentioned an event in St Vincent and the Grenadines.
According to Etienne two other distributions will be made – an important one being for the period January to June 2017 which will be paid out in October, an estimated $400,000, and later the payment for jingles that underpin advertisements aired by licensed broadcasters.