Nascam royalty payments underway
As the year ends, John Max, Nascam CEO, says member artists will be getting their royalty payments for last year as of now until the first week of December.
Just like last year, 4 000 Nascam members will be reaping what they sowed from their talents. According to John Max, Nascam CEO, all the figures are not yet in place but in total, Namibian artists will receive N$1.2 million in royalties payments, collected from NBC TV and radio stations, from jukeboxes and other music users.
Of royalties being paid out now, over 1 874 members will receive between N$6.40 to N$400 while about 500 members will receive between N$500 to N$15 000.
“The highest paid member for the year will get N$32 000 and the lowest N$6.40. Artists get N$6.40 for each song that receives airplay. If the members form a band, the N$6.40 will be split between the members by us and each member will get their share deposited in their account. If the song has a different producer, composer or author, the same N$6.40 will be shared amongst the same people,” said Max.
Namscam urges all their members to update their banking details at their offices as some transactions are bouncing which results in money not being paid into member accounts.
“For every bounce, we are indebted with charges and we want to avoid this. Please ensure that all your details are verified with us and are correct. Nascam will be making payments until the first week of December and should any members not update their information with us by then, they will receive their royalties next year,” said Max.
He cautioned public users to stop pirating music as it is a violation of copyright and there will be consequences. He further said that should artists find their pirated work being used, they can confiscate the material and take it to the nearest police station or they should call the police.
“We need to work together so we avoid terrible incidents should an artist get frustrated and cause injury to someone who pirated their music.
“These artists spend time and money in studios to produce quality work and it is unfair for someone to take bread out of their mouth just like that,” said Max.
June Shimuoshili
Of royalties being paid out now, over 1 874 members will receive between N$6.40 to N$400 while about 500 members will receive between N$500 to N$15 000.
“The highest paid member for the year will get N$32 000 and the lowest N$6.40. Artists get N$6.40 for each song that receives airplay. If the members form a band, the N$6.40 will be split between the members by us and each member will get their share deposited in their account. If the song has a different producer, composer or author, the same N$6.40 will be shared amongst the same people,” said Max.
Namscam urges all their members to update their banking details at their offices as some transactions are bouncing which results in money not being paid into member accounts.
“For every bounce, we are indebted with charges and we want to avoid this. Please ensure that all your details are verified with us and are correct. Nascam will be making payments until the first week of December and should any members not update their information with us by then, they will receive their royalties next year,” said Max.
He cautioned public users to stop pirating music as it is a violation of copyright and there will be consequences. He further said that should artists find their pirated work being used, they can confiscate the material and take it to the nearest police station or they should call the police.
“We need to work together so we avoid terrible incidents should an artist get frustrated and cause injury to someone who pirated their music.
“These artists spend time and money in studios to produce quality work and it is unfair for someone to take bread out of their mouth just like that,” said Max.
June Shimuoshili
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