SABC pays 35% artist debt to SAMRO
ATTENTION: SABC pays 35% artist debt to SABC, it might snow it’s so unbelievable.
Finally, some good news is coming from the SABC. To the thousands of authors and composers of music played on SABC TV or radio, you will be paid your dues.
It’s no secret that the SABC has been down in the debt, owing SAMRO more than R160.4 million in royalties with no relief in sight.
But in a significant plot twist, the SABC has paid 35% of their debt (R54.14 million) to the Southern African Music Rights Organisation (SAMRO), who are responsible for distributing royalty fees to its 19,000 plus members who rely on (and wholeheartedly deserve) the money to feed their families and earn a living.
Is that you, SABC?
Furthermore, the broadcaster has committed to honouring their monthly payments as agreed upon with SAMRO, which will see their outstanding debt settled in full by April 2020.
SAMRO’s interim CEO Ditebogo Modiba expressed her gratitude to the SABC:
“Honouring their commitment to us reflects their understanding of the importance of paying for their license, which ultimately benefits our members. This is still a challenge when dealing with some other licensees, and the SABC, despite its financial challenges, has proven to be a positive example in complying with this,” Modiba said. “All of the money received from the SABC will be used to secure the payment of royalties to our members, which is our primary and core function.”
I wonder if this had something to do with #NoPayNoPlay movement initiated by The Kiffness? I don’t know how they’re doing so (and I don’t really care), it’s refreshing to see the SABC step up and pay our talented and wonderful artists their due.
SABC pays 35% artist debt, hopefully, they don’t flake on paying the balance.