Entertainment / Music
ZiFM caught in royalties storm
29 May 2015 at 12:06hrs | Views
THE Zimbabwe Music Rights Association (Zimura) has said artists whose songs are being played on ZiFM will have to wait a bit longer to get royalties as the station has "not paid enough funds that would enable us to do a distribution".
The ZiFM distribution will be done when the private station clears its 2013 debt.
Most artistes have accused local radio stations and the State-owned Zimbabwe Broadcasting Corporation of not paying royalties.
Below is a full royalties statement:
We have done a distribution for Star FM, ZBC and General Distribution to be distributed from 1st June, 2015.
Please note that ZiFM has not paid enough funds that would enable us to do a distribution. The ZiFM distribution will be done when ZiFM clears its 2013 debt.
The 2015 distribution will be done by order of the ZIMURA number, starting from number 1, 2 etc.
ZIMURA had to write off bad debts from ZBC as the two entities have agreed on actual figures for the years 2011-2014.
The debt was on estimates. The writing off of the bad debt situation beyond the Board's control.
The ZBC and General Distribution is based on airplay received in the year 2013. The Star FM Distribution is based on airplay received from June 2012 to Dec 2013.
When your turn to collect royalties comes, you will receive a text message from the office. If do not receive a text message please do not visit the office for distribution purposes as this would be an indication that you did not receive any airplay or your figure does not warrant your traveling to the office.
Those who wish to receive their royalties through the bank or Ecocash please let the office know.
The ZiFM distribution will be done when the private station clears its 2013 debt.
Most artistes have accused local radio stations and the State-owned Zimbabwe Broadcasting Corporation of not paying royalties.
Below is a full royalties statement:
We have done a distribution for Star FM, ZBC and General Distribution to be distributed from 1st June, 2015.
Please note that ZiFM has not paid enough funds that would enable us to do a distribution. The ZiFM distribution will be done when ZiFM clears its 2013 debt.
The 2015 distribution will be done by order of the ZIMURA number, starting from number 1, 2 etc.
ZIMURA had to write off bad debts from ZBC as the two entities have agreed on actual figures for the years 2011-2014.
The debt was on estimates. The writing off of the bad debt situation beyond the Board's control.
The ZBC and General Distribution is based on airplay received in the year 2013. The Star FM Distribution is based on airplay received from June 2012 to Dec 2013.
When your turn to collect royalties comes, you will receive a text message from the office. If do not receive a text message please do not visit the office for distribution purposes as this would be an indication that you did not receive any airplay or your figure does not warrant your traveling to the office.
Those who wish to receive their royalties through the bank or Ecocash please let the office know.
Source - Byo24News
