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Botswana’s first royalty distribution launched
12/02/14
Botswana’s first royalty distribution launched
Botswana’s first royalty distribution launched

11/02/2013 Botswana today witnessed the launch of the first royalty distribution, where it was revealed that 70% of the royalties collected is distributable to both local and foreign musicians.
The remaining percentage is retained to Copyright Society of Botswana (COSBOTS) to cover operational costs.  COSBOTS is the collective Management Organisation of Botswana mandated to among others license and collect royalties from users of copy right works to distribute to copy right owners.
Officiating at the launch the Minister of Trade and Industry Dorcas Makgato - Malesu further revealed that “By the end of 2013, COSBOTS had collected the sum of over P7.6 Million from different uses of music such as broadcasting.
Out of the sum total, over P1.9 Million will be distributed on the first phase the remaining sum of over P3million has been set aside for the subsequent distribution planned for July this year.
“The rest of the money collected is distributed according to the use of the works, to registered members and to foreign societies whose members’ works are consumed in Botswana and who has reciprocal agreements with COSBOTS”, the Minister revealed.
Makgato-Malesu is hopeful that in the future foreign societies shall also pay COSBOTS royalties for Batswana artists’ works that have been consumed in their respective countries. 

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