COSBOTS collects P9.2m in royalties

Wednesday, September 24, 2014

Copyright Society of Botswana (COSBOTS) Chief Executive Officer, Thato Mokobi, has revealed that they have collected P9.2 million in royalties. Speaking at the distribution of music royalties workshop for artists and the media at Thapong Visual Arts Centre recently, Mokobi explained P3.4 million of the money would go to members.

He added that the remaining money would be set aside for subsequent distribution. In an interview with Showbiz, Mokobi said that the money collected is distributed according to the use of the works to registered members.

Also foreign societies whose members’ works are consumed in Botswana and who have reciprocal agreements with COSBOTS will receive royalties.

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COSBOTS collects P9.2m in royalties