Tussle over RM30 million unpaid royalties for recording artistes
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Title : Tussle over RM30 million unpaid royalties for recording artistes
Category : Malaysians
Close to RM30 million in royalties – owed to recording artistes, musicians and performers – is lying idle with two companies authorised to distribute the payments.Around RM20 million is stuck with the now-defunct consortium Music Rights Malaysia Berhad (MRM) that comprised four licensed collection companies. MRM was closed down by the government earlier this year over complaints of irregularities in the collection and distribution system.An additional RM9 million in cash and receivables is with Recording Performers Malaysia Berhad (RPM) that has a membership of 1,800 artistes.The revelation by this column is a further blow to recording artistes who have been brought to their knees by the Covid-19 pandemic.A further complication is a dispute between two other licensing bodies, Public Performance Malaysia Sdn Bhd (PPM) representing recording companies and an insolvent firm, Perf…
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