[Sad news] JASRAC, inadvertently accumulated distribution reserve, new business www

JASRAC (Japan Music Copyright Association), at the general meeting of employees in June, out of the usage fees collected from users, all the consignees (songs) Passed a change to the terms of the copyright trust agreement that allows them to spend for projects that serve a common purpose. The project will start in FY2020, with the accumulated capital of approximately 1.6 billion yen and the amount expected to be generated every year in the future. What kind of system will it be? Prior to this, JASRAC President Michio Asaishi said in an interview with lawyer Dotcom, “I'll get another engine (not copyright management).” At this time, the specific contents were not disclosed, but the system will be "another engine". I interviewed Mr. Asaishi again and heard in detail. ● Distribution reserves will inevitably accumulate ――What is “distribution reserve” in the first place? Director Michio Asaishi (hereinafter referred to as Asaishi): As a general rule, consignors (relevant rights holders) who have signed a copyright trust agreement with JASRAC, such as songwriters, composers, and music publishers, JASRAC will be responsible for all copyrights for songs that will be written and composed. Under this agreement, JASRAC will collect royalty fees from users. In addition, JASRAC collects copyright fees from users of songwriters and composers who are members of foreign copyright management organizations that have contracts with JASRAC. For each song, the copyrighted material submitted by the right holder (domestic) Is based on the notification of the work, international votes etc. overseas. The distribution reserve was left undistributable due to the absence of submission of this copyrighted material. * Some excerpts from the link below. Continue with the source https://www.bengo4.com/c_23/n_9981/ Related article document.write(” + ”);