Tuesday, August 20, 2013

Nigerian Artists Celebrate As COSON Signs Big Reciprocal Agreement With PRS For Music In London

If you are a Nigerian artist, you need to be celebrating right now as COSON (Copyright Society Of Nigeria) signs big reciprocal agreement with PRS for music based in London. This means that anywhere your music is being played in the United kingdom, you are going to be paid for it. 
This agreement formalizes the mandate to COSON to manage in Nigeria the extensive repertoire of world music controlled by PRS for music while PRS for music will ensure the collection of royalties on behalf of COSON in the UK and other territories where PRS operates directly or indirectly through its affiliates. 

The agreement was concluded during a visit to London by COSON chairman, Chief Tony Okoroji. Reacting to the development, chief Okoroji said "The signing of the agreement between COSON and PRS for music if proof that the world has taken notice of the significant progress COSON has made with respect to the collective management of copyright in Nigeria. Nigerian artists can now feel confident to churn out world hits knowing that wherever in the world their music is utilized, there is a worldwide network heavily protecting their interest."

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