IN­CREASE ROY­ALTY PAY­MENTS TO ECCO MEM­BERS

The Star (St. Lucia) - - LOCAL -

The 6th An­nual Gen­eral Meet­ing of the Eastern Caribbean Col­lec­tive Or­gan­i­sa­tion for Mu­sic Rights (ECCO) Inc. was held on Tues­day 18th Au­gust, 2015 at the CSA Cen­tre in Castries. Whilst the meet­ing was held in St. Lu­cia, mem­bers out­side that ter­ri­tory were able to par­tic­i­pate by online con­fer­enc­ing tech­nol­ogy.

Some key achieve­ments noted in the Chair­man’s Re­port: • Achieved a 12% growth in roy­alty col­lec­tion (con­tin­u­ing with the feat of achiev­ing growth in each year since ECCO was es­tab­lished in 2009); roy­al­ties again top­ping the mil­lion dol­lar mark at $1,185,346; • Now li­cens­ing in each ac­tive ter­ri­tory in­clud­ing Saint Lu­cia, Do­minica, Gre­nada, An­tigua, St. Kitts & Ne­vis and St. Vin­cent and the Gre­nadines; • Signed new agree­ments with lead­ing ca­ble op­er­a­tors in two ECCO ter­ri­to­ries (LIME in Saint Lu­cia and SAT in Do­minica (Now Dig­i­cel Play); • Cre­ated an online pres­ence through the ECCO Web­site, FB, Twit­ter and In­sta­gram; • In col­lab­o­ra­tion with COSCAP and the OECS sec­re­tar­iat, was able to ini­ti­ate the Ca­lypso in Ber­lin pro­ject en­abling ECCO mem­bers to per­form and par­tic­i­pate in work­shops in Ber­lin, Ger­many

ECCO mem­bers ap­proved three key res­o­lu­tions at the AGM: to fa­cil­i­tate mem­ber­ship for per­sons un­der the age of 18; in­tro­duc­tion of stag­gered ro­ta­tion of Di­rec­tors to im­prove the busi­ness of the Board; and in­tro­duc­tion of a pol­icy whereby an ECCO Di­rec­tor can­not also be an of­fi­cer of the or­gan­i­sa­tion.

Com­ment­ing on the 28% in­crease in roy­al­ties to mem­bers as stated in the 2014 Fi­nan­cial State­ments, ECCO GM Steve Eti­enne said, “We have to ac­knowl­edge and thank three key li­censees for mak­ing this pos­si­ble: the San­dals chain of Ho­tels, LIME (for its ca­ble ser­vice in Saint Lu­cia) and the Wave (Saint Lu­cia’s lead­ing ra­dio sta­tion). Rev­enue from these eth­i­cally man­aged cor­po­rates con­tin­ues to be above the lev­els of other mu­sic users, a po­si­tion con­sis­tently main­tained for over a decade.”

GM of ECCO, Steve Eti­enne.

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