Collection of music copyright fees growing
Copyright fees collected overseas for the use of Vietnamese music increased from nearly VND2 billion (US$87,000) in 2019 to more than VND3.6 billion last year.
The rise is the result of efforts to promote bilateral cooperation with foreign copyright protection organisations, Dinh Trung Can, Director of the Vietnam Centre for the Protection of Music Copyright, said on January 13.
The centre has so far signed agreements with 81 collective management organisations (CMOs), about 10% more than a year ago.
Such bilateral cooperation, he said, has helped protect and promote Vietnamese music overseas as well as foreign music in Vietnam.
Despite proceeds from performances falling due to the impact of the COVID-19 pandemic, total fees still exceeded VND150 billion, up 12% year-on-year.
The centre paid about VND107.5 billion to songwriters, he said, adding that an additional VND36 billion will be given to them in January. It has focused on protecting copyrighted works online and applying measures from Industry 4.0 and leading software.
The centre has successfully negotiated deals with Google, YouTube, Facebook, Apple, TikTok, Spotify, Moov, and Star Maker to closely monitor as much of cyber space as possible.
It will continue to cooperate with local management agencies to raise awareness about copyright protection, step up the use of technology, and provide legal advice to members, he said.