KAMP Issues Kshs.17 Million 2024 Royalty to Its Members
The Kenya Association of Music Producers (KAMP), representing sound recording producers’ rights, has distributed Kshs.17,128,000 for Quarter One (1) of 2024, approved during a special general meeting in Nairobi.
The distribution comprises a hybrid form, with Kshs. 9.075 million allocated as general distribution to all members and Kshs. 8.05 million as scientific distribution.
Chairperson Angela Ndambuki, speaking at the meeting, stated that the distributed amounts represent 61.59% of the CMO’s income before receivables, which would increase to 74.61% when considering receivables.
She emphasized the efficiency of KAMP, noting that despite receiving the lowest revenue share at 21.12%, it remains the most efficiently run CMO in Kenya.
Ndambuki highlighted KAMP’s lobbying efforts to become the sole CMO administering all rights in the creative economy, as proposed in amendments to the Copyright Act.
The meeting approved amendments to the KAMP memorandum and articles of association to ensure compliance with the law, including adopting a new name anticipating the entity’s role as the overall CMO.
Acknowledging the possibility of KAMP’s dissolution, Ndambuki stated the board’s agreement with the merger of various CMOs to reduce costs and increase royalty distribution.
KAMP has applied for an extension of its collection license until May 2024, with the next major distribution scheduled for October 2024, focusing on Broadcast royalties and distributed 100% scientifically according to KAMP’s calendar.