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Authors will receive royalties from streaming music platforms

By Orpan - 18/07/2018
Authors will receive royalties from streaming music platforms

After a five-year negotiation carried out by authors' societies from Latin America and the Caribbean came to an end, Bolivian artists will finally begin to receive copyright royalties from streaming music platforms, informed newspaper El Deber. Copyrights payment for Bolivian authors and composers will start from October and will be done through Latin Author, an organization formed by the directors of all collective societies of Latin America and the Caribbean.

“Neighbor countries with large musical industries such as Argentina, Brazil and Chile are already receiving their royalties," said Geoffrey Baldivieso, general director of the Bolivian Society of Authors and Music Composers (Sobodaycom Bolivia). "Platforms such as Spotify, iTunes and Deezer, among others, are already fulfilling the payment of copyrights there and soon they will do it in Bolivia”, he added. 

Copyright royalties for Bolivian artists will depend on the amount of downloads their songs have in each streaming music platform. The payment will be sent to Latin Author and then to Sobodaycom, who will determine the amount to be received by each artist according to their degree of authorship over the song.

By Orpan - 18/07/2018
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ORPAN was established in 1955 by brothers Joaquin Soruco (1908 – 1984) and Gonzalo Soruco (1910 – 1994). It was one of the first specialized law firms in patent and trademark matters in Bolivia.

The daughter of co-founder Joaquín Soruco, Mrs. Pilar Soruco, took over the direction of ORPAN in 1986.

At present, Mrs. Soruco is the main partner of ORPAN, working with a specialized team of more than 20 attorneys, assistants and paralegals. Among them is Mr. Wolfgang Ohnes, who previously was National Director of the Bolivian Patent and Trademarks Office and practitioner in the private sector since year 2000 in local and regional IP law firms.