LAGOS: THE Copyright Society of Nigeria (COSON) has over the past five years defied early challenges to become the country’s most influential organization in the creative sector, an official said. In May 2015, COSON will be celebrating the fifth anniversary of its approval by the government of the Federal Republic of Nigeria as the nation’s sole collective management organization for musical works and sound recordings.
“Despite the initial challenges, COSON has grown to become Nigeria’s most powerful organization in the creative sector with a management style and structure that most blue chip organizations envy,” said COSON General Manager, Chinedu Chukwuji.
“We have distributed royalties every year since our approval. With reciprocal representation agreements covering about 130 collective management organizations across the world, we have spread our tentacles beyond what anyone could have imagined four and half years ago. Without one kobo received from the government, I am happy to say that COSON is financially and organizationally very stable. Every COSON member is important to the society; we observe every rule in the book and our internal democracy is second to none.”
He said the organisation was committed to paying players in the industry their dues. “At COSON, whatever money belongs to you, you will get to you ultimately. We do not joke at all about transparency and accountability.”
Chukwuji was confident of the organisation’s growth this year. “We have strategized on ways to hit those results that will make our members happy. The Chairman has also made it clear that COSON must continue to operate at the cutting edge of technology and the most modern management principles and practices. As a result, all the departments have been primed to ensure the wide collection of information and statistics that would boost their databases as COSON will not make decisions based on guess work.”
SOURCE: CAJ NEWS AGENCY