They made some pronouncements on the COSON Vs BON/IBAN Controversy on Page 55 of The Guardian Newspaper Today (Thursday, January 9, 2013)
According to the pronouncements:
- BON & IBAN recognize that they are to pay artistes royalties,
- so they are obliged to keep adequate logs of all musical works broadcast by them and make sure they are made available upon request by relevant authorities
- All payments of musical copyright royalties shall be made to COSON
- A joint committee of NBC, NCC, COSON, BON/IBAN will be se up to review all royalty tariffs and ensure they are fair, reasonable and according to standards
- 90 days after the issuance of these pronouncements, the committee set up above will conclude its assignment and the tariff they agree on will be binding on all.
- To ensure a conducive atmosphere for this committee to do a good job, the ban on Nigerian artistes should be suspended.
- NBC will monitor compliance to the agreements reached as contained in these pronouncements.
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