Friday, May 11, 2012

Intellectual property — Intangible assets with immense value - Business - JamaicaObserver.com

Intellectual property — Intangible assets with immense value - Business - JamaicaObserver.com: ""THE activities in which a country is most creative and hence, most capable of developing new domestic capital and the skills to use it are ultimately those that offer the best opportunities for exploiting available externalities and developing its distinct comparative advantage" — Jamaican Copyright Study, 2007.

Though artistes "take the spotlight", they do not typically benefit from the royalties generated by their public performances (for example, when their music is played on the radio, or TV. In fact, it is the songwriters and publishers who profit from such Performance Royalties. In addition, this group also earns Mechanical Royalties derived from recorded sales as well as Synchronisation Royalties based on negotiated fees collected up front for the use of their songs in video games, films etc. It is this "hidden potential" that exists within the Caribbean that start-up Company C2W Music Ltd proposes to harness via the Jamaica Stock Exchange (JSE) Junior Market."

'via Blog this'

No comments:

Post a Comment

Featured Post

Dawgen Global Firm Profile

Dawgen Global is an integrated multidisciplinary professional service firm We are integrated as one firm and provide several profession...