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COTT’s Role within Music IP
Landscape
Josh Rudder
Chief Executive Officer, COTT
Vice Chairman, Management Committee - Association of
Caribbean Copyright Societies (ACCS)
Our Organisation
• Established in 1984 (30 years)
• Performing rights & mechanical rights society
• Over 3,000 local members representing T&T’s
most prolific music creators and publishers
• 3 million authors and composers and in excess of
80 million musical works via our international
reciprocal agreements
• COTT is a member of the International
Confederation of Societies of Authors and
Composers (CISAC).
Association of Caribbean Copyright
Societies (ACCS)
• Communication link between Caribbean
Copyright societies facilitating regional
integration and concentrated efforts in one
common direction
• Centralized Database
• Vericast Monitoring System - BMAT
• Harmonization of practices (Governance,
Licensing & Distribution)
• Pan Regional Licensing (DSPs)
Revenue Streams
• Live Events – (Carnival)
• Live Events – (Concerts, etc.)
• Establishments / Premises
• Broadcasters
• Cable Operators
• Synchronization
• Foreign Incoming Royalties (Bi-Lateral
Agreements)
• Digital (Streaming, Downloads)
Distributable Income (2013 – 2015)
• 2013 - $9.06M
• 2014 - $9.85M
• 2015 - $9.75M *unaudited
Areas of Potential Income Growth
• Radio / Broadcasters
• Cable
• Digital
• Concerts and Events
Dilemma Facing Music Industry
• Disregard for Intellectual Property Rights
(Major users)
• Law Enforcement
• Multiple organisations operating in the same
environment / market
• Technological Shift – Digital Media
• Value / Lifespan of a music catalogue -
Publishing
• Lack of IP Awareness
Dilemma Facing Music Industry
(cont’d)
• Local Content & Airplay
• Fair Value of Music / Rates
• Understanding the values Music IP plays in the
the Creative Industries.
The Way Forward
1. Valuing Local Content and Creating Avenues
for music exploitation to create revenue.
(Infrastructure / Spaces, Carnival, Music
Export vehicles)
2. Music Publishing
3. Digital Revenue
4. Role of Corporate T&T
5. Method of Defragmenting the Industry
Thank You

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COTT’s Role within Music IP Landscape

  • 1. COTT’s Role within Music IP Landscape Josh Rudder Chief Executive Officer, COTT Vice Chairman, Management Committee - Association of Caribbean Copyright Societies (ACCS)
  • 2.
  • 3. Our Organisation • Established in 1984 (30 years) • Performing rights & mechanical rights society • Over 3,000 local members representing T&T’s most prolific music creators and publishers • 3 million authors and composers and in excess of 80 million musical works via our international reciprocal agreements • COTT is a member of the International Confederation of Societies of Authors and Composers (CISAC).
  • 4. Association of Caribbean Copyright Societies (ACCS) • Communication link between Caribbean Copyright societies facilitating regional integration and concentrated efforts in one common direction • Centralized Database • Vericast Monitoring System - BMAT • Harmonization of practices (Governance, Licensing & Distribution) • Pan Regional Licensing (DSPs)
  • 5. Revenue Streams • Live Events – (Carnival) • Live Events – (Concerts, etc.) • Establishments / Premises • Broadcasters • Cable Operators • Synchronization • Foreign Incoming Royalties (Bi-Lateral Agreements) • Digital (Streaming, Downloads)
  • 6. Distributable Income (2013 – 2015) • 2013 - $9.06M • 2014 - $9.85M • 2015 - $9.75M *unaudited
  • 7. Areas of Potential Income Growth • Radio / Broadcasters • Cable • Digital • Concerts and Events
  • 8. Dilemma Facing Music Industry • Disregard for Intellectual Property Rights (Major users) • Law Enforcement • Multiple organisations operating in the same environment / market • Technological Shift – Digital Media • Value / Lifespan of a music catalogue - Publishing • Lack of IP Awareness
  • 9. Dilemma Facing Music Industry (cont’d) • Local Content & Airplay • Fair Value of Music / Rates • Understanding the values Music IP plays in the the Creative Industries.
  • 10. The Way Forward 1. Valuing Local Content and Creating Avenues for music exploitation to create revenue. (Infrastructure / Spaces, Carnival, Music Export vehicles) 2. Music Publishing 3. Digital Revenue 4. Role of Corporate T&T 5. Method of Defragmenting the Industry

Editor's Notes

  1. Determining Fair Rates: – Low rates - music creators do not get a fair returns for their efforts - High Rates – affect broadcasters ability to provide public with music.
  2. Determining Fair Rates: – Low rates - music creators do not get a fair returns for their efforts - High Rates – affect broadcasters ability to provide public with music.