The Airco board hereby announces its acceptance of the resignation of Mr. Eugene Mthethwa as it Chairperson with effect from 24 June 2008. Eugene will be concentrating on other engagements within the industry.

 

24 June 2008: The National Credit Act (NCA) was introduced to help prevent reckless lending and to address South Africa’s massive credit debt. Unfortunately, certain aspects of the NCA conflict with the way the Southern African Music Rights Organisation (SAMRO) applies its standards of practice and this is affecting the organisation`s Royalty Advance Payments process and the livelihood of some of its composers and authors.

The launch of Independents Day 08 has been announced - a global celebration of independent music that will take place during the Fourth Of July weekend.

 

A new appeal was lodged on Friday at the EC's Court of First Instance in Luxembourg, challenging the EC’s unconditional authorisation of the SonyBMG merger for a second time. IMPALA believes the Commission repeated many of the errors that it made before, despite the court’s judgement in IMPALA's favour in 2006.

Merlin, the Global Rights Body for Independent Music has grown to 8% Share of US Market. Its position is now equal to that of EMI Music, represents the biggest bundle of rights outside the four Major Labels

 

It’s T minus 37 days and plans are coming together for Independents Day 08 - the first ever global celebration of independent music, taking place over the 4th July weekend.

 

The South African Coalition for Cultural Diversity (SACCD) – on behalf of its constituent member organisations – wishes to express our collective horror at the events that have unfolded in Johannesburg – and elsewhere in the country - during the course of the past two weeks.

 

It is yet another year of celebrations among the proudly South African record companies, for having again scooped the most prestigious and priceless Award, “Best Selling Album of the Year.”