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What is Korea Music Copyright Association mean?
The Korea Music Copyright Association (KOMCA) is a South Korean non-profit copyright collective for musical works, administering public performance and broadcasting rights, and mechanical recording and reproduction rights. Founded in 1964, it is the second collective rights management organization for musical works in Asia, after JASRAC in Japan. It is also one of the largest in Asia, with over 20,000 members. In 2015, it collected ₩143 billion (US$123 million) in licensing fees and distributed ₩137 billion (US$118 million) in royalties to its members.
Copyright owners—including authors, composers, arrangers, and music publishers—can join KOMCA as associate members. Associate members who have "engaged in substantial musical creation" are promoted to full members by the board of directors. These members can attend and vote at the annual general meeting and can be elected to the board of directors. The board consists of 21 members, elected to three-year terms of office.
referencePosted on 08 Oct 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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