Nearly 1.6 million USD in music royalties collected in Q2

Chia sẻ
(VOVWORLD) - The Vietnam Centre for Protection of Music Copyright (VCPMC) has received nearly 37 billion VND (1.6 million USD) in royalties in the second quarter of this year. 
Nearly 1.6 million USD in music royalties collected in Q2 - ảnh 1Illustrative image (Photo: VNA)

New technology in online operations has enabled the center to mitigate loss while maintaining year-on-year growth despite COVID-19.

As the only representative and member of the International Confederation of Societies of Authors and Composers, the center has signed bilateral deals with 76 collective management organisations and publishers, which are applied in 116 countries and territories worldwide.

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