Wednesday, October 21, 2015

Sign of Change in Music Rights Management in Japan

Monopolization on music rights management by JASRAC  (Japanese Society for Rights of Authors, Composers and Publishers) may end. JASRAC is the largest music copyright management society with 98% market share in Japan which manages copyright of more than three (3) million music, even after new entry has been admitted since 2001. However, AVEX Group has got off the drawing board.  AVEX Group has become the top shareholder both of e-License Inc. and JRC (Japan Rights Clearance) Inc. which are under integration, and started procedures to transfer their almost 100,000 music from JASRAC to e-License Inc.  Record companies and music distributors may receive better services under competition principle. 

It seems the Supreme court decision this April regarding JASRAC's copyright management agreement with broadcasting station on suspicion of violating antitrust laws encouraged this movement.

[Updated on December 27]
It was reported that AVEX's two copyright management companies will be integrated in February, 2016 to establish a new company NexTone.

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