Makwa Laments Millions In Unclaimed Royalties At SAMRO. Makwa has made a surprising revelation about his financial standing with the South African Music Rights Organisation (SAMRO).
In a recent post on X, the renowned rapper and producer revealed that he is facing challenges in purchasing new studio equipment despite having millions of unclaimed royalties at Samro. “I have millions at samro just chilling nje 😂🤣 that time I need new studio equipment,” Makwa said.
The South African Music Rights Organisation plays a crucial role in protecting and promoting the interests of local musicians. As a collective management organisation, SAMRO is mandated to collect royalties generated from the public performance and broadcasting of music and distribute these funds to its members, the composers and publishers of such music.
Even though artists like Makwa might have not received a fair share of their royalties. The relationship between SAMRO and artists is symbiotic. SAMRO plays a crucial role in guaranteeing that artists receive appropriate compensation for their commercial use of creative work.
This income is essential for the music industry’s longevity, supporting artists in their ongoing creation and production of new music. As artists benefit from SAMRO’s collective negotiating strength, the organization is empowered to secure more advantageous agreements for its members.
