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NEWS
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JASRAC to Reduce Administrative Expense Rate to be Applied for March 2021 Distribution

Japanese Society for Rights of Authors, Composers, and Publishers (JASRAC) will reduce, only for March 2021 distribution, the administrative expense rate relating to administrative expenses to be deducted when royalties of copyrighted works and other fees are distributed to right holders such as authors, composers, and music publishers.
According to JASRAC, when current revenue exceeds current expense, the balance shall be distributed to right holders as surplus in the following fiscal year, whereas in the event that there is the portion which is surely expected to yield surplus, the surplus shall be returned to the right holders as soon as possible.
Due to the COVID-19 pandemic, decrease in the current revenue is expected for the fiscal year 2020 (from April 2020 to March 2021). Correspondingly, the administrative expense rate to be applied for March 2021 distribution will be reduced.


https://www.musicman.co.jp/business/372428













































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