Kazakhstan’s Bold Plan to Overhaul Copyright Payments Sparks Backlash
Kazakhstan's Justice Ministry is pushing for a new digital platform, 'Yahoo Finance for Copyrights', to manage collective copyrights, aiming to increase transparency and fairness. However, the move faces resistance from some rights organizations and collective management entities who fear losing control over financial flows.
The new platform, once implemented, will track all broadcasted music, ensuring royalties are distributed fairly among authors, performers, and composers. Users like bars, cafés, and restaurants will have clear visibility into what they're paying for and how funds are allocated.
Opponents, however, are accused of protecting 'gray' financial schemes and under-the-table profits, according to Deputy Justice Minister Botagoz Zhakselekova. She revealed that collected funds are sometimes distributed among 'preferred' authors or affiliated entities, with some money siphoned off through subsidiary companies. Resistance to the reform comes from organizations unwilling to lose control over these opaque financial flows.
The new digital platform aims to eliminate cash transactions and ensure full transparency in financial operations. Despite resistance, the Justice Ministry remains committed to implementing the 'Yahoo Finance for Copyrights' platform, hoping to bring greater fairness and accountability to Kazakhstan's copyright management system.
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