The Copyright Society of Composers, Authors and Publishers, (COSCAP), in Barbados reports a significant decline in its revenues caused by the COVID-19 pandemic.
CEO, Erica Smith tells Starcom Network News that the organization’s only revenue comes from licensing and a large portion of that comes from events, hotels, and bars which were directly affected.
Ms. Smith explains that despite the challenge they have been able to make payments to their members totalling half a million dollars.