Once again the neighbouiring rights’ market is at the center of
Nuovo IMAIE, brought proceedings against Itsright and SCF trying to
block the effects of the first agreement signed in application of the
provisions of the Liberalization’s Law.
ITSRIGHT has always stressed the need to modernize the system of
representation of performers rights in Italy, in the name of liberalization, in
compliance with European best practices.
All thesis regarding the monopolistic management of neighbouring rights
were finally overcome by the Law nr. 27/2012 and its implementing decree,
issued by the Italian Government to define the requirements for those who want
to operate in this market.
ITSRIGHT was the first company joining the Government’s list of
organization entitled to operate in the Italian neighbouring rights’ market,
according to the new legislation.
The agreement signed in recent days by ITSRIGHT with SCF (record
producers), represents the commitment of the market’s operators to implement what
is required clearly by law.
The agreement defines times, ways and procedures
for the distribution to performers of the amount collected by SCF from 2012
onwards (currently about 20 million euro).
Now with the dispute promoted by Nuovo IMAIE the neighbouring rights’
market risks paralysis. Nuovo IMAIE’s action
is merely the latest attempt to defend a
monopoly position which is now indefensible. All this at the expense of the