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The Eastern Caribbean Collective Organization for Music Rights (ECCO) Inc. wishes to advise its members of the delay in payment of royalties originally scheduled for the final quarter of 2017.

 

According to a statement issued by the organization the delay is as a result of several reconciliation actions which must be completed before any royalty disbursements can be made. It adds that the reality is that the process has been well established and cannot be bypassed.

 

This process, Ecco says is estimated to be completed by January 10th, 2018 following which payments can then be processed by the end of January 2018.

 

The organization stressed that this unfortunate occurrence is unavoidable at this time and the Board of Directors would like to assure all its members that measures are currently being implemented to ensure that this is never repeated.

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