Striving to collect 500 billion VND in music royalties by 2025

This is the information shared by musician Dinh Trung Can - Director of VCPMC with the press on May 13, when discussing the Center's activities in the first months of 2025. Also according to musician Dinh Trung Can, in the first quarter of 2025, the Center distributed about 85 billion VND in music royalties to authors who are members of VCPMC, in which, the musician received the most music royalties, more than 1 billion VND.

Musician Dinh Trung Can - Director of VCPMC shared a lot of information about music copyright protection for the Center's members.

Affirming that the Center has maintained its revenue according to the set targets, the Director of VCPMC also commented that the units using background music have been more aware of asking for permission from the right owners. However, some performance organizers still avoid and have not voluntarily agreed to pay royalties. Many units using works in the online field still try to avoid and do not cooperate. The Center has increased the handling of violations, accelerated lawsuits to handle infringement and claim compensation for damages in the fields of performance, broadcasting, communication and especially in the field of online copying due to many Youtube channels infringing copyright...

The Director of VCPMC also said that by May 2025, 6,720 authors had authorized the Center to collect music copyright fees, an increase of 400 people compared to the same period in 2024. The number of young authors authorizing the Center is increasing. This shows that more and more musicians trust the Center to entrust their works. VCPMC is also making many efforts to protect the best interests of its members.

Mr. Can revealed that currently, the Center collects 20% of the total royalties collected, with authors receiving 80%. However, the Center is trying to reduce the rate for the Center to 17-18% in the near future in order to pay the maximum benefits to authors...

Musician Dinh Trung Can and many veteran musicians spoke with the press on May 13 in Hanoi .

The Director of VCPMC also said that the Center is trying to increase the total revenue from music copyright in 2025 to 500 billion VND, and at the same time, there are very specific adjustments to achieve this goal. Currently, the main source of revenue is online. The Center also determined that there is still a lot of room in cyberspace. Promoting the application of technology, including AI - Artificial Intelligence is identified as a common trend. Currently, many countries have proposed to consider and apply copyright collection. The reason is that AI requires a data warehouse and data does not come naturally. However, to collect copyright, there must be specific legal regulations. VCPMC has also actively prepared both technology and human resources, so that when the Law allows it, it can be implemented immediately. Specifically, the Center has opened AI training courses for the Center's branches in Ho Chi Minh City and Hanoi. After general training, there will be separate training for each department...

Source: https://cand.com.vn/Chuyen-dong-van-hoa/phan-dau-thu-500-ty-dong-tien-ban-quyen-am-nhac-trong-nam-2025-i768241/