Viscopy and Copyright Agency merge (kind of)
Under the arrangement, Copyright Agency will manage Viscopy’s business, including its services to members and licensees. Viscopy’s staff have joined Copyright Agency’s team, to assist with a smooth transition of the Viscopy business and to help manage Copyright Agency’s business. Viscopy will remain a separate entity with members and a board.
Significant benefits of the agreement include: reducing administrative costs to visual artists under statutory licences; expanding Copyright Agency and Viscopy repertoires, which will increase blanket licensing coverage and payments for all members; new licensing revenue streams for visual artists; high-quality information and training to visual artists; principal policy advocacy for authors and artists in international and local policy making.
The agreement will be reviewed by both organisations after three years.