There are three key changes to keep in mind over the coming months:
Screenrights introduces new Competing Claim Resolution Procedures (CCRP)
As part of our commitment to simplifying the experience of resolving competing claims to the same royalties, we recently consulted with our members about a number of changes. These changes were based on ongoing review and member feedback. Full details of the changes and the extent of their adoption are available here and the full CCRP is available here.
We will be in touch directly or via MyScreenrights about any changes that specifically impact on your claim.
Key dates here.
Competing Claims Fund Year: What, When and How?
Last year we announced the introduction of the Competing Claims Fund (CCF) Year, which allows members an extra 12 months to resolve competing claims.
The new CCRP includes an option for temporary resolution in relation to currently available royalties from the CCF Year and/or final year of a Distribution Period – this year covering royalties from the 2014, 2015 and 2016 distribution years – without resolving the underlying Competing Claim.
In order for Screenrights to release royalties from the current CCF Year by 30 June, it is important that Members resolve competing claims by 15 June 2020. For any competing claims that remain unresolved, royalties will be forfeited and rolled into the next available Distribution Period.
Transition to a 4-Year Distribution Period
This year we make the transition to a 4-Year Distribution Period. Royalties from the 2014, 2015 and 2016 distribution years will close simultaneously on 30 June 2020.
A Distribution Period starts at the end of the financial year in which the royalties were generated. So, royalties from the 2014, 2015 and 2016 Distribution Periods relate to instances of copying, communication or retransmission of programs that occurred between 1 July 2013 and 30 June 2016.
Members will have until 30 April 2020 to ensure that registrations of your programs broadcast prior to July 2016 are in place and up to date in order to receive royalties due from the closing distribution years.
Get in touch if you’re in doubt about what you’ve registered.
Any questions, don’t hesitate to contact us at email@example.com.