The Society of Authors and Composers of Venezuela (SACVEN) is a private entity that collects and distributes copyrights generated by exploitation of musical, dramatic and music-dramatic works. Today, SACVEN manages proprietary rights of more than seven thousand national members and of two million foreign authors. There mission is to protect and defend musical copyright in Venezuela, through transparent mechanisms of collection, distribution and administration of the rights derived from the use of their works.ĘNoted achievements are contracts signed with main users in the country, such as subscription cable television companies, and radio broadcasting stations, through which larger economic benefits are assured for its members.
Music Publishing is the business of protecting and promoting song copyrights and collecting the royalties that these copyrights generate. Think of a song as intellectual property (it's an original piece of art!), and music publishing as the business that makes sure that songwriters get paid a fair compensation when their intellectual property is used by companies. Those companies could be record labels (mechanical royalties), radio stations, bars, and restaurants (performance royalties), or film studios and advertising agencies (sync license fees), and many more.