Composers who are members of SAMRO should have recieved an email that explains SAMRO's intentions regarding the conversion of the company to a Co-operative.
Members will recall that SAMRO held an extraordinary meeting where a vote was taken - should SAMRO become a For-profit or Non-profit company in terms of the new SA Companies Act. There was unfortunately no majority vote so SAMRO became (by default) a Non-profit company.
Since then, it seems that the SAMRO Board and management have taken legal advice and now suggest that because of problems related to being a Non-profit company, there should now be a conversion to a co-operative.
In addition to the email and attached documents, SAMRO has posted some videos on their Youtube channel, which may help members to understand this difficult topic.
CASA will comment and assist composers at a later stage, after consulting with SAMRO. Please watch this blog and our forums.
Download the documents:
Annexure A - Explanation of the Co-op option
Annexure B - Outline of key features
Annexure C - Salient features of the new Constitution
Annexure D - Draft Constitution