Establishments will have to pay up to 2% of their monthly income for playing and using music.
"The fee would be charged in several increasing steps, reaching 2% in five years", reports Elfinancierocr.com. "This imposition is based on the Author's Rights Law and other international treaties that Costa Rica signed since the 1980's".
Source: elfinancierocr.com
More on this topic
September 2011
Out of control piracy and the growth of Internet use, are literally killing traditional stores where CD's, DVD's, movies and video games used to be bought.
In an article about the stark reality prevalent in El Salvador, Karla Argueta examines the changes taking place in the music and entertainment industry, providing analysis that can be extrapolated to apply throughout Central America.
May 2011
The marketing of digital products via mobile phones is gaining strength in the country.
The Panamanian music industry is cashing in on the existing cellular network in the country through which they selling their products in digital format.
The business of digital music sales is taking hold throughout the Central American region, where major labels have catalogs of music available to mobile users who can purchase songs or entire albums on their phones.
March 2010
The Legislative Assembly of Costa Rica passed modifications to intellectual property laws.
Specifically, they modified article 2 of the Intellectual Property Law, and article 8 of the Intellectual Property Observance Law.
This concludes the implementation agenda of the Free Trade Agreement between the United States and Central America.
September 2010
The Salvadoran Association of Intellectual Property began a program to encourage registration of patents.
Elsalvador.com reports that Danilo Rodríguez Villamil, the association president, said that patents are a system to protect inventors. "Colleges, Institutions and government should coordinate efforts."
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