Javed Akhtar distributes Rs 13 crore worth TV synchronisation royalty to musicians

April 23:As the chairperson of Indian Performing Rights Society (IPRS), veteran lyricist-screenwriter Javed Akhtar today distributed among 2800 music composers and writers Rs 13 crore synchronisation royalty, which is paid by various companies to the artistes when their film songs are used in advertisements, videos or other movies.
These musicians, who have received the royalty, are members of IPRS, and the amount is paid to them by Phonographic Performance Limited (PPL) on behalf of Saregama, Sony Music, Tips, Universal Music, Venus and Aditya Music.
Indian Performing Rights Society (IPRS), the 48-year-old copyright royalty collection body, is an officially registered copyright society for musical works and associated literary works in India.
It isn't a mechanical royalty, which comes during radio or streaming (platforms), but a 'synchronisation' royalty you get when your film's songs are used in ads, videos or other films.
Interacting with the mediapersons at the event, Akhtar said, "This collective amount is by these companies for the last six years. Now, we have distributed this Rs 13 crore among our members. Members with less than 10 songs will get Rs 10,000. Members with more than 10 songs will get Rs 53,000 equally."
Akhtar also mentioned IPRS is in talks with a few companies like YRF Music and T-Series, which are yet to associate with the royalty collection body. The writer said eventually these companies will have to join IPRS because the law says so.
"There are some companies who haven't joined us, they will soon. These are big companies and we are in talks. It is the law of the country and they will have to abide. But we don't want to directly go to court or file case. T Series, YRF are not part of IPRS and we are talking to them. We will meet them. They are big people, good people. I don't think there will be any bitterness," he said.
Akhtar has been leading the battle since 2010 after attaining the position of the chairperson, for the rights of the members of IPRS. These artistes have complained time and again that they did not receive their due royalties from music companies. Some of them even filed official complaints, most noted among them is singer Shubha Mudgal, who filed an FIR against IPRS, PPL in 2010 citing the same reason.
Akhtar said Indian musicians, whose work travel across the world, deserve to be treated better.
"There have been fraudulent dealings in the name of IPRS. Sometimes, they don't pay and at times people dupe others by claiming they are from IPRS. We have to improve the royalty collection. We want to improve this system. Now royalty permission is online.
"File an application with details of the programme. Permission given on net and transaction on net too. There was a struggle, music companies pitched in, we did too and the law was such that we were secure. In 2012, we negotiated till 2018. It happened with the right spirit," Akhtar said. Agencies
Source: Agencies


  
  

Comments


No comments yet! Be the first one to leave a comment.


Add Comment

Name:
Email:
Comment:

More Entertainment News


Saheb Biwi Aur Gangster 3 movie review: The weakest link is Sanjay Dut ..


Geetha Govindam teaser: Vijay Deverakonda-Rashmika Mandanna's rom-com ..

- Mission: Impossible Fallout box office prediction: The Tom Cruise film will earn
- Expresso Season 2, Episode 6: Everybody is obsessed with working with younger le
- IIFA 2018: Anupam Kher to receive Lifetime Achievement Award
- Naagin 3 first impression: The Ekta Kapoor show will remind you of 80s fantasy-b
- Race 3: Salman Khan turns lyricist for song Selfish. Here's how
- Aamir Khan on his earlier films: I was constantly swimming against the tide
- Was Aditya Chopra's triumph with Dilwale Dulhania Le Jayenge just a stroke of lu
- Sonam Kapoor on changing her name after marriage: Anand has also changed his nam
- Manto early reviews: The Nawazuddin Siddiqui starrer opens to positive response
- Meghna Gulzar on Raazi's release in Pakistan: Cultural exchanges should not be d
- Cannes Film Festival 2018: Indian delegation to push Village Rockstars, Nagarkir
- Madhuri Dixit: I'm excited to work with Anil Kapoor and Sanjay Dutt again
- Dia Mirza on working in Sanju: I was terrified to be in front of the camera afte
- Richa Chadha on Ali Fazal: We are just two normal people in a relationship
- Fully support severe punishment to those who assault children: Anushka Sharma
- Total Dhamaal: Anil Kapoor, Madhuri Dixit to match steps on the remixed version
- Javed Akhtar distributes Rs 13 crore worth TV synchronisation royalty to musicia
- Deepika Padukone and Ranbir Kapoor turn heads at Mijwan Fashion Show 2018
- Screaming nepotism after Student of the Year 2 posters? It's a lost cause

Related News

Minorities budget release position disappointing
Vishwas NewsHyderabad, Nov 1: Govt. of Telangana allocated Rs. 1200 crore in its budget for the Dept. of Minorities Welfare. It re .. read more
Andhra CM poorer than two-year-old grandson
Amaravati, Dec 8:Andhra Pradesh Chief Minister N. Chandrababu Naidu is poorer than his two-year-old grandson. While the Telugu Des .. read more
Hyderabad blasts case: Yasin Bhatkal, 4 other IM operatives sentenced to death
Vishwas NewsHyderabad, Dec 19:Five senior operatives of banned terror outfit Indian Mujahideen were on Monday awarded death penalt .. read more
Alia Bhatt and Ranveer Singh go de-glam for Zoya Akhtar's Gully Boy
Jan 16:On Sunday morning Alia Bhatt and Ranveer Singh informed their fans about starting the shoot of Gully Boy, their first film .. read more
I feel very protective about Ranveer: Anushka Sharma
New Delhi, June 2: Anushka Sharma, who will be seen opposite Ranveer Singh after a long time in Dil Dhadakne Do, feels protective .. read more

More Related News

- Irrigation Dept Chief Engineer in ACB net
- Hyderabad: Gold worth Rs. 2700 crore purchased in 22 days
- Telangana: Rs 100 cr under MPLADS likely
- Dattatreya hails TADA court verdict
- NTPC-Ramagundam distributes Merit Scholarship among 161 students
- Sayed family's huge wealth declaration puzzles IT
- Income-Tax department unearths undisclosed income of Rs 7,961 cr
- Deepika Padukone and Ranbir Kapoor turn heads at Mijwan Fashion Show 2018
- Articles worth Rs 2 crore seized at Kolkata airport
- Telangana tops in investment growth

More Latest News:

- Musi clean-up gains pace
- TS issues guidelines for implementing Economic Support Schemes
- Telangana will protect sericulture farmers, says Etela Rajender
- Global meet on blockchain in Hyderabad
- 200 check dams coming up in Telangana
- Fighting rain, flood for Medigadda dream
- Break silos, make government seamless for people: President Kovind to newly recruited IAS officers
- PM Narendra Modi wishes former Tamil Nadu CM Karunanidhi speedy recovery
- Ahmedabad 2008 serial blasts accused gets bail
- Congress leader Jairam writes to NMML director over confusion for museum approval
- PNB scam: Fugitive jeweller Mehul Choksi says he took Antigua citizenship last year to expand business
- Eye test can now detect early signs of dementia, says study
- India vs Essex Practice Match: India's frontmen dazzle, sidekicks falter
- Hopeful to be part of England squad in World Cup 2022, says Phil Foden
- Twenty young boys and girls to represent India at Junior NBA World Championship
- Mission: Impossible Fallout box office prediction: The Tom Cruise film will earn Rs 10 crore on Day 1
- Saheb Biwi Aur Gangster 3 movie review: The weakest link is Sanjay Dutt's gangster
- Saudi Arabia joins global pledge to protect disabled rights
- Iran's Revolutionary Guards' chief warns Trump: 'If you begin the war, we will end it'
- Houthis accused of threatening world's electricity supplies
- Youth, woman held for murder
- Rahul Gandhi congratulates ragpicker's son for cracking AIIMS entrance test
- Cows are safer than women in the country, says Shiv Sena chief Uddhav Thackeray
- Bihar clears new liquor bill, CM Nitish says prohibition for betterment of poor
- 'Do not stop writing': Kerala CM Pinarayi Vijayan backs writer Hareesh over novel controversy
This page was created in 0.0279438495636 seconds