IPRS Tops INR 3000 Million Income For The First Time.
The Financial Year 21-22 has been a watershed year in the history of the IPRS with its earnings recording a growth of around 85% from INR 1698 Million (USD 23 Million) in FY 20-21 to INR 3100+ Million (USD 41+ Million) in FY 21-22.
Read More: https://www.cisac.org/Newsroom/society-news/iprs-tops-inr-3000-million-income-first-time
Indian music industry’s boomtime: Digital sales, streaming and artiste royalties soar
The Indian Performing Right Society Ltd (IPRS), which represents music composers, lyricists and publishers, is singing all the way to the bank.
Section 63 Copyright Act – Copyright Infringement Is A Cognizable & Non Bailable Offence: Supreme Court
The Supreme Court held that the offence of copyright infringement under Section 63 of the Copyright Act is a cognizable and non ¬bailable offence. If the offence is punishable with imprisonment for three years and onwards but not more than seven years the offence is a cognizable offence, the bench comprising Justices MR Shah and BV Nagarathna observed.
‘Praise isn’t enough, pay royalties’: Rakesh Nigam, CEO of IPRS
In the last decade the consumption of music has grown over ten times. The monetisation has not gone up by that rate. For this reason, the Indian Performing Right Society Limited (IPRS) launched the ‘Learn and Earn’ initiative. The initiative is planned to bring the community of music artists together to create awareness of music copyright and licensing while helping the community to upskill through knowledge and know-how.
CISAC releases its 2022 Annual Report
Growing digital royalties and stronger laws protecting creators’ rights top the list of priorities. CISAC has published its 2022 Annual Report, outlining its work supporting the world’s largest network of authors societies. CISAC’s members comprise 228- authors societies who together manage the rights of over 4 million creators from the music, audiovisual, visual arts, drama, and literature repertoires.
The Report is available to download here.
Licence must for playing sound recordings at weddings: Punjab and Haryana High Court
Nearly three years after the Registrar of Copyrights came out with a public notice stating that licence was not required for playing sound recordings in social functions during a wedding, the Punjab and Haryana High Court has quashed the same.
How the West was won
a brief history of how South Asian music went international.
