Javed Akhtar brings music fraternity together to
create brand new IPRS
ET Bureau | Updated: Dec 21, 2017, 01.08 PM IST
After a long acrimonious battle involving allegations,
copyright issues from both sides and courtroom dramas over several years, all
the music composers, the fraternity of lyricists and music companies have
settled amicably with each other and come together as one music industry.
This has resulted in IPRS (Indian Performing Rights Society — the 48-year-old copyright royalty collection body) getting its official registration as a copyright society back from the Government recently. It is now the only official and functional copyright society for Musical Works and associated Literary Works in India (for collecting royalties of underlying musical and literary works).
This has resulted in IPRS (Indian Performing Rights Society — the 48-year-old copyright royalty collection body) getting its official registration as a copyright society back from the Government recently. It is now the only official and functional copyright society for Musical Works and associated Literary Works in India (for collecting royalties of underlying musical and literary works).
The IPRS, originally formed in 1969, represents a majority of Indian music composers, lyricists and music companies. IPRS as a copyright society is authorised and mandated to licence copyrights in underlying musical and literary works, in songs / background music for broadcast (TV & radio), hotels, bars, clubs, events, establishments and digital music streaming services, effectively wherever music is played or sold, whether physically or digitally.
(Standing L-R) Mayur Puri (lyricist), Preeti Mamgein
(lyricist & President FWA), Himesh Reshammiya (composer), Kausar Munir
(lyricist), Ankit Tiwari (composer), Raju Singh (composer), Panchi (lyricist),
Manmeet (composer), Jigar Saraiya (composer), Viju Shah (composer), Suleman
(composer), Kumar Taurani (Managing Director - Tips) , Kumaar (lyricist),
Sahithi (lyricist), Clinton (composer), Zama Habib (lyricist FWA), Anupam Roy
(composer), Rakesh Nigam (CEO IPRS), Mandar Thakur (Times
Music), Ganesh Jain (Venus)
(Seated L-R) – Nawaz Arzoo (lyricist), Sajid (composer), Salim (composer), Wajid (composer), Milind (composer), Shankar (composer), Anandji (composer), Vikram Mehra (CEO - Saregama ), Javed Akhtar (lyricist & IPRS Chairman), Shreedhar (Sony), Loy (composer), Sharang Dev (composer)
(Seated L-R) – Nawaz Arzoo (lyricist), Sajid (composer), Salim (composer), Wajid (composer), Milind (composer), Shankar (composer), Anandji (composer), Vikram Mehra (CEO - Saregama ), Javed Akhtar (lyricist & IPRS Chairman), Shreedhar (Sony), Loy (composer), Sharang Dev (composer)
The new IPRS board is chaired by none other than
the legendary lyricist, Javed Akhtar. This is what the key players had to say
about the new development:
“Now that all the members are pulling in the same
direction, we have the ambition to transform IPRS into a worldclass society. We
intend to make licensing easy and transparent for all the users, bring speed
and accuracy to the flow of royalties, and generally make IPRS a potent force
for Indian culture.”
— VIKRAM MEHRA, MD&CEO, Saregama and IPRS board member
— VIKRAM MEHRA, MD&CEO, Saregama and IPRS board member
“The reconciliation of art and business
is a major landmark. It will help create a more vibrant, confident and creative
music industry, one that will carry Indian culture to global audiences. An
efficient and transparent Copyright Society, now that we have put our
differences behind us, will be a major source of income for lyricists and
composers — most of whom depend on royalties for their livelihood, or as their
pension plan. And I also believe it will offer a better return on investment to the music publishers.
— SHUBHA MUDGAL, composer and artiste
“Finally, we get the feeling that the IPRS is a
body for the artistes by the artistes! I think the time has come when we all
will work with each other and a great cooperation is developing amongst authors
and publishers. The value of royalty will become clearer in the minds of music
lovers.”
— SHANKAR MAHADEVAN, music composer and artiste
— SHANKAR MAHADEVAN, music composer and artiste
“With the new constitution and a new governing
board, IPRS is entering a new era. This era will not be of confrontation but of
cooperation between the authors and the publishers. I see an extremely
prosperous future for everyone.”
— JAVED AKHTAR, lyricist and IPRS Chairman
— JAVED AKHTAR, lyricist and IPRS Chairman
The IPRS meeting was attended by members of the
music fraternity.
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