Thursday, August 5, 2021
ADVT 
Bollywood

IPRS Distributes Royalty Of Over Rs 20 Crore

Darpan News Desk IANS, 04 Apr, 2019 09:10 PM

    Mumbai-based Indian Performing Right Society Limited (IPRS) on Thursday distributed royalty of more than Rs 20 crore to composers, song writers and publishers.


    The IPRS is a representative body of owners of music -- the composers, lyricists, authors and the publishers of music.


    Veteran lyricist and chairman of IPRS Javed Akhtar distributed the money to its member authors, composers and publishers, read a statement.


    The IPRS also distributed royalties to music composers and legends like Pandit Shiv Kumar Sharma and Pandit Hariprasad Chaurasia, both of whom were instrumental in the amendment of the Copyright Act along with Akhtar in 2012.


    Akhtar said: "I am very glad that IPRS is beginning to benefit our classical music artistes who epitomise our great music tradition. IPRS revenues have seen a significant increase in the year ended March 31, 2019, which is a result of the expanded rights mandate vested with IPRS and importantly its democratic constitution which allows all stakeholder non-discriminatory treatment, equal representation and a voice in the administration of IPRS.


    "The revamped IPRS is now benefiting its author, composer and publisher members economically. This royalty distribution event is a very optimistic sign that IPRS, which comprises of its author and composer members and music label colleagues, are all committed in their effort to ensure that IPRS as a representative body of all stakeholders acts in a non-discriminatory and transparent manner both in the interests of all stakeholders as well as that of potential licensees."


    In 2017, the IPRS underwent a major revamp to ensure compliance with the Copyright Act, 1957. The act was amended in 2012 providing a new regulatory structure for Copyright Societies under the Copyright Act.

    MORE Bollywood ARTICLES

    Jacqueline Fernandez awarded Woman of Substance and Style at Filmfare 2019

    The actress is a fashionista and can pull off any look from Indian ethnic lehnga, saree to a gown

    Jacqueline Fernandez awarded Woman of Substance and Style at Filmfare 2019

    Irrfan Khan Reveals His Comeback To B-Town With Emotional Note: ‘Your Love Soothed Me In Healing’

    Celebrities like Swara Bhasker, Hansal Mehta, Guneet Monga and Randeep Hooda among many others welcomed Irrfan.

    Irrfan Khan Reveals His Comeback To B-Town With Emotional Note: ‘Your Love Soothed Me In Healing’

    Filmmaker Karan Johar Takes Another Shot At Kangana Ranaut

    Kangana had infamously called Karan a flag-bearer of nepotism in Bollywood, sparking a debate that has stretched out for long.

    Filmmaker Karan Johar Takes Another Shot At Kangana Ranaut

    ‘Kalank’ Trailer: Alia Bhatt Marries Aditya Roy Kapur And Falls In Love With Varun Dhawan

    ‘Kalank’ Trailer: Alia Bhatt Marries Aditya Roy Kapur And Falls In Love With Varun Dhawan

    Finally, we have more details of the period drama film ‘Kalank’. The makers of the film just dropped its 2:12 minutes trailer and it will leave you with so many questions.

    ‘Kalank’ Trailer: Alia Bhatt Marries Aditya Roy Kapur And Falls In Love With Varun Dhawan

    WATCH: 'Kalank' Trailer Filled With Props That Say Nothing

    A mute splendour swathes every self-consciously pretty frame of Abhishek Varmans purported epic "Kalank".

    WATCH: 'Kalank' Trailer Filled With Props That Say Nothing

    Amid Break-Up Rumours With Harleen Sethi, Vicky Kaushal Says ‘Ekdam Single’

    Lately, actor Vicky Kaushal has been making headlines, and not just for his performance in movies like ‘Uri: The Surgical Strike’. 

     

    Amid Break-Up Rumours With Harleen Sethi, Vicky Kaushal Says ‘Ekdam Single’

    PrevNext