Hi
Thursday 17th May 2012 was a victorious and historic day for Indian music composers, directors, musicians, lyric writers and all other copyright holders involved with Indian music.
The Rajya Sabha (Council of States) which is the upper house of the Parliament of India, passed the much talked about bill amending Copyright laws in India. The Bill got passed with support from RS member Jaya Bachchan, BJP’s Arun Jaitley, Congress’s Kapil Sibal and Left members.
Amongst many of the copyright issues addressed by the Bill; for music and lyrics, the bill basically addresses the unfairness of royalty splits in the past between the authors and the music/film companies and their producers.
The new Bill now specifies that the authors of underlying works and those they assign the works to are each entitled to an equal share of the royalties received for the out-film use of those works. This addresses the ambiguities in the 2010 version of the Bill. Specifically, an analogous provision has been made in respect of sound recordings.
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