‘Every creator must feel seen, heard and fairly rewarded'
In a significant development for the Indian music industry, the Indian Performing Right Society (IPRS) has declared a record-breaking royalty distribution of Rs 600 crore — heralding a game-changing moment for composers, lyricists and music publishers in India.
Lyricist and IPRS Chairman
Javed Akhtar
and others spoke to us, and described this achievement as 'not just a number,' as it represents long-overdue recognition for the work of Indian music creators.'
'It signifies a turning point for our Industry'
Javed Akhtar stressed the broader significance, 'This milestone reflects our collective progress and reinforces the importance of fair compensation in sustaining creative excellence.'
He called creators, 'the backbone of every cultural narrative' and underscored IPRS's commitment to empowering artists by 'strengthening access to IP awareness, simplifying digital enrolment and licensing, creating opportunities for cultural exchange and collaboration, and ensuring accurate metadata.
'
'We're working to ensure Indian music receives its rightful place and revenue globally'
With IPRS now the fourth largest rights society by revenue in the Asia-Pacific, Javed highlighted ongoing efforts to enhance India's global footprint.
'We are deepening international collaborations, adopting global best practices, and working to ensure Indian music receives its rightful place and revenue globally. The world is listening to India, and we're making sure our creators benefit from it. Our focus is on stronger licensing frameworks, timely and transparent royalty distribution, expanding outreach, and constant advocacy.
'
'We are tackling artist challenges through outreach and technology'
Lyricist-screen writer Mayur Puri echoed these priorities, detailing the hurdles many artists face, including, 'lack of awareness about their rights, delayed royalty payments, the complexity of music documentation, and a persistent issue of missing credits.'
He explained, 'Incomplete or incorrect metadata leads to creators not being properly credited or paid.' To address this, IPRS is intensifying localized outreach, simplifying registration through digital tools, and running continuous education programs. Mayur emphasized, 'Our focus is on widening our reach, especially in regional and digital-first spaces; strengthening our licensing network; and enhancing transparency and tech integration to ensure artists are paid fairly, faster, and with full visibility.
At the heart of it all, it's about putting creators first.'
'AI must not dilute the value of human creativity'
On the challenges posed by artificial intelligence, they shared a unified stance, 'AI must not dilute the value of human creativity,' Javed declared. 'IPRS is actively engaging in discussions around regulation to ensure creators' rights are protected and that any content derived from their work is fairly acknowledged and compensated.'
Rakesh Nigam, CEO-IPRS, added, 'We are closely working with international organizations such as CISAC and WIPO to engage in ongoing dialogues around AI and copyright. We participate in forums focused on metadata standardization, cross-border licensing, and developing best practices to ensure fair compensation in the age of AI and automation.'
Check out our list of the
latest Hindi
,
English
,
Tamil
,
Telugu
,
Malayalam
, and
Kannada movies
. Don't miss our picks for the
best Hindi movies
,
best Tamil movies,
and
best Telugu films
.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
a minute ago
- Economic Times
Sebi reconsiders intraday limits for equity derivatives: Report
In February, SEBI proposed an intraday limit of 10 billion Indian rupees ($114.89 million) for positions taken in index derivatives but scrapped the plan following opposition from the large market making firms. India's market regulator, SEBI, is considering stricter limits on index derivative positions amid concerns about manipulative trading strategies and retail investor losses. The secondary market advisory committee will discuss intraday limits and maximum allowable exposure for trading members. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads MUMBAI - A top panel of India's market regulator is meeting on Tuesday to consider placing stricter limits on positions in index derivatives in the Indian markets, two sources with direct knowledge of the matter Securities and Exchange Board of India ( SEBI ) is looking at the rules on equity derivatives after the regulator temporarily banned U.S. high frequency trading firm Jane Street from the Indian markets saying some of its trading strategies were manipulative and left retail investors with secondary market advisory committee, tasked with framing equity market policies, will discuss and make recommendations on intraday limits for index derivatives to prevent large traders and trading firms from accumulating significant exposures, the sources declined to be named because they were not authorised to speak to the February, SEBI proposed an intraday limit of 10 billion Indian rupees ($114.89 million) for positions taken in index derivatives but scrapped the plan following opposition from the large market making firms. Instead, SEBI asked exchanges to monitor trading firms' intraday panel will also discuss the maximum allowable exposure an individual trading member can hold in equity derivatives and the exchange monitoring mechanism, sources recommendation will be put to the market regulator's board before a final decision is did not immediately respond to an emailed request for May, SEBI set the total option exposure for a firm across its entire portfolio at the end of the trading day at 15 billion rupees, without specifying limits on trading equity derivatives market accounts for nearly 60% of global trading volumes, although retail investors have recorded large the 12 months ended March 31, 2024, retail traders losses totalled 524 billion rupees, a SEBI study showed. In contrast, proprietary traders, who make trades for financial institutions, made gross profits of 330 billion rupees over the same period, while foreign investors made 280 billion has already increased the minimum lot size and reduced the number of derivatives contract expiries to control additional steps being considered are part of the structural reforms to manage market risks and curb the activity of large firms in the Indian derivatives market, one of the sources ban on Jane Street was lifted last month after the firm deposited $567 million in an account that gives SEBI rights over the money until it has completed its investigation.
Indian Express
a minute ago
- Indian Express
Bengaluru IT professional sues employer for leaving him in Uganda, wins Rs 3 lakh
A Bengaluru-based techie has won a legal battle against his former employer, securing unpaid dues of Rs 3 lakh with 6 per cent annual interest, along with a relieving letter and the return of his original educational certificates and the other withheld documents, following a dispute over an overseas assignment in 2019. According to a report in The Times of India, Rakshith M V, a resident of ITI Layout, Papareddipalya, Bengaluru, joined Locus IT Services Pvt Ltd in September 2016 and resigned in August 2020. In December 2019, the firm assigned him to a client project in Kampala, Uganda. The assignment, however, ran into delays. Rakshith alleged that he was 'stranded' in Uganda until July 2020, receiving neither financial assistance nor technical support despite 'repeated requests'. He further claimed that his salary and allowances were suddenly halved during the extended stay and that the company continued deducting Rs 3,600 every month towards provident fund contributions, which were never deposited. On top of this, expenses on domestic travel and other charges amounting to nearly Rs 3 lakh were never reimbursed, the TOI reported. According to Rakshith, the managing director of the company had conveyed decisions, including the pay cut and his prolonged stay, only through verbal communication. 'There was no formal email trail, leaving me with no written proof,' he said. After resigning, Rakshith issued a legal notice in September 2021, but it was returned 'unclaimed.' He went on to file a civil suit in January 2022, demanding reimbursement and release of his certificates. The company, represented by its managing director Rohith Kudukuli, denied all allegations and accused Rakshith of absconding mid-project. However, additional city civil and sessions judge Shivanand Maruti Jipare ruled in Rakshith's favour, directing the firm to clear his dues with 6 per cent annual interest and hand over his certificates, the report added. While the court acknowledged that the company had shown Rakshith left Uganda without approval, it observed that this did not justify withholding his dues or crucial documents. The judge said such actions had caused him 'irreparable hardship' and put his career at risk.
Indian Express
3 minutes ago
- Indian Express
The architects of modern photography: 4 thinkers – from Susan Sontag to John Berger – who taught us how to perceive
For writers, books are often the primary source of inspiration, a collection of words and sentences that shape thought and imagination. Yet, the world beyond books can be equally compelling. For many creatives, the outdoors and the lens of a camera have become powerful tools of observation. Once considered an art dependent on new locations and unfamiliar landscapes, photography is increasingly understood as a discipline of repeated encounters, a way of seeing the ordinary anew. As emerging photographers gain recognition for their ability to capture meaning in the everyday, several books continue to guide enthusiasts and professionals alike. These works encourage readers not only to engage with photography but to cultivate deeper ways of seeing, no matter where they are. Here are four influential titles that expand the understanding of photography beyond its cultural frame. Photography from the 20th century and John Berger's collection of words bring into perspective the immediate fusion of popular and uncollected essays on famous photographers such as W Eugene Smith and Henri Cartier Benson, who represented rawness, intensity and fire in the photographs they created. From direction and technicalities to the essential daily observations that look like the ordinary, this book contains an evolving perspective. This book does not lay down the the rules to abide by, it gives you growth, a retrospective in your journey to evolve not as a photographer but as an individual with growing curiosity. Vineet Vohra's work first caught my eye, back in 2019, on Instagram when I had finally decided to start working with the genre of street photography which I had no idea about. Consequently, his work became an inspiration and his first monograph was released by Eyeshot Magazine. If you are thinking this is a manual of rules jumbled up together, it most certainly is not. One of the first books ever compiled on street photography by an Indian photographer, this books talks about exploring maximalism on the street. How finding ordinary scenes on the street are actually unique, and help in weaving stories that are often overlooked. Street photography is that one tool that rearranges the chaos in the sentence and offers a comma, in perspective. Vohra's compilation with his set of images does exactly that. Although a reputed author, Susan Sontag wrote one of the most widely known books on photography. If you like a hint of literature dabbled with a little bit of magic, Sontag's work will attract you. With what started with the ability of Sontag to question in one essay, became a series of essays strung together to talk about the ability to understand the 'omnipresence' of the photographs. Her questioning about what photographs were, led her to explore the complex nature of photography. And here we had it, the esteem of a book of essays, from a talented woman, who etched her words into two significant worlds of literature and photography. What fascinated me about this book is not its print, but that it alludes a sense of distinct bond, a shared love and respect between two extraordinarily talented people, an amalgamation of higher phenomenon, the integration of film and photography. The book is a compilation of Ghosh's body of work . In Manik Da: Memories of Satyajit Ray, a book of his reminiscences, Ghosh recalls his first experience of Ray's film making, during the shooting of a scene in Goopy Gyne Bagh Byne, 'in which drops of water drip from leaves and fall on Bagha's drum: 'I don't know what possessed me then. As if in a trance I felt my finger pressing the shutter on the camera. I finished both rolls of film.'
