The Indian Performing Rights Society Limited (IPRS) has filed an FIR against Bollywood production house, Yash Raj Films (YRF), accusing them of illegally collecting all publishing royalties and not disbursing them…’
IPRS further claims that YRF is preventing the society from collecting royalties from telecom companies, radio stations and music streaming platforms by pressurising artists to sign illegal agreements.
The FIR filed with the Mumbai police’s Economic Offences Wing (EOW), accuses YRF directors Aditya Chopra and Uday Chopra of illegally collecting royalties over Rs 100 crore belonging to IPRS members, from 2012 when the Copyright Act was amended to ensure royalties to composers and authors.
IPRS claims that the production house is not liable to collect royalties on behalf of composers and authors as IPRS is the sole and exclusive legal body appointed to do so. It further claims that YRF forced artists, musicians, singers and music producers to sign ‘dubious contracts’ thereby pocketing the money which rightfully belongs to these creators.
IPRS, a re-registered Copyright Society in November 2017 under Section 33 of the Copyright Act, 1957, administers musical and literary works belonging to over 4000+ copyright owners and creators. It is India’s only registered copyright society for authors (lyricists), music composers and music publishers.
There are no official statements from both the parties so far but a highly placed IPRS executive, who did not wish to be named, told Music Plus,
“We have taken the bull by the horns, there will be many bulls to follow.”