The Indian Performing Right Society (IPRS) is the sole body in the country that is authorized to issue licenses, administer rights, and collect royalties for authors, composers, lyricists, and music publishers.
In a move to increase local participation, the IPRS is setting up regional committees that will advise the council on industry matters and relay IPRS policies to the regional members and authorities. Starting with Chennai, Tamil Nadu this month, the committee has expressed interest in moving away from its Bollywood-centric processes and discussions and is looking to reach out to local talent in search of patrons.
A Background
The committee was founded in 1969 and it currently has over 4000 members spread across the country.
The society is headquartered out of Mumbai and has twelve administrative offices in different cities.
The recent move is in light of its recent re-registration under the amended Copyright Act and the society hopes to encourage members in other states to set up similar committees to grow the local music industries.
In light of the event, Javed Akhtar, Chairman, IPRS told TNN,”We are starting with South India which is the country’s largest music producer and talent exporter with internationally acclaimed artists such as A.R. Rahman and Ilayaraja. In the coming months, we will expand this regional drive.”
The Loudest take
Communities in the music industry in India such as Lyricists and composers are highly dependent on IPRS for royalties and extended income as their income is usually not included in concert tickets fees, unlike the singers or performers.
The need of the hour is to increase local office participation as audiences become mature enough to consume local talent and promote a different sound.
Local offices in different cities or capitals of every state will ensure prompt licensing and increase loyalty collection in areas that are now allowing live music performances.
As the industry grows and matures into live performances, independent artists releasing music and embracing local flavor in mainstream media, IPRS can be instrumental in ensuring that the talent gets its due, which hasn’t been the case until now.
The Loudest take
Communities in the music industry in India such as Lyricists and composers are highly dependent on IPRS for royalties and extended income as their income is usually not included in concert tickets fees, unlike the singers or performers.
The need of the hour is to increase local office participation as audiences become mature enough to consume local talent and promote a different sound.
Local offices in different cities or capitals of every state will ensure prompt licensing and increase loyalty collection in areas that are now allowing live music performances.
As the industry grows and matures into live performances, independent artists releasing music and embracing local flavor in mainstream media, IPRS can be instrumental in ensuring that the talent gets its due, which hasn’t been the case until now.
Related News
.jpg)
Spotify Reports Record Operating Profit In Q3 2024 As Premium...
This marks a year-on-year increase of 12% for premium subscribers and 11% for free users, bringing Spotify’s total monthly active....
November 14, 2024
.jpg)
Saregama India Reports 6.2% Fall In Q2FY25 Net Profit To...
For the quarter ending September 30, Saregama reported a revenue surge to Rs 241.83 crore, up from Rs 172.35 crore....
November 06, 2024
Universal Music Group Partners With KLAY Vision To Develop Ethical...
Universal is currently engaged in litigation with Anthropic AI and Suno and Udio over the use of the label's recordings....
October 29, 2024
.jpg)
Music Broadcast Reports Rs 1.99 Crore Net Loss In Q2...
Sales for Music Broadcast rose by 4.56%, reaching Rs 54.83 crore in the September 2024 quarter, up from Rs 52.44....
October 26, 2024