Akhtar distributes Rs 13 crore royalty to composers, authors
Veteran film writer and lyricist Javed Akhtar, who is chairman of the Indian Performing Rights Society (IPRS), today distributed Rs 13 crore among its members as part of the royalty given by music companies. The Akhtar-headed 48-year-old copyright royalty collection body is an officially registered copyright society for musical works and associated literary works in India. As many as 2,800 members of the IPRS will be paid ‘synchronisation royalty’ by Phonographic Performance Ltd PPL) on behalf of music companies like Saregama, Sony Music, Tips, Universal Music, Venus and Aditya Music.…
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