Representatives from the Indian music business and other copyright associations were present at the Copyright Stakeholders’ Meeting in Mumbai, which was attended by Goyal, who holds the commerce and industry portfolio.
Goyal reiterated that the PM Narendra Modi-led government is committed to protecting the culture, heritage and diversity represented by the cinema, film and music industries.
He added that the entire industry should come to one platform for enhancing the creative industry and strengthening its soft power in Amrit Kaal.
According to reports, the Indian music industry is expected to register a strong double-digit growth and is expected to reach Rs 3,300 crore by 2025.
During the meeting, the industry representatives expressed their views on pressing issues such as royalty distribution, statutory licensing mainly under Section 31(d), single-window licensing, and inclusive representation on the copyright society’s board.While giving a patient hearing to stakeholders from the music industry, Goyal emphasised the need to respect the fair and equitable distribution of royalty as per the terms decided.Issues related to extension of statutory licensing on the internet were also discussed, which will be revisited after consultation with the stakeholders.
Goyal also touched upon the issue of having equitable representation in copyright societies with an inclusive approach to the representation of women and equal rights for smaller artists.
The copyright societies have been asked to resolve the disputes collectively. There are multiple registered copyright societies that manage and protect the literary and creative work of artists.
It was also discussed at the meeting that the copyright societies will review their articles of association and discuss all such issues in a common forum.
The minister has formed a committee chaired by Anoop Jalota, with representation from all relevant copyright societies to discuss issues related to the creative industry. The committee will submit a report with solutions within 30 days.
