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Yash Raj pocketed Rs 100 cr worth royalties belonging to artistes

Posted in Entertainment

Published on November 21, 2019 with No Comments

The Indian Performing Rights Society (IPRS) – which represents composers, lyricists and music producers – has accused Bollywood production house Yash Raj Films (YRF) of unauthorisedly collecting over Rs 100 crore in music royalties belonging to IPRS members.

In an FIR filed with the Mumbai police’s Economic Offences Wing (EOW), IPRS has alleged that the production house has prevented it from collecting royalties from telecom companies, radio stations, and music streaming platforms by pressuring artistes into signing illegal agreements.

While the IPRS has called the Rs 100 crore it is claiming from YRF just the “tip of the iceberg”, the FIR itself could open a Pandora’s box, with similar cases being filed in the future against other production houses and studios.

The FIR, which names YRF directors Aditya Chopra and Uday Chopra, says that production house cannot collect royalties on behalf of artistes and music producers as it is the sole and exclusive right of IPRS. It concludes that since YRF has forced artistes to sign “dubious” contracts it is clear that it has been pocketing the money that rightfully belongs to these lyricists, musicians, singers and music producers.

The FIR claims that while YRF has managed to extract royalties from two TV broadcast platforms, it has not been able to get telecoms, radio stations and music streaming platforms to pay up.

 

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