September 18, 2010 04:22:32 PM IST Bollywood Trade News Network
There were certain rumours circulated in the market that order dated 25.08.2010 of the respected Copyright Board fixing the rate of royalty between PPL and 6 FM radio broadcasters shall also govern the rate of royalty for the entire industry including Super Cassettes Industries Limited (T-SERIES).
With regard to the recent order of the Copyright Board, T-Series has announced that it does not come under the scanner of the copyright ruling on royalty payment by FM industry to the music labels.
In a writ petition against the said order dated 25.08.2010 preferred by Super Cassettes Industries Limited (T-Series), the Hon'ble High Court Of Delhi has on 15.09.2010 in its interim order clarified that the rates fixed by the Copyright Board shall not apply to Super Cassettes Industries Limited (T-SERIES).
Thereby it is clarified that the said order dated 25.08.2010 a) cannot be relied upon for applying for a compulsory license against T-Series and further, b) if a compulsory license is granted against T-Series then the said order cannot be relied upon for fixing the rate of royalty for such compulsory license.
It is further clarified that the said order dated 25.08.2010 passed by copyright board is only against PPL and not against T-Series or any other copyright owner.
"We at Super Cassettes Industries are pleased with the clarification given by the Hon'ble High Court of Delhi in its interim order. We have granted voluntary license to (almost) all broadcasters in India. We are glad that our voluntary licenses will not get disturbed by the order in a proceeding where we were not even a party," said Mr. Bhushan Kumar, MD of T-Series.