Aditya Chopra summoned by ED in relation to non-payment scam

In relation to a royalty scam involving a hefty amount of money, Yash Raj Films honcho Aditya Chopra has been summoned by ED. Chopra might visit the ED office in two or three days. Shridhar Subramanium, vice-president of Sony Music India and Devraj Sanyal, MD-CEO of Universal Music have been summoned for the same purpose.

As per section 18 of the Copyright Act 2012, the lyricists and music composers are to receive 50% of royalty earned by music companies. But that is not happening since June 2012, reports Asian Age.

“A probe revealed that T-Series collected royalties worth Rs 2000 crore in the last six years of which 50 per cent belong to lyricists and composers, but not a penny was paid. Copyright is a form of Intellectual Property Rights (IPR) that comes into being owing to the lyrists and the composers,”  an ED official told the publication.

ED is presently investigating as to how much money the music companies owe their lyricists and musicians.

Ranjini Maitra

Journalist. Writer. Reader. Enthu cutlet. Mood-swing machine. Day dreamer. Sandwiched between ‘live life fully’ and ‘lose some weight’. Mantra of life: Love and love more.