The Indian entertainment industry has hailed as a historic decision the parliamentary approval accorded to the Copyright Act (Amendment) Bill, 2012, which strengthens the royalty claims of musicians, lyricists and those in similar fields. But at the same time, musicians feel the system to collect and monetize royalties should be put in place soon.
While Shridhar Subramaniam, of Sony Music India, opined that the policy makers should have also given importance to the piracy issue, musician Vishal Dadlani called for laying down a proper system to make the law effective.
