Press background on The Indian Performing Right Society Limited (IPRS)
Company profile
PRS is to legitimize use of copyrighted Music by Music users by issuing them Licences and collect Royalties from Music Users, for and on behalf of IPRS members i.e. Authors, Composers and Publishers of Music. Royalty thus collected is distributed amongst members after deducting IPRS’s administrative costs. Composers are those who are better known as Music Directors, Authors are better known as Lyricists, Publishers of Music are the Music Companies, or those who hold Publishing Rights of the Musical & Literary Works. Authors and Composers are sometimes referred to as Writers which can mean any or both of them.
In the recently unveiled CISAC Global Collections Report 2023, based on the 2022 collections data, the global music landscape experienced a resurgence, with total global royalties collected from creators reaching a record high of EUR 10.83 billion in 2022 - up by a remarkable 28% - as the world bro... (more)
Oct 31, 2023 14:04 IST
The Indian Performing Right Society Limited (IPRS)
The IPRS has gone on to become the most invaluable and desired support system of the Indian music industry today. Standing strong for owner’s rights, royalties, and promoting the creators' causes, have been driving IPRS while keeping it invigorated and focused over the years.
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Mar 01, 2023 15:57 IST
The Indian Performing Right Society Limited (IPRS)
Capturing the worldwide study, CISAC has just released its Global Collections Report for 2022 (based on 2021 collections data). The Paris-based International Confederation of Societies of Authors and Composers (CISAC) is the apex body of 228 Authors' Societies in 1... (more)
Nov 01, 2022 13:23 IST
The Indian Performing Right Society Limited (IPRS)
The Indian Performing Right Society Limited (IPRS), a representative body of music composers, lyricists, and publishers, creates a new benchmark, by distributing royalty amounting to Rs. 325 Crs. in the past two years. The last two years have been challenging across various sectors. The music and e... (more)
Nov 17, 2021 11:52 IST
The Indian Performing Right Society Limited (IPRS)
