Bollywood film production and distribution company, Yash Raj Films face legal trouble as they have been accused of illegally pocketing Rs 100 Crore by the Indian Performing Rights Society (IPRS).
YRF has been accused 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 alleged that Aditya Chopra's production house did not let them collect royalties from telecom companies, radio stations, and music streaming platforms.
Names of YRF directors Aditya and Uday Chopra are listed in the FIR, stating that the production house is not allowed to collect royalties on artistes and music producers' behalf, giving IPRS an exclusive right to have them.
Even though YRF managed to extract royalties from two television broadcast channels, it was unable to do so with telecoms, radio stations and music streaming platforms, as claimed in the FIR.
The police officer in charge of the case stated, "The FIR has been registered under sections 409 (criminal breach of trust) and 34 (common intention) of the Indian Penal Code and relevant sections of the Copyright Act."
Meanwhile, no response has been recorded from the Yash Raj Films production.
Stay tuned for more updates...