Originally posted by: Maroonporsche
Yeah cause you never let me down. An even if this story looses my interest I know I like talking to you so that much will be awesome š š³
Aww Maroony, that means the world to me, thank u! ā¤ļø But I promise you'll enjoy it š
Before I start, Royalties are generated from all sources of listenership...TV, films, radio, streaming services, legal download platforms, albums etc.
So the legal battle started somewhere in 1950s...apparently most artists had no idea about the concept of royalty and this came from a country who produces the highest number of films a year. Awareness increased but artists were simple people and didn't care much...this even caused them to suffer later. Lata Mangeshkar and Mohd Rafi had a huge fight over the same because Lataji wanted artists to get their royalties while Rafi sahab didn't bother. This escalated to the point that the two wouldn't sing together for many years.
Anyways, the only major music label was HMV/Sa Re Ga Ma Pa at the time in India and they were pocketing all the money. U get from 50s to 70s all the songs released were GOLD. So imagine the amount of royalty generated. Those songs are still exceptionally popular and still generate more than any song post 2000 does!
Example: Sir Elton John has made 30 albums and his net worth as of 2021 is $500 million. One hit-wonder Kevin Lyttle (Turn Me On) is around $1.9 million or so. Now imagine the net worth of Laxmikant-Pyarelal who have done around 600 soundtrack and the man the thread is about, Santosh Anand (not a huge volume of work but whatever he wrote were huge hits). Now imagine the amount of money artists have been robbed off! Insane.
According to copyright law, the 100% chunk of royalty gets divided as such: 50% publisher (music company) and 50% between music directors and lyricists. Singers don't come into this mix because they are the face of the song and can earn from live shows, concerts etc too...still their royalty comes from some other area which I am not very sure about.
So the 90s group takes up the case seriously and starts spreading awareness. They even lose projects coz labels boycott them...and back then producers needed labels to publish the songs, YouTube and streaming services weren't such a huge deal. They continue to fight though.
After years of battle where the music company is fighting the copyright cases with the artists' money (the irony!) and the artists spending money from their own savings, in 2012 the Copyright Bill gets passed.
The music companies still find ways to eat up the money...even the IPRS (American equivalent is ASCAP) was mainly label based. Sometime ago, Javed Akhtar becomes chairperson of IPRS and does some phenomenal things for artists...giving financial aid to Vanraj Bhatia, financial aid during Corona Virus and recently IPRS won the case against Radio Channels who weren't interested in paying artists:
The point is, despite the fights, lawsuits etc, the music companies are still trying to act smart. And the worst thing is the audience will listen to these songs and ONLY talk about the actors, directors, producers. They don't know and they don't want to know. This thread should've crossed 10 pages given the popularity of Santosh Anand's songs, but apparently actors are much more important, a legend struggling doesnt even matter to them...
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