Indian Singers Rights Association (ISRA), the apex body representing singers in India, has recently signed a historic agreement with Music Industry of India (IMI), the apex body representing music labels in India. It is an institution.
The agreement will cover all record labels, singers and musicians on a pan-India basis and help grow the music market for the common benefit of all stakeholders in the music ecosystem in India.
The agreement will act as a growth engine to push the music industry among the top 10 markets globally.
“The historic agreement will be a growth engine for the Indian music industry to propel itself into the top 10 markets in the world. When all stakeholders in the music ecosystem work together, a chord strikes and that has been the case globally,” said Blaise Fernandes, President and CEO, Indian Music Industry.
The event was graced by some of the stalwarts of the Indian music industry like Udit Narayan, Kumar Sanu And magnificence With Union Minister of Commerce and Industry Piyush Goyal.
Both the bodies expressed their gratitude to Piyush Goyal and DPIIT (Department for Promotion of Industry and Internal Trade) for their support to the artist community and music industry. The music industry seeks support from the Indian government to tackle the growing menace of digital piracy and non-recognition of copyrights.
Expressing his happiness, Padma Shri awardee Anoop Jalota, President of the Indian Singers Rights Association, said: “I would like to thank the Government of India and especially Shri Piyush Goyal ji, without whose support this agreement would not have seen the light of day. Would. I wish the music industry all the best and hope that the joining hands will benefit the entire music industry.
Sanjay Tandon, Founder, Director and CEO, Indian Singers Rights Association, said: “It is great to finally see record labels and artists coming together. Now this will enable the music industry as a whole to grow and prosper to the level it should be. This historic settlement should be music for all.
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