💨 Abstract
The Madras High Court has ruled in favor of Novex Communications, allowing them to issue musical copyright licenses without registering as a copyright society. This decision is a significant milestone for the Indian music industry, offering greater flexibility for music owners and music assignees, including Bollywood music companies. Music copyright holders can expect to receive better royalties, benefiting the Indian Film industry.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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