Copyright Amendment Bill 2010: Producers announce press meet

Soon after an emergency meeting of film producers from all over the country was held in Mumbai on Monday to discuss the course of plan against the Parliamentary Standing Committee's recommendations on the Copyright Amendment Bill 2010, tabled in Parliament on November 23, a press meet is convened on Wednesday at 5:30 p.m. at Chennai Film Chamber to issue a press note.
Apparently, the producers will announce a nation-wide strike to mark a protest against the recommendations. Several film personalities from Mumbai, including Boney Kapoor, Mukesh Bhatt and with officials from SIFCC and Tamil Film Producers' Council will participate in the press conference.
According to Parliamentary Standing Committee's recommendations, the producers should give authors, lyricists and composers 50% royalty for a film. It has split the Rs. 11,000-crore film industry, with producers saying it may make film music—now a mainstay of profits—a relic of the past.
"The bill in its present form is tilted towards established authors. Producers will think twice before hiring new ones and there is every chance even if they get work will not be given credit. Several composers and writers just want the money and are not bothered about credit; all they insist is to just give them one amount and that is it," a filmmaker said.