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ZEE Network to rival T-Series with own music label
ZEE Network is planning its own record label to compete with music giant, T-Series.
Recently, there has been news on a royalty issue between T-Series and a bevy of singer and music composers. Actor Abhay Deol took on T-Series over the issue for his film ‘One By Two’. Sonu Nigam, Sunidhi Chauhan and various others have all stood against T-Series stance.
Mid-Day reports that ZEE Network is set to take on T-Series by siding with musicians and singers and considering giving them royalty cuts for their work.
A source told Mid-Day, “The chairman of Essel Group, Subhash Chandra, called for a meeting with the industry’s top music directors, lyricists and producers where they were informed about ZEE’s music label. He stressed on the fact that the company will seriously consider the amended copyright clause that deals with paying royalty to music composers and lyricists.”
On hearing of ZEE Network’s plans, Bhushan Kumar of T-Series told Mid-Day, “Music is a big market and recently it has incurred us losses, so we have now diversified into film production. Besides, we have always welcomed healthy competition from big names.”
ZEE Network is said to have inked deals with a number of big projects including ‘Happy New Year’, ‘Holiday’ and Vashu Bhagnani’s new film. However, ZEE is keeping mum on the developments. Industry stalwarts like Sameer, Kailash Kher and Ehsaan Noorani have all welcomed the news.
ZEE Network previously set-up its label ZEE Records in the mid 90s but not much has released since then.
ZEE Network to rival T-Series with own music label | BizAsia UK | The UK's only Asian media news site
Zee is all set to take on T-Series with its own music label
Reams have already been devoted to covering the royalty issue between music company T-Series and a bevy of singers and music composers. Recent instances include the much-publicised controversy that broke out when actor-turned-producer Abhay Deol decided to take on T-Series by supporting the rights of the music director trio, Shankar Ehsaan and Loy.
Similarly, Sonu Nigam and Sunidhi Chauhan were shown the door upon demanding royalty; their songs were then re-recorded with other singers. For quite some time now, the industry seems to have been unable to resolve this conflict.
But it looks like a solution is not so far away. If sources are to be believed, Zee is all set to take on T-Series with its own music label. What’s more, this label is apparently pro musicians and is considering giving them royalty.
Says a source, “The chairman of Essel Group, Subhash Chandra, called for a meeting with the industry’s top music directors, lyricists and producers where they were informed about Zee’s music label. He stressed on the fact that the company will seriously consider the amended copyright clause that deals with paying royalty to music composers and lyricists.”
This secret meeting is said to have included director Vikramaditya Motwane, filmmaker Vipul Shah, actor-filmmaker Arbaaz Khan and some leading music directors from the industry. When informed about this, Bhushan Kumar of T-Series said, “Music is a big market and recently it has incurred us losses, so we have now diversified into film production. Besides, we have always welcomed healthy competition from big names.” Kailash Kher is happy with this development. He says, “Some people are not ready to give singers their due but there are a few good people in the industry who follow the rules. We respect Zee’s ideology.”
Sonu Nigam, who has been fighting the royalty battle for a long time now, sounds relieved. He says, “For a musician like me, who is loved and appreciated by people, it is difficult to accept a scenario where an autocratic, unrepentant set of people snatch away my songs and make others sing them. So this news is a breath of fresh air.” The new music label has apparently acquired music rights of a few films and this list could include Shah Rukh Khan starrer Happy New Year, Akshay Kumar starrer Holiday, and a film being made by Vashu Bhagnani. Lyricist Sameer, who was present at the meeting, says, “Zee is reviving its music label and this is great for us, because they have promised to follow the new copyright law which will give singers royalty and performance rights.”
Music composer Ehsaan Noorani, who also attended the meeting, points out that healthy completion is always welcome. “It’s good to have more music companies distributing and acquiring music. Copyright laws apply to everyone, but their implementation by record companies is taking a long time. A lot of administration and monitoring work needs to be done for it to be smoothly executed.” Punit Goenka, CEO of Zee Entertainment, remained unavailable for comment. Anurag Bedi, business head, Zee Entertainment, said, “When the time is right, we will surely comment on this.”
Zee is all set to take on T-Series with its own music label - Entertainment
ZEE Network is planning its own record label to compete with music giant, T-Series.
Recently, there has been news on a royalty issue between T-Series and a bevy of singer and music composers. Actor Abhay Deol took on T-Series over the issue for his film ‘One By Two’. Sonu Nigam, Sunidhi Chauhan and various others have all stood against T-Series stance.
Mid-Day reports that ZEE Network is set to take on T-Series by siding with musicians and singers and considering giving them royalty cuts for their work.
A source told Mid-Day, “The chairman of Essel Group, Subhash Chandra, called for a meeting with the industry’s top music directors, lyricists and producers where they were informed about ZEE’s music label. He stressed on the fact that the company will seriously consider the amended copyright clause that deals with paying royalty to music composers and lyricists.”
On hearing of ZEE Network’s plans, Bhushan Kumar of T-Series told Mid-Day, “Music is a big market and recently it has incurred us losses, so we have now diversified into film production. Besides, we have always welcomed healthy competition from big names.”
ZEE Network is said to have inked deals with a number of big projects including ‘Happy New Year’, ‘Holiday’ and Vashu Bhagnani’s new film. However, ZEE is keeping mum on the developments. Industry stalwarts like Sameer, Kailash Kher and Ehsaan Noorani have all welcomed the news.
ZEE Network previously set-up its label ZEE Records in the mid 90s but not much has released since then.
ZEE Network to rival T-Series with own music label | BizAsia UK | The UK's only Asian media news site
Zee is all set to take on T-Series with its own music label
Reams have already been devoted to covering the royalty issue between music company T-Series and a bevy of singers and music composers. Recent instances include the much-publicised controversy that broke out when actor-turned-producer Abhay Deol decided to take on T-Series by supporting the rights of the music director trio, Shankar Ehsaan and Loy.
Similarly, Sonu Nigam and Sunidhi Chauhan were shown the door upon demanding royalty; their songs were then re-recorded with other singers. For quite some time now, the industry seems to have been unable to resolve this conflict.
But it looks like a solution is not so far away. If sources are to be believed, Zee is all set to take on T-Series with its own music label. What’s more, this label is apparently pro musicians and is considering giving them royalty.
Says a source, “The chairman of Essel Group, Subhash Chandra, called for a meeting with the industry’s top music directors, lyricists and producers where they were informed about Zee’s music label. He stressed on the fact that the company will seriously consider the amended copyright clause that deals with paying royalty to music composers and lyricists.”
This secret meeting is said to have included director Vikramaditya Motwane, filmmaker Vipul Shah, actor-filmmaker Arbaaz Khan and some leading music directors from the industry. When informed about this, Bhushan Kumar of T-Series said, “Music is a big market and recently it has incurred us losses, so we have now diversified into film production. Besides, we have always welcomed healthy competition from big names.” Kailash Kher is happy with this development. He says, “Some people are not ready to give singers their due but there are a few good people in the industry who follow the rules. We respect Zee’s ideology.”
Sonu Nigam, who has been fighting the royalty battle for a long time now, sounds relieved. He says, “For a musician like me, who is loved and appreciated by people, it is difficult to accept a scenario where an autocratic, unrepentant set of people snatch away my songs and make others sing them. So this news is a breath of fresh air.” The new music label has apparently acquired music rights of a few films and this list could include Shah Rukh Khan starrer Happy New Year, Akshay Kumar starrer Holiday, and a film being made by Vashu Bhagnani. Lyricist Sameer, who was present at the meeting, says, “Zee is reviving its music label and this is great for us, because they have promised to follow the new copyright law which will give singers royalty and performance rights.”
Music composer Ehsaan Noorani, who also attended the meeting, points out that healthy completion is always welcome. “It’s good to have more music companies distributing and acquiring music. Copyright laws apply to everyone, but their implementation by record companies is taking a long time. A lot of administration and monitoring work needs to be done for it to be smoothly executed.” Punit Goenka, CEO of Zee Entertainment, remained unavailable for comment. Anurag Bedi, business head, Zee Entertainment, said, “When the time is right, we will surely comment on this.”
Zee is all set to take on T-Series with its own music label - Entertainment
