- JD(U) under Nitish decides to become part of NDA, denies split in party
- Customs arrests Air India cabin crew for smuggling ganja
- Government, RBI in talks to shore up PSU bank capital
- Bihar flood toll mounts to 153, 17 districts affected
- IndiGo cancels 84 flights over engine issues
- Trai gets tough on call drops; slaps penalty of upto Rs 10 lakh
- Yogi Adityanath targets 'Yuvraj' Rahul Gandhi: 'Will not permit Gorakhpur to become picnic spot'
- Shivraj to lead BJP in 2018 election: Amit Shah
IP as a driver of growth
MUMBAI: The first day of the FICCI Frames 2017 saw experts discuss, in a session called ‘Own, convert, protect! Intellectual property as a driver of innovation and growth’, how the National IPR Policy would benefit the creative industry by providing an enabling framework for monetisation, protection and enforcement of copyright.
The keynote address was by DIPP secretary Ramesh Abhishek with a special address by Solstrat Solutions senior advisor and WIPO Coordination Office director Dr S Rama Rao. It was moderated by Saikrishna & Associates senior partner Ameet Datta.
The panel comprised MPA VP, government affairs, Asia Pacific Hank Baker, FIAPF DG Benoit Ginistry, US Consul General Thomas L Vajda and Sony Music Entertainment president of India and Middle East Shridhar Subramaniam.
Baker said, “I represent the MPA and our interest in protecting intellectual rights, and the key to that is copyright. This gives us the right to exploit it commercially as a business. The other side is enforcement. We spend our time, capital and resources in making movies. Piracy is different today than it was a couple of years ago. The digital world makes it easy to steal our property and soft goods.
“Copyrights have not been more vulnerable as they are now. We need more screen density in India. Censorship also causes people to hire content away from legitimate sources because people want to see the director’s vision and the complete product. Piracy is a leakage and gets 35% more than box-office revenue. It needs to be fixed.”
Subramaniam said, “Two or three progressions have happened in the last three years. One of them is copyright amendment, which gives a lot of rights to the music community. We are grateful for international IPR policies. We have taken court action against piracy and blocked some websites. Statutory and compulsory licensing on the Internet by the government has helped.”
Noting the importance of protecting investments, Ginistry said, “It is important to protect our investment and essential to protect our freedom over copyrights and IPR. It’s essential for India to join Europe, South Korea and America in international copyright protection and IPR policies.”
- Challenges and opportunities in a digital world
- M&E sector needs liberal ecosystem to grow
- MIB in talks with DIPP to set up Copyright Board to oversee IPR implementation
- Star CEO Uday Shankar opposes censorship, says it can undo gains made by M&E sector
- M&E sector to grow at 14% CAGR to touch Rs 2,419 bn by 2021: FICCI–KPMG report
- MIB awarded 177 TV licences in the last two years: Ajay Mittal
- India-Canada co-production treaty spelt out
- Piracy should be made an economic offence, say experts