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India slashes radio licensing rates

Peter Ollier, Hong Kong

The Indian Copyright Board has introduced a new revenue-sharing model between the country’s FM radio stations and copyright owners

The decision to fix royalty rates at 2% of advertising revenue is the first-ever compulsory licence issued under India's Copyright Act.

"The industry is viewing this as a major victory," said Pravin Anand, a partner of Anand & Anand, which...

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