Singers demand royalty but may have to take a cut in upfront payment for each song
Last month a clutch of singers led by Asha Bhonsle demanded that they be given royalty from the sale of sound recordings. They formed a performers’ body called Performers Syndicate Limited (PSL). The 76-year-old diva’s clamour is more understandable in the context of the changes in the music market.
(This story appears in the 06 November, 2009 issue of Forbes India. To visit our Archives, click here.)