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Entertainment Bollywood 07 Nov 2017 Royalty scam: ED sum ...

Royalty scam: ED summons Aditya Chopra, two music label honchos

DECCAN CHRONICLE.
Published Nov 7, 2017, 2:00 am IST
Updated Nov 7, 2017, 1:14 pm IST
The music company honchos are likely to appear before the agency in a couple of days with relevant documents, ED officials stated.
YRF's head honcho Aditya Chopra.
 YRF's head honcho Aditya Chopra.

Mumbai: The Enforcement Directorate (ED) has summoned Aditya Chopra, chairman of Yash Raj Films (YRF); Shridhar Subramanium, vice-president of Sony Music India; and Devraj Sanyal, MD-CEO of Universal Music, for recording their statements in connection with the alleged multi-crore royalty non-payment scam. The music company honchos are likely to appear before the agency in a couple of days with relevant documents, ED officials stated.

Sources in the ED said that the move comes in the backdrop of recording statements of Bhushan Kumar, managing director of T-Series, and Vikram Mehra of the Saregama music label.

 

T-series responded to the report with an official statement.

Vinod Bhanushali, President - Marketing, Media, Publishing and Music Acquisition, T-Series, said, “As law-abiding citizens, whatever documents are required, we have submitted to the ED team. We have not collected any royalties of composers and lyricists. We have collected royalties for our sound recordings, which are legally purchased from producers.”

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