Sunday, August 30, 2009

Govt to defer Phase III of FM radio till fixing of royalty issues

NEW DELHI: The Phase III of FM radio expansion has been deferred to resolve certain issues primarily relating to royalty for music.

Information and Broadcasting Ministry sources said the issue had already been taken up with the Human Resource Ministry which administers the Copyright Act.

The sources clarified to that the channels that had been licensed in Phase II had complained that they were unable to break even primarily because of the huge royalty they were forced to pay to the music companies.The methodology of fixing royalty will be discussed, particularly as to the basis on which the royalty payment should be fixed.

The source also confirmed that the issue of permitting news on private FM Radio channels was also under consideration.

Reade it details on:

See the Web's breaking stories, chosen by people like you. Check out Yahoo! Buzz.