IMI Taking On Organized B2B Music Piracy Industry

Business Standard: Music pirates in India have become organised: they’re now using sophisticated technology and manufacturing top quality CDs that they pass off as originals. Indian Music Industry (IMI) Secretary General Savio D’Souza says that piracy is an IT industry, estimated at Rs. 650 crores a year, but with no contribution to the GDP. In the last fortnight, in three raids, the police has seized CDs worth Rs.32 crores, with Rs. 30 crores in Delhi alone. They’ve also sealed an illegal CD manufacturing facility able to manufacture 60-70,000 CD’s a day. A list of those opeating in the piracy b2b space has been prepared, and a need for legal reforms and stringent norms is being felt. The IMI has mooted an Optical Disc Law for India, with it becoming compulsory for manufacturers to put ID numbers on CD’s.
I think this is short sighted: tagging CDs will result in an increase in cost of manufacturing, and possibly an increase in CD prices. It’ll hamper the B2B trade of pirated CD’s, but p2p will gain from it.
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