Phonographic Performance Limited (PPL) is India’s largest organization licensing and monetising ‘Public Performance r
MUMBAI: The Jains of Venus group have made a mark for themselves in the music and film production business. Now eldest brother Ganesh Jain has added another feather to his cap. He has been appointed as chairman of The Indian Music Industry (IMI) and PPL - which represent the music industry?s interest for a two year period from 2013 to 2015. The appointment took place on 9 May. Former Universal head Vjay Lazarus continues to be president.
"It?s an honor to get nominated and elected for such position and I am humbled and deeply touch by this decision. I have a great passion for Hindi music and cinema. I always have believed in standout performance and I believe I can more than deliver on that," says Jain.
IMI members includes major record companies like Saregama India (HMV), Aditya Music, Universal Music (India), Tips, Venus, Sony BMG Music Entertainment (India), Magnasound, Times Music and several other prominent national and regional labels that represent over 75 per cent of the output in legitimate recordings and a wide range of musical repertoire.
Jain says his goal will be to push through issues relating to the latest copyright law amendment. "Our goal is to re-register IPRS as a nodal body representing the creative community?s interest as per government rules. We will also be focusing on internet piracy and curbing it and discovering new ways of monetising revenues from online now that the ringtone?s contribution to our revenues is dwindling."