Feb 15, 2020

Financially challenged TV and radio channels in trouble Featured

Several television and radio channels that are operating amidst financial crisis are likely to be shut down after March 1, industry sources say.

This has been caused by the Government decision to pay royalties to artistes from March 1.

According to Information and Media, Higher Education, Technology and innovations Minister Dr. Bandula Gunawardena, all radio stations should pay Rs.20 and TV stations should pay Rs.100 as royalties to artistes when their compilations are used.

“The royalty payments would be made for songs under the Intellectual Property Rights, whereas the payments would be divided among the singer, song writer and music composer,” the minister said.

Following an inquiry done by Sri Lanka Mirror, it has been identified that about ten years ago, a media company had attempted to make this royalty payment.

However, media industry experts say that it is not wrong if the royalty payments are acquired from telecommunication companies, and that the law is only intended to give hope to the artistes at a time when the economy is collapsing.

They also point out that there are problems with the government not interfering with people who are smuggling songs online.

They say the issue of whether this law is being implemented with the aim of protecting several major channels in Sri Lanka has also been raised.