Cabinet approves accession to WIPO Copyright Treaty

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approvedthe proposal submitted by Department of Industrial Policy and Promotion, Ministry of Commerce and Industry regarding accession to the WIPO Copyright Treaty and WIPO Performers and Phonograms Treaty which extends coverage of copyright to the internet and digital environment The approval is a step towards the objective laid in the National Intellectual Property Rights (IPR) Policy adopted by the Government on 12thMay 2016 which aims to get value for IPRs through commercialization by providing guidance and support to EPR owners about commercial opportunities of e-commerce through Internet and mobile platforms.

Benefits:

Meeting the demand of the copyright industries, these treaties will help India:

  • To enable creative right-holders enjoy the fruit of their labour, through international copyright system that can be used to secure a return on the investment made in producing and distributing creative works;
  • To facilitate international protection of domestic rights holder by providing them level-playing field in other countries as India already extends protection to foreign works through the International Copyright order and these treaties will enable Indian right holders to get reciprocal protection abroad;
  • To instil confidence and distribute creative works in digital environment with return on investment; and
  • To spur business growth and contribute to the development of a vibrant creative economy and cultural landscape.
Media
@adgully

News in the domain of Advertising, Marketing, Media and Business of Entertainment

More in Media