TVB & CASH royalty issues, JSG Awards may stop at any time
8/06/2010 11:41:00 AM
kenmouse
, Posted in
E-Asian
,
Eason Chan
,
Hacken Lee
,
Joey Yung
,
JSG Awards
,
Leo Ku
,
Raymond Lam
,
TVB News
,
0 Comments
TVB and HKRIA (Universal, Warner, Sony, EMI) have been in a royalty dispute since last December. HKRIA increased the royalty fee from the initial 5 million to 15 million, TVB felt that this was not reasonable and refused to pay the large fee.

The chairman of the 4 record companies (Cheng Man Chiu) admitted that there has not been any progress, the issue has already entered the legal stage, let the lawyers from both sides handle the issue. When asked if they will make a concession? He said: "Ah, making a concession does not mean we have come to an agreement. Right now TVB still has many series and shows using the Big 4 record companies music. (TVB is breaking the law and doesn't know?) I don't dare to say that, just feel that it's strange, don't know how to calculate it. We have to see what the court says, see if its reasonable."
The chairman of the 4 record companies (Cheng Man Chiu) admitted that there has not been any progress, the issue has already entered the legal stage, let the lawyers from both sides handle the issue. When asked if they will make a concession? He said: "Ah, making a concession does not mean we have come to an agreement. Right now TVB still has many series and shows using the Big 4 record companies music. (TVB is breaking the law and doesn't know?) I don't dare to say that, just feel that it's strange, don't know how to calculate it. We have to see what the court says, see if its reasonable."



