New copyright law is awaiting cabinet approval
Dhaka, October 13: The new copyright law is awaiting cabinet approval. State Minister for Culture KM Khalid said the new law guarantees realistic initiatives to cover copyright, consolidate the creators' financial gains and gain credibility.
The state minister was speaking as the chief guest at a function organized by the Copyright Office at the National Library Auditorium of the Department of Archives and Libraries at Agargaon in the capital on Tuesday (October 12) afternoon. The event was organized to mark the handing over of royalties earned from vocalist Ayub Bachchu's copyright registered song online platform.
The state minister said the present government is committed to protect the rights of artists through protection of intellectual property. As part of which, the Bangladesh Copyright Office, an organization under the Ministry of Culture, has ensured the preservation of the works of the celebrated and popular vocalist Ayub Bachchu as well as the recovery of royalties from its commercial use.
He said it was a remarkable achievement in terms of ensuring copyright and protecting intellectual property. In less than a year, an artist can earn about five thousand dollars through a digital platform and five lakh rupees through a telephone company - this initiative has been proven.
Mentioning the various steps taken for the welfare of the artists, KM Khalid said that grants have been given by the Ministry of Culture to about 20,000 artists during the Kovid period. Moreover, an initiative has been taken to introduce music insurance for the financial protection of marginal artists.