
General articles are free for 24 hours after publish.
Indonesia Demands Netflix Pay $7.5 Billion in Unpaid Music Royalties
Indonesia's copyright management body, LMKN, is strongly urging Netflix to pay approximately IDR 75 billion (USD 5 million) in unpaid music royalties dating back to 2016. This demand highlights ongoing discussions about copyright protection and revenue sharing for global platforms within Indonesia.
The Indonesian Music Copyright Management Agency (LMKN) is demanding that streaming giant Netflix pay approximately IDR 75 billion (USD 5 million) in unpaid music royalties accrued since 2016. This demand brings to the forefront discussions regarding the protection of music copyrights within Indonesia and the appropriate distribution of revenue generated by global content platforms operating in the country. LMKN asserts that Netflix, despite utilizing Indonesian musical works through its services offered domestically, has failed to settle its copyright fee obligations. The cumulative unpaid amount has grown significantly due to the extended period. Indonesia has been developing its legal framework to protect music copyrights and guarantee the rights of creators and copyright holders, but enforcement and collection remain challenges in its dealings with global platforms. LMKN's current demand is viewed as a crucial step towards fostering the healthy development of Indonesia's music industry and ensuring fair compensation for creators. How Netflix will respond to this demand remains to be seen.
Original source
Sindonews