The membership of the Association of Music Companies "National Federation of Music Industry" (NFMI) has significantly expanded

The General Meeting of members of the Association of Music Companies "National Federation of the Music Industry" (NFMI) has accepted domestic music label companies as associate members of the Association: "Black Star", "Lotus Music", "Media Land", "SP Digital".

According to Vedomosti, the same tax benefits can be extended to the music industry as to the IT sector.

Let us kindly remind that in August 2022 a bill on compulsory licensing of copyright and related rights was submitted to the State Duma.

NFMI sent comments to the Ministry of Culture of Russia with regards to the previous version of the draft law.

Let us kindly remind that the Ministry of Economic Development of the RF has developed a draft law on civil liability for persons initiating the blocking of intellectual property objects (content) on the Internet.

At present, the Intellectual Property Rights Court (SIP) is considering a case on the claim of the Russian Copyright Society (RAO) against the City Palace of Culture of the city of Meleuz of the Republic of Bashkortostan.

According to TASS, Nikita Danilov, Director General of the National Federation of the Music Industry, noted that the new order could jeopardize payments to Russian artists signed to foreign labels.

In May of this year, the President of the RF signed a decree according to which Russian companies can fulfill obligations to some copyright holders from unfriendly states in rubles when using a special account of the "O" type opened in an authorized bank.

On August 19, deputy D.