What would be the tariff for procuring the MMX license?
The license can be obtained for a period of one to three years at a minimal cost which ranges from Rs 1,500- 5,000 per month/per computer, depending on the kind of shop and location of the shop. An independent survey conducted by us indicates that an average shopkeeper earns Rs 7,500-12,500 each month via music downloads and other music applications, thus making the license fee a reasonable amount and a profitable business for the shop owners. We would be first introducing it at a pedestrian level and then at kiosk level and broadband level. The music industry of India loses more than Rs three billion each year, only through mobile chip piracy. What is the total extent of music piracy in India? The music industry’s annual revenue stands at around Rs six billion, because it loses around Rs 14.5 billion to piracy every year. Out of this, physical music piracy alone accounts for Rs six billion, mobile chip piracy around Rs three billion, outdoor events without the requisite license costs
