Times Music. "It's an emerging trend but remix albums are clearly here to stay," says Vijay Lazarus, chairman Universal Music. The result is numbers like Aur Ek Haseena Thi from Tseries and Trend No. 1 from Virgin. Certainly remixes have caught on quickly in an industry that has been battered by the failure of the Hindi movie industry to produce a good hit.This week's topseller in the Indipop category, according to the music store is Aur Ek Hasina Thi which is selling around 400 copies a week.
How much is the remix segment of the music industry worth? It's still a tiny fraction of the Rs 620- crore (Rs 6.2 billion) legitimate music industry. Some industry sources say it's worth about Rs 30 crore (Rs 300 million). But that figure doesn't include the vast amount of pirated remix albums that are floating about in shops around the country. Of the Rs 600 crore (Rs 6 billion) plus illegitimate or pirated music Market, remixes account for as much as Rs 125 crore (Rs 1.25 billion)
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The well-reproduced old Hindi film music album became quite a rage Most members of the music fraternity feel that Section 52.(1)(j) should be abolished. The only exception is T-Series, the only major music company, which has chosen to stay out of the IMI fold.The real issues for the Rahul audio are a focus on creativity and a focus on costs.
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