30.2 C
Accra
Thursday, November 21, 2024
EntertainmentBawumia to introduce local streaming platform for better revenue, royalties management for...

Date:

Bawumia to introduce local streaming platform for better revenue, royalties management for creatives

Vice President and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, announced that Ghana is set to introduce its inaugural local music streaming platform in November.

While speaking to key players in the creative arts industry, Dr. Bawumia underscored the importance of developing a local solution that would enable Ghanaian artists to earn fairer financial compensation for their efforts.

“Spotify and other platforms are externally owned, so it’s not surprising that the payments to our musicians are very little,” he said, stressing that current platforms don’t provide substantial returns for artists in Ghana.

“The issue for us has been to ensure we have a local streaming platform where we can put all the catalogues from A to Z that we can find in Ghana.”

Dr. Bawumia highlighted the collaborative effort between MUSIGA, the Ghana Music Rights Organisation (GHAMRO), music producers, and the private sector to make this platform a reality.

He explained that the platform is designed to help manage revenue, track royalties, and maximise opportunities for content creators.

“I’m very happy to let you know that the work has been completed,” Dr. Bawumia shared with enthusiasm.

“We are ready to launch the first local streaming platform for Ghanaian musicians and film producers next month, in November.”

This new platform is expected to provide a more equitable revenue model for Ghanaian creatives, allowing them to better track and collect royalties while creating opportunities for sustainable growth in the industry.

[forminator_poll id="710479"]

Latest stories

24-hour security at Flower Pot Interchange to deter hawkers from selling

The government has directed the deployment of 24-hour security...

Ghana’s former EC Chair extends goodwill message to Namibia ahead of it historic election

Former Chairperson of Ghana's Electoral Commission, Charlotte Osei, has...

Akufo-Addo to inaugurate over 80 educational projects today

Over 80 educational projects will be inaugurated across all...

CBG achieves historic GHS1bn revenue in Q3 2024

Consolidated Bank Ghana Ltd. (CBG) has reached a remarkable...

PPI ascends from 30.5% in September to 33.0% in October 2024 – GSS

Fresh data from the Ghana Statistical Service (GSS) indicates...

Wendy Shay donates to Amasaman Manhean M/A as we mark World Children’s Day

Award-winning Ghanaian musician Wendy Addo, famously known as Wendy...

Related stories

Wendy Shay donates to Amasaman Manhean M/A as we mark World Children’s Day

Award-winning Ghanaian musician Wendy Addo, famously known as Wendy...

Shatta Wale guided me in learning how to write and record my own music – Michy

Entertainment personality Diamond Michelle Gbagonah, widely recognized as Michy,...

Video: Check out Strongman and Fameye’s “Party” banger

Renowned Ghanaian rapper Strongman Burner has thrilled fans with...

Lies! he doesn’t even answer our calls – Ayat denies GTA boss collaborations claims

Ghanaian artist Kirani Ayat has refuted recent statements made...

It’s a family union as Reggie Zippy joins ex-wife to mark daughter’s 10th birthday

Ghanaian musician and former contestant on Britain’s Got Talent,...

Most celebrities’ careers crash when they get married – Nigerian rapper Phyno

Nigerian rapper Chibuzor Nelson Azubuike, known by his stage...

LEAVE A REPLY

Please enter your comment!
Please enter your name here