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Here is how local artistes can sing their way to big royalties
Members of a band during a performance. If all infrastructure is put in place and working, as an asset class, music could revolutionise our capital markets. FILE PHOTO | NMG
It was quite disheartening to hear renowned Gospel musician Reuben Kigame highlight his frustrations with the Music Copyright Society of Kenya (MCSK) tied to his sub-par earnings (read royalties).
But reading his note, I couldn’t help but notice the year he says he started out in music; 1987. The reason being that only two years before, Michael Jackson had just concluded the purchase of ATV Music, a 4,000-Beatles song catalogue, for Sh500 million.