Globally, online music downloads and streaming have become the new income source for musicians and nations and yet it seems Ghana is lacking behind.
Without proper Ghanaian online platforms and structures, our music industry will continue slack behind and not be able to cash in on the online music sales boom.
For the first time, it has been published that digital music now accounts for half of the high income the UK is generating from music…
My question is; when will Ghana and Ghanaian musicians also take hold on the new online musical sales boom to start ripping in some real cash?
According to MailOnline;
The rise of downloads and streaming means that digital music now accounts for half of record industry income in the UK for the first time, according to new figures.
Digital revenue increased by 11.9 per cent last year on the back of strong album downloads, with streaming income also rising by 41 per cent, a report by music industry body the BPI has found.
Despite the positive digital figures, revenue from sales of CDs and music videos continued to decline – dropping by 6.4 per cent in 2013 to stand at £365.4million.