Interesting Article on Safaricom Skiza for Music Industry
This is an interesting read indeed. First off; I think KRA as a machinery is getting too greedy and wants to wrap around its fingers on every avenue of earnings - even when the person does not have regular income. Take in this case an artist whose career probably shines for only 1 year - and KRA takes almost 30% !!! I hear KRA also wants to go after landlords - forgetting all the *building material taxes* and loans which might take the builder years to recover - stunting growth for new comers in the industry and encouraging incumbents who have clout. As usual when the rules are restrictive; its the small man that suffers gets enforced; the corporations will find a loophole. ============================================= With regards to Safaricom-ContentProvider-Artist percentage: ============================================= Back to the issue tackled above with KRA; I also think being a noble idea; Safaricom should ease on their take and ensure artist gets more stake. I understand that the Capital investment for the technology is borne by Safaricom - however, once the program takes off; the technology runs on maintenance. An artist will have a popular song for a few months; while Safaricom will continue to benefit from other popular songs in future once that artists song is long forgotten by the trends and pop. That means a continued revenue assurance for Safaricom; and a very small window for the artist (who probably spent 100s of thousands in production and video promotions). ========================== Looking at it internationally - iTunes ========================== http://wiki.answers.com/Q/How_much_does_iTunes_pay_an_artist_for_a_song The amount received from sales through the iTunes store will vary depending on the particular circumstances of the artists. If signed to a record label that is responsible for distributing their music they will have an individual contract that will state the percentage they receive; this can be as low as 10% of the sales value (*still higher than what is being offered in the Skiza Program*) . An independent artist can organise their own distribution and can receive up to *90%* of the sales value, after an initial one off payment to organise the uploads (See links below), but will have to pay all the promotional/advertising costs etc. themselves. Read more: http://wiki.answers.com/Q/How_much_does_iTunes_pay_an_artist_for_a_song#ixzz...
Its more hard when you are a start-up and looking for funds! On Fri, May 4, 2012 at 1:47 PM, ndungu stephen <ndungustephen@gmail.com>wrote:
This is an interesting read indeed.
First off; I think KRA as a machinery is getting too greedy and wants to wrap around its fingers on every avenue of earnings - even when the person does not have regular income.
Take in this case an artist whose career probably shines for only 1 year - and KRA takes almost 30% !!!
I hear KRA also wants to go after landlords - forgetting all the *building material taxes* and loans which might take the builder years to recover - stunting growth for new comers in the industry and encouraging incumbents who have clout.
As usual when the rules are restrictive; its the small man that suffers gets enforced; the corporations will find a loophole.
============================================= With regards to Safaricom-ContentProvider-Artist percentage: =============================================
Back to the issue tackled above with KRA; I also think being a noble idea; Safaricom should ease on their take and ensure artist gets more stake.
I understand that the Capital investment for the technology is borne by Safaricom - however, once the program takes off; the technology runs on maintenance.
An artist will have a popular song for a few months; while Safaricom will continue to benefit from other popular songs in future once that artists song is long forgotten by the trends and pop.
That means a continued revenue assurance for Safaricom; and a very small window for the artist (who probably spent 100s of thousands in production and video promotions).
========================== Looking at it internationally - iTunes ========================== http://wiki.answers.com/Q/How_much_does_iTunes_pay_an_artist_for_a_song
The amount received from sales through the iTunes store will vary depending on the particular circumstances of the artists. If signed to a record label that is responsible for distributing their music they will have an individual contract that will state the percentage they receive; this can be as low as 10% of the sales value (*still higher than what is being offered in the Skiza Program*) .
An independent artist can organise their own distribution and can receive up to *90%* of the sales value, after an initial one off payment to organise the uploads (See links below), but will have to pay all the promotional/advertising costs etc. themselves.
Read more: http://wiki.answers.com/Q/How_much_does_iTunes_pay_an_artist_for_a_song#ixzz...
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participants (3)
-
bernard kioko -
ndungu stephen -
TheMburu George