Banky W, one of the speakers and panelists at the on-going NECLive 4, has disclosed that the structure of the music business in Nigeria needs a lot of fixing.
While sharing his thoughts on ‘Content Marketing: The Power of Music, Comedy & More,’ the Samsung ambassador said, ‘I think that the structure of the music business in general needs a lot of fixing in Nigeria. We all need to come together and fix the structure. Everybody in the industry value change.
‘Yes the artistes record, the producer should be getting money on the back-end. They should be getting royalties for every of their music that’s played. I always like to use 9ice’s Gongo Aso album as example. In my opinion, it’s one of the albums that’s ever come out of Nigeria in our history. I think the producer that worked on it, Id Cabasa should be getting royalty from the album. His children’s children should be eating from every music he has produced.’
