{"id":107670,"date":"2024-03-28T14:09:02","date_gmt":"2024-03-28T14:09:02","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally"},"modified":"2024-03-28T14:55:06","modified_gmt":"2024-03-28T14:55:06","slug":"gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally","title":{"rendered":"Gvt out to boost music as revenue hits 72.9tri\/- globally"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>TANZANIA:<\/b> AS global music revenue hits $28.6 billion (approximately 72.9 tri\/-), the Ministry of Culture, Arts, and Sports has reaffirmed its commitment to support locals to seize the lion\u2019s share from the rapidly growing industry.<\/p>\n

The latest International Federation of the Phonographic Industry\u2019s (IFPI) Global Music Report 2024 indicates that music revenues climbed by 10 percent to $28.6 billion last year, with Sub-Saharan Africa (SSA), where Tanzania is located, recording 24.7 per cent growth.<\/p>\n

Speaking exclusively to the \u2018Daily News\u2019, the Director of Arts Development in the Ministry, Dr Emmanuel Ishengoma, stated that the government is creating an enabling environment to ensure that music producers, composers, writers, singers, and all involved in the chain reap big amid the on-going technological changes that have subsequently transformed the industry.<\/p>\n

\u201cThe world is moving into digital, especially in production and distribution of music… and it is our responsibility to ensure that stakeholders are benefiting from the changes,\u201d Dr Ishengoma said.<\/p>\n

He added that in 2022 and 2023, the government, in collaboration with the Muzic in Africa Foundation, held an \u2018ACCES\u2019 forum which brought together famous musicians in Tanzania to link them with international markets through digital platforms. In 2022, according to the director, Tanzania\u2019s government made legal reforms in the Copyright Act No. 7 of 1999 to allow music stakeholders to collect royalties and distribute them accordingly.<\/p>\n

Commenting on the report, the IFPI Director for Sub-Saharan Africa, Angela Ndambuki, said the strategic investment by the record companies over the years in the region has propelled the growth of the region\u2019s recorded music industry.<\/p>\n

Citing the dossier, the director added that streaming numbers have grown year on year and the potential of the region is promising, especially with the spectacular performance of African artists on the global stage.<\/p>\n

\u201cThere must be concerted efforts by stakeholders including government, users of music, and industry players to work towards improving policies and compliance to grow the region\u2019s music business. This is Africa\u2019s moment; we must not lose the momentum,\u201d she insisted.<\/p>\n

The sustained growth of the recorded music market, according to IFPI\u2019s Chief Legal Officer and Interim Joint Head of IFPI, Lauri Rechardt, is encouraging, but it\u2019s also important for us to acknowledge the challenges the industry faces, including streaming fraud, digital piracy in all its forms, and, of course, the threat from the abuse of generative artificial intelligence if it is not developed responsibly and with respect for artists\u2019 and labels\u2019 rights.<\/p>\n

IFPI, the voice of the recording industry worldwide which represents more than 8,000 record company members across the globe, works to promote the value of recorded music, campaign for the rights of record producers, and expand the commercial uses of recorded music around the world.<\/p>\n

For More News And Analysis About Tanzania<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. TANZANIA: AS global music revenue hits $28.6 billion (approximately 72.9 tri\/-), the Ministry of Culture, Arts, and Sports has reaffirmed its commitment to support locals to seize the lion\u2019s share from the rapidly growing industry. The latest International Federation of the Phonographic Industry\u2019s (IFPI) Global Music Report 2024 indicates that music revenues […]<\/p>\n","protected":false},"author":84,"featured_media":107668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[6990,6991,711],"class_list":["post-107670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nGvt out to boost music as revenue hits 72.9tri\/- globally - Tanzania<\/title>\n<meta name=\"description\" content=\"TANZANIA: AS global music revenue hits $28.6 billion (approximately 72.9 tri\/-), the Ministry of Culture, Arts, a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gvt out to boost music as revenue hits 72.9tri\/- globally\" \/>\n<meta property=\"og:description\" content=\"TANZANIA: AS global music revenue hits $28.6 billion (approximately 72.9 tri\/-), the Ministry of Culture, Arts, a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-28T14:09:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-28T14:55:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2024\/03\/sm_1711621278.816351.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gvt out to boost music as revenue hits 72.9tri\/- globally\",\"datePublished\":\"2024-03-28T14:09:02+00:00\",\"dateModified\":\"2024-03-28T14:55:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\"},\"wordCount\":471,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2024\/03\/sm_1711621278.816351.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/gvt-out-to-boost-music-as-revenue-hits-72-9tri-globally\",\"name\":\"Gvt out to boost music as revenue hits 72.9tri\/- globally - 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