The two biggest mobile telecommunication
operators in the country, MTN Nigeria and Globacom, generated over N9bn
for the local music industry in 2014 through the monetisation of caller
tunes.
While MTN generated over......
N5bn for the
Nigerian musical artistes who sell their contents as caller tunes on its
platform, Globacom is said to have brought in about N4bn.
The money generated for the industry was
in form of royalties paid to music artistes who served or are still
serving as brand ambassadors to the two telecoms companies in the year.
Culled - Punch
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