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Nigerian singer and guitarist, GT Da Guitarman has stated that artistes no longer make money from CD sales. He disclosed that over the years, artistes have found other ways of making money for themselves.
“I think the world has gone past the days when people are complaining about piracy and all, because at the end of the day, do people really buy CDs,” he said.
“The music industry has been able to create new ways of generating revenue for itself. The advent of telecoms has really opened up the market somehow.
“People make money from caller tunes and all of that. So, you just need to embrace the fact that CD sales would never be like the way it was back then.
“Every advancement in technology is to our own detriment somehow but also it’s a form of promotion. What is content providing to someone is promotion to the other.
“The worst thing that can happen to an artiste is not to be able to feed his fan base. So, some way somehow, technology is here to help us.
“The music industry is growing and there is room for improvement. We just need to look at how to monetise music more and create an enabling environment for the musicians.”