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Mdundo wants to be the Spotify of Africa

Read More The philosophy is exactly the same, he tells CNN Business. We believe that if you create a product that is interesting enough for the user, they will move away from the illegal stream, and you can start making much more money for the music industry and the rights owners than ever before. But he believes his business has a model better-suited to the continent. We don t think that the product that Apple and Spotify are offering is the right one for the mass market in Africa. That s why we re doing it in a different way, he says. Free downloads

African startup aims to become the Spotify of Africa

African startup aims to become the ’Spotify of Africa’ By Chad Williams Share Cape Town - An African startup says it wants to become the continents’ largest music streaming service, and afford artists the opportunity to garner streaming revenue and royalties. According to a CNN report Mdundo, a Kenya-based platform set up in 2013 by Danish expatriate Martin Nielsen, provides access to the continent s favourite music to more than six million monthly active users. The service has over 20 million monthly downloads and streams via its website and application. It is available throughout the continent, although until recently it focused mainly on East Africa.

Mdundo wants to be the Spotify of Africa

Mdundo wants to be the Spotify of Africa CNN 12/18/2020 By Nell Lewis, CNN Business © Mdundo Martin Nielsen (left) founded music platform Mdundo alongside Frances Amisi (right), a Kenyan rapper popularly known by his stage name Frasha. African music has exploded onto the world stage in recent years, but its streaming platforms lag behind. That means African artists are missing out on streaming revenue and royalties. According to the International Confederation of Authors and Composers, its African members only collected €72 million ($88 million) in music licensing fees during 2018, less than 1% of its global total. Mdundo, a Kenya-based platform, wants to help change this. Set up in 2013 by Martin Nielsen, a Danish expat, it provides access to the continent s favorite music to more than 6 million monthly active users. The service is available throughout Africa, though until recently it focused mainly on the East Africa region.

This startup wants to be the Spotify of Africa

Mdundo wants to be the Spotify of Africa CNN 12/18/2020 By Nell Lewis, CNN Business © Mdundo Martin Nielsen (left) founded music platform Mdundo alongside Frances Amisi (right), a Kenyan rapper popularly known by his stage name Frasha. African music has exploded onto the world stage in recent years, but its streaming platforms lag behind. That means African artists are missing out on streaming revenue and royalties. According to the International Confederation of Authors and Composers, its African members only collected €72 million ($88 million) in music licensing fees during 2018, less than 1% of its global total. Mdundo, a Kenya-based platform, wants to help change this. Set up in 2013 by Martin Nielsen, a Danish expat, it provides access to the continent s favorite music to more than 6 million monthly active users. The service is available throughout Africa, though until recently it focused mainly on the East Africa region.

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