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AFROBEATS MADE $100M IN 2023 BUT ONLY 2% OF THAT REVENUE REACHED NIGERIA

Mag Rodriguez, the CEO of EVEN, a direct-to-consumer music platform has revealed interesting statistics about Afrobeats music and its revenue.

Mag in an interview with Earn Your Leisure Podcast revealed that Afrobeats made $100 million worldwide in 2023 but a measly 2% of that revenue went to Nigeria.

This has left us asking about the percentage that went to Ghanaian artists.

 

 

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