An act for the overall music industry will be formulated in two years, said Communications and Digital Minister Fahmi Fadzil.
Speaking to reporters after the Communications and Digital Ministry monthly assembly in Putrajaya yesterday, he said there is no music industry act and the matter is being studied including the relevant aspects to regulate the industry and marketing.
“We expect the drafting process to take time, nonetheless there is an effort to delve and provide some appropriate policies and benefits and meet the needs of the music industry,” he said.
Fahmi (above) said his ministry agreed to enact a music act after getting the views of various parties including music industry activists.
According to him, in the last MyCreative Ventures town hall session, one issue was the effort to bring local creative products to the international level.
Asked if the act also involved the issue of artistes’ royalties, Fahmi said it did not since that issue is overseen by the Domestic Trade and Cost of Living Ministry.
“We are still at an early stage so it is difficult for me to say what it will look like. But we have accepted some suggestions from a number of parties as an example to create a body that can control the music industry,” he said.
Fahmi said a body that can regulate or help the music industry can hone talent, help the marketing aspect and ensure the sustainable growth of the ecosystem.
Meanwhile, he said as of 2022, MyCreative has succeeded in developing over 10,000 individuals and creative businesses, as well as supporting over 30,000 jobs in the creative industry through a fund of RM447.7 million and loans totalling RM558.45 million have been approved.
He said since its inception until now, MyCreative has raised various art forms and creative activists through strategic and innovative investments, as well as providing a dynamic platform.
At the ceremony, Fahmi presented a Digital Content Fund of up to RM50,000 to 10 individuals who created National Day and Malaysia Day-themed songs or patriotic songs with a national theme in various types of music and genres.
The 10 recipients were shortlisted from 53 applications received after going through a rigorous screening process.
- Bernama
An act for the overall music industry will be formulated in two years, said Communications and Digital Minister Fahmi Fadzil.
Speaking to reporters after the Communications and Digital Ministry monthly assembly in Putrajaya yesterday, he said there is no music industry act and the matter is being studied including the relevant aspects to regulate the industry and marketing.
“We expect the drafting process to take time, nonetheless there is an effort to delve and provide some appropriate policies and benefits and meet the needs of the music industry,” he said.
Fahmi (above) said his ministry agreed to enact a music act after getting the views of various parties including music industry activists.
According to him, in the last MyCreative Ventures town hall session, one issue was the effort to bring local creative products to the international level.
Asked if the act also involved the issue of artistes’ royalties, Fahmi said it did not since that issue is overseen by the Domestic Trade and Cost of Living Ministry.
“We are still at an early stage so it is difficult for me to say what it will look like. But we have accepted some suggestions from a number of parties as an example to create a body that can control the music industry,” he said.
Fahmi said a body that can regulate or help the music industry can hone talent, help the marketing aspect and ensure the sustainable growth of the ecosystem.
Meanwhile, he said as of 2022, MyCreative has succeeded in developing over 10,000 individuals and creative businesses, as well as supporting over 30,000 jobs in the creative industry through a fund of RM447.7 million and loans totalling RM558.45 million have been approved.
He said since its inception until now, MyCreative has raised various art forms and creative activists through strategic and innovative investments, as well as providing a dynamic platform.
At the ceremony, Fahmi presented a Digital Content Fund of up to RM50,000 to 10 individuals who created National Day and Malaysia Day-themed songs or patriotic songs with a national theme in various types of music and genres.
The 10 recipients were shortlisted from 53 applications received after going through a rigorous screening process.
- Bernama
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