The House of Representatives has given assurances that it’s going to be certain that the late Ilerioluwa Aloba, popularly referred to as Mohbad, receives correct compensation and royalties from his music.
The Chairman of the House Committee on Justice, Hon. Olumide Osoba, made this dedication throughout an interactive session on the rights and royalties associated to Mohbad’s music.
This was sequel to a movement of pressing public significance earlier moved by Rep. Babajimi Benson (APC-Lagos) to safe the royalties of Mohbad’s tune.
Hon. Osoba emphasised the importance of securing compensation and royalties, acknowledging that these funds are important sources of revenue for musicians.
He mentioned that such will allow artists to maintain their careers, create new music, and construct a future inside the trade.
He nonetheless, mentioned that the present system typically falls brief in adequately defending and offering for younger musicians regarding their royalty rights.
Read Also: House Seeks Justice for the Late Artiste MOHBAD
Hon. Osoba added that many rising artists face challenges when negotiating honest royalty agreements, notably when coping with main document labels, which frequently wield vital energy and might impose unfavorable phrases, leading to artists receiving solely a fraction of the royalties they deserve.
“It is crucial to recognise that young musicians are often not well-informed about their rights when entering into contracts,” Osoba mentioned.
He additionally mentioned that the data hole locations artists at a drawback, as they might not totally grasp the advanced authorized intricacies surrounding royalty rights.
He mentioned the duty rests on society to bridge the data hole and be certain that younger musicians are conscious of their rights whereas getting access to authorized help that safeguards their pursuits.
According to him, to handle these points, it’s important to work in direction of implementing stronger rules and help methods inside the trade.
This contains advocating for extra clear and standardized contracts for all artists, no matter their age or expertise, to degree the enjoying discipline and forestall the exploitation of younger expertise.
He additional mentioned that efforts must be made to supply accessible authorized recommendation and help to younger musicians by organizations, unions, or academic packages.
He additionally mentioned that equipping them with the data and assets wanted to grasp and negotiate contracts will empower them to guard their rights and safe honest compensation for his or her artistic contributions.
“Additionally, there is a need to adapt the music industry to the digital age. While digital streaming platforms have revolutionized music consumption and distribution, young musicians often struggle to earn a substantial income due to outdated royalty structures.
“Advocating for revised royalty models that accurately reflect the value of music in the streaming era is essential.”
Hon. Osoba famous that the committee is dedicated to this duty, including that they’ve requested related info concerning the circumstances of his dying and the measures in place to safe his royalties and different advantages.
This he mentioned is with a deadline of subsequent week to expedite their motion on this task.
Adding that the committee additionally welcomes some other info or challenges hindering the implementation of the rights and royalties of musicians.
He mentioned the committee will be certain that the rights of younger musicians concerning royalties is of paramount significance. 1
He mentioned that collective efforts must be made to ensure that they obtain honest compensation for his or her onerous work and inventive contributions.
This based on him is by selling transparency, training, and alter inside the trade, a future will be created the place younger musicians have a good likelihood to thrive and construct sustainable careers.
It could be recalled that Mohbad handed away on Sept 12, beneath mysterious circumstances.
