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  3. An Africa-focused music download service raised $6 million from its IPO to help pay artists
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business

An Africa-focused music download service raised $6 million from its IPO to help pay artists

qz.com/africa...

submitted almost 6 years ago by taya

An Africa-focused music download service raised $6 million from its IPO to help pay artists

submitted almost 6 years ago by taya

An Africa-focused music download service raised $6 million from its IPO to help pay artists
  • Martin Nielsen created Mdundo, a music download site in Kenya, to provide a legal alternative to illegal music downloads that many locals were using.
  • The platform allows users to download music for free while listening to short ads, and it shares ad revenue with artists, helping them earn from their work.
Read more on qz.com
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