DOST study finds majority in music industry have salaries below P20,000

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Music Industry News

DOST,Philippine Labor,Business

Local artists practice 'sariling sikap' since they do not get government intervention and support in music training, marketing, and promotion, says the DOST-funded Musika Pilipinas project

This is AI generated summarization, which may have errors. For context, always refer to the full article.Local artists practice 'sariling sikap' since they do not get government intervention and support in music training, marketing, and promotion, says the DOST-funded Musika Pilipinas project

Around 6 in 10 Filipinos involved in music creation, production, distribution, and consumption are college-degree holders, and most of them are freelance artists, the survey found. One of the biggest problems of Filipino musicians is lack of intellectual property rights protection, and Chua recommended “urgent action” that would create a “centralized music coordinating council” that will address this and other problems of musicians and other music industry stakeholders.

South Korea’s creative sectors employed over 600,000 people in 2021. Its creative economy generated $12.4 billion in export revenues the same year, growing at 4% to 5% annually, the UNCTAD said. Revenues from South Korea’s creative sectors were more than twice its consumer electronics exports of $4.7 billion.

 

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