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Entertainment of Monday, 30 October 2017

Source: Gifty Manye

Ghana's music industry hasn't enticed banks for investment - Bulldog

Bulldog Bulldog

CEO of Bullhaus Entertainment, Mr. Nana Asiamah Hanson known aka Bulldog says Ghana’s Music Industry hasn’t done enough to entice investments from banks.

He made this statement on GhOne TV’s ‘Biz Trends’.

When asked by the host Enyonam K. McWonder, whether the music industry is worth for banks to invest into. He clearly stated that he believes the music industry hasn’t been able to make a case to the financial institution hence he wouldn’t blame them for not investing.

Bulldog added that he will never take a loan to run his business since he manages his funds very well.

Again when asked how much and what it takes to own a music producing studio, he responded by saying, it doesn’t take too much big space with very heavy machines to own one since technology has made it simple for them now because all its takes is a laptop plus all the software’s and you good to go.

He however cautioned the young music producers to venture into the business with lot of passion, professionalism, creditability and not with too much expectation of making money.

He lamented most both music producers and artist are not able to make profits on money they invested into the business because the industry lacks proper structures that would enable them to rip from their investment which is sometimes very frustrating.

He said it rather sad that, the music industry isn’t considered serious as other sectors after all the income the industry is contributing to the economy hence he called on government to take a second look at the music industry since it provide lot of job for the youth.

About Biz Trends

Biz Trends is a 30 minutes business talk show airing on GHONE TV every Tuesday between 5-5:30pm. Entrepreneurs from different sectors are featured and engaged in very exciting conversations highlighting the challenges, failures, and risk they were confronted with but managed to succeed amidst all this. The interview also touches on services provided by these entrepreneurs as well as using the platform to enlighten startups who intend to venture into such line of businesses.