Have you heard that kitsch Punjabi song 'Kaala Chashma' that is going viral from Spain to Africa? Who do you think should ideally get royalties for it: the Punjab Police cop who wrote it; Bollywood star Katrina Kaif, who danced to it, mainstreaming it; or the Pakistani dance troupe that popularised it through its YouTube channel?
More importantly, have you thought of paying for listening to it?
A team of researchers (colleagues of mine at the think tank, ICRIER) have studied India's music habits and markets (https://bit.ly/3LynsRa). An average Indian listens to 21.9 hours of music in a week as against the global average of 18.4 hours. Music is a big part of our quotidian lives. Most of us who grew up in the Doordarshan era, or before that the All India Radio or BBC era, associate 'khabrein' or news with the signature tunes of these broadcasters. Younger people too probably have some other contemporary music motifs in their everyday lives. People trained or untrained in music play instruments and sing in temples, gurudwaras, churches, and dargahs. Same in weddings and other cultural celebrations and gatherings. In planes, cabs, restaurants, or elevators, there's music, including pipe music, everywhere.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Bad ideas, F&O trading and the market
Find out the mindset required to find success in F&O trading
Licence Raj Redux?
The import policy changes might take us back to the days of License Raj
How to do magic
Getting great equity returns sustainably only looks like magic, it actually isn't
Data protection and cyber security
The increasing need for cyber security is opening up investment opportunities
"Buying is dependent on pricing but not on timing"
Insights of a fund manager at PPFAS Mutual Fund
Pro vs Amateur
Can amateur stock investors be better than pros? Yes! Here's how
The dimming of Brightcom
Shedding light on irregularities at the Brightcom Group
First tryst with profitability
Find out if food aggregators have found a cure to their loss-making curse
Have We Crossed The Peak Of Inflation?
Find out if the present macro scenario calls for tweaking your portfolio strategy
Tomatonomics
The humour, the stories and what could have been done about tomato inflation