Asif Akbar is a very popular artist on social media. From personal matters to various social issues, he posts on social media at various times. This time he opened his mouth about current music and business on his verified ID.
In his Facebook post, he wrote, "I have worked in all dimensions of audio circuits for the past twenty-two years." Institutionally, the era of cassette CD has passed in 2010. Now the era of YouTube is also fading, a song does not even get a return of twenty thousand rupees for crores of views. The rat race of views by investing heavily in music videos is over for now. With music producers jumping in with their investments behind the drama, the sector is also fighting to the death. The days of the music business by injecting songs into dramas with emergency oxygen are over. All in all, professional audio producers in the music market have now been forced out, never to return.
He also said that the music market is dead because of the producers' desire to make quick profits and the mistakes of all parties involved in the music. Now some investment is coming in for amateur artists and seasonal producers. This disaster is mainly due to YouTube dependence. There are about two hundred apps or portals around the world where there are opportunities to sell music digitally, which companies have failed to reach. New investment capacity is also lost. Due to the legal weakness of copyright, two companies have a monopoly on the revenue of movie songs, and they are eating the whole thing. Everyone will understand that the last nail in the coffin of the music market has been completed when you see the audio market of the coming Eid.
At the end of the post, he said, Grameenphone has already announced that it has ended all involvement with the song. Due to the lawsuits of some overzealous artiste songwriters, other telcos have also shown no interest in growing their business in the music industry. In this gap, multinational companies will take over the music market. However, there will not be work opportunities for everyone except some limited artists. Unbridled investment in music videos has already left producers scratching their heads trying to settle accounts. After extensive research I can say with certainty that no audio company will ever stand up again. The war between the songwriters, composers, artists and producers will continue like a monkey pie, and this is the true destiny of the selfish artists of this country. I am quite well in the crowd of so many circuses. Alhamdulillah.
