TBwoy to Start Sharing Royalties with Fans from 2023

[Image Source: Zambia Daily Mail]

By Kinyua Mwangi

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Kwacha music award winner TBwoy T Bizzy has shared good news to all his Zambian music fans in regard to music royalties. The ‘It Could Be You’ hit maker says that his plan is to share his music royalties with his fans by 2023, a concept he is borrowing from American artists.

He explains that fans will buy shares before he releases an album. They will have up to 40 % stake which they will get back once the album sales are complete. TBwoy says his fans are shareholders and as such, the 40% stake will help them.

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“By 2023 we will be sharing royalties with our fans, this is how it's going to work, before the album comes out we post the cover and fans buy shares in it up to about 40 % so whatever monies come 40% go directly to the fans who are shareholders of that particular project.

“That 40% is shared according to the investment each puts in. Sounds interesting right LOL so better mupushingiletu manje osati kunikonda mu 2023,” he wrote.

If implemented, TBwoy will be Zambia’s first artist to give his fans an investment platform. Excited fans thanked him for the good thoughts TBwoy had for them.

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“By then a lot of artists will imitate from you, cause you know it's rear for someone who is on top and blessed by the most high to come up with such a good idea,” Zaga Man Banda said.

“This is great Idea. You will be the first of kind. To pay back to your fans. I look forward to this empowerment,” Mike Mulasikwanda said.