ZSE listed hospitality player, Rainbow Tourism Group (RTG) is set to launch another digital platform to augment its offering to its customers on the main Gateway Stream digital platform.
Built for both musicians and users, “Gateway Stream Music” will allow users to access locally produced music while protecting the intellectual property rights of the musician, allowing the musician to collect revenue on their music as it is streamed.
As a prelude to the launch of the Gateway Stream Music app, RTG held a Music Empowerment workshop in Harare in October this year, with the aim of introducing the digital platform to local musicians.
The event was attended by musicians, producers, managers, and promoters, among them: Baba Harare, Willis Watafi, Kudzi Nyakudya, and the manager for Winky D- Jonathan Banda.
Speaking at the event, RTG Head of Business Information Systems Taremeredzwa Chipepera said:
“The concept of the Gateway Stream Music web and mobile application is premised on the need to empower musicians, build a legacy and take pride in being African by showing that we can create world-class products and initiatives that can compete globally.”
The online music streaming application due for launch this December offers a platform through which various artists, agents, record labels, and promoters can record, publish, stream, sell, share or market their music through a customized and personalized platform.
For the records made and distributed, Gateway Stream shall withhold a commission of 20% of the marked retail selling price of all work purchased on the platform. The model would be an inverse of the global music giant Spotify which collects revenue for streamed and downloaded music with the musicians paid 25% for their work.
The new digital platform will house over 15 000 Zimbabwean songs available and over 5 000 tracks from the onset. The application will allow artists to interact with their fans and share content in the same way as they would on Youtube, Facebook, Instagram and Whatsapp, the only difference being, it allows them to do all this in the same platform in which their music is streamed.
Gateway Stream Music enters a terrain in Zimbabwe that Cassava Smarttech’s Buddie beats has forerun in Zimbabwe. Gateway Stream Music hopes to leverage on Gateway Stream which was launched in 2018 and now has over 5 000 downloads
Gateway Stream super app now has several services and products including Hospitality, online grocery services, ride- hailing, with over 17 000 rooms across 16 African countries and 8 000 listed household and hardware and appliances. The ride-hailing service has a thousand drivers to date.
Gateway Stream is also payments integrated allowing users to pay online using local mobile money platforms and a number of internationally acceptable payment methods such as MasterCard, Visa card, Amex and other international cards. Other regional payment methods like Airtel Money, Vodafone mPesa MTN mobile money, M-Pesa, Tigo Pesa are also used.
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