The future of Nigerian music MyMusic.com.ng to launch next month

Will you pay N30 for a song with your phone credit? A group of young guys are starting a new music service called MyMusic.com.ng. Their idea is to offer a large collection of Nigerian music, both oldies and new school, on their mobile app /websites, price themat N30 per track, and allow people to pay for them with their phone credit. Founded by three friends, Tola, Damola and Dolapo who met in Babcock University years back, they say nobody has yet been able to solve the problem of digital music distribution in Nigeria. Continue...

According to Damola, though people who have the drive to steal music will continue to do so, their goal is to make stealing music more trouble than it’s worth by making digital music easy to find, purchase and reasonably priced. He believes the vast majority of people will choose to buy rather than steal.

Meanwhile, Nigeria has over 110m phone users and about 48m Internet subscribers. Their phone billing works in 80 countries including the UK, USA and Canada and their website also accepts credit card payments

Damola says, “The startup environment in Lagos is buzzing at the moment. The world needs to come here and see what people are doing. People are proffering solutions to various problems ubiquitously and I am sure that startups will be the next economic giants in Nigeria in the nearest future. The population is massive and this is just the beginning.Upcoming entrepreneurs should know that the only thing standing between them and their goal is the story they keep telling themselves as to why they can’t achieve it. ”

Can this reduce piracy in the music industry?

Watch their CNN feature here - http://www.youtube.com/watch?v=kkZmO7Yl5Qs

You can pre-register for a free account at: www.mymusic.com.ng

The Team withthe Head of Facebook Africa, at the Facebook EMEA Headquarters in Dublin

The team with the Lord Mayor of Dublin Oisín Quinn

At the Web Summit last year