Online music streaming platform Mdundo has paid Sh60 million, which is over half of their total revenue for a six-month period to December 2022, to rights owners out of which approximately 40 percent was paid out to Kenyan content owners.
During the period, the firm booked Sh115 million in total revenue, translating to an almost two-fold jump compared to a corresponding period the previous year with unique monthly users growing 15 percent to 23.4 million.
