Rajanee_Progress_Report_V1
Transcript of Rajanee_Progress_Report_V1
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8/7/2019 Rajanee_Progress_Report_V1
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Submitted By: Rajanee MaharjanACE
Trimester VI
Promotional Management
BACKGROUND
INTRODUCTION
Under the Industry Act of the Government of Nepal in 1982, Music Nepal Pvt. Ltd began
its journey as the pioneering private music company in Nepal with a capital of two hundred
thousand rupees (Approx. US$ 15000). 28 years of quality service, continuous involvement and
sincere dedication this company is establish itself as the leaders in the music business of Nepal.
When this company started in 1983, it was the first private recording and music publishing house
of the country. As the pioneers in commercial music business, Music Nepal Pvt. Ltd has been
continuously playing an important role of strengthening the music fraternity of Nepal by
strengthening the copyright situation in Nepal by establishing the first copyright protectionsociety of Nepal. It also became the first music company to run a FM station and pay royalty to
the artists whose songs are played on the FM radio.
Music Nepal is not just another music company but it is the brand tagged as the biggest
music company of Nepal. It is equipped with the state-of-the-art technology and engineering that
defines the modern day music whether it be for recording or duplication. Breaking conventional
methods, Music Nepal has always tried to embark upon new ideas, incorporating new
innovations & technologies. For instance, the concept like digital sales was first initiated by
Music Nepal and which was later followed by other companies. Music Nepal was the first
company not only in Nepal but in the entire South Asia to introduce a digital loop dubbing plant
and acquire license from multinational music companies like Polygram, RPGML (HMV) and
Magna sound for sale representation in Nepal. It was also the first music company in this region
to be featured in Asia Who is who a documentary program broadcasted by NHK Television
of Japan.
Today, Music Nepal has alliances with more than 200 other music companies for the digital
marketing of songs, videos and personal ring back tone (PRBTs) which accounts for three
quarter of the market of domestic and foreign music in the country. It also hosts the largest
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Submitted By: Rajanee MaharjanACE
Trimester VI
Promotional Management
number of music and related content which includes songs of different genres in different
languages, different types of instruments and their information. The music bank as it is often
referred consists of more than 25000 copies of original songs in digital format from various
artists and musicians. This catalog of songs encompasses for more than 90% of the total Nepali
songs from almost all the past and contemporary Nepali artists. With such vast resources of
Nepali music, Music Nepal has managed to keep on par with this reputation by providing a one-
stop solution for all digital audio, video music needs and demands, and all information that
matters.
In its pursuit for its musical excellence and applied research in Nepal, Music Nepal has also
founded its own formal music school and research center named Nepal Music Center in
Kathmandu, the capital city itself. Perhaps, it is for these contributions, for its continued and
conscious effort to Nepali Music fraternity that this company has been decorated with the
Goldstar International Award for excellence in quality.
OUR VISION:
Our vision is to make Nepali music commercially competitive in the international music
market by encouraging creativity and enhancing competency through education so that music
becomes a dignified career for the gifted and a source of income for the country.
OUR MISSION:
Our mission is to stimulate Nepali musical life and to establish music as a profession
financially rewarding to all the stakeholders. We will achieve our goal by:
1. Encouraging creations and protecting them.2. Practicing just distribution of income.3. Ensuring quality of content and delivery mechanism.