PUTRAJAYA, March 17 — Application for the Music Industry Digital Content Fund (DKD) under the MyCreative Ventures Sdn Bhd will open from March 23, Communications and Digital Minister Fahmi Fadzil announced in a statement today.
He said the Music Industry DKD was introduced in line with the government's commitment to elevate the creative, art and cultural industries.
The DKD application can be made at www.mycreative.com.my/dkd.
"I am confident this fund will open up more opportunities for players in the business post Covid-19 pandemic, to produce high-quality creative works that are able to compete locally as well as penetrate the international market," Fahmi said.
A total of 13 recipients had been given letters of acceptance for the Music Performance Fund under the Music Industry DKD 2022 initiative amounting to RM3.3 million.
Three licencing bodies, namely Music Authors Copyright Protection (MACP) Bhd, Public Performance Malaysia (PPM) and Recording Performances Malaysia (RPM) Bhd also received payment for the usage of copyrighted works from the government amounting to RM2.18 million.
Yesterday, the Communications and Digital Ministry (KKD) for the first time organised a music industry town hall session at Kuala Lumpur Performing Arts Centre (klpac) which was attended by over 500 music enthusiasts and key players in the industry.
The minister said the town hall session was the first step to bring together stakeholders from various levels of the industry to discuss and identify initiatives that have the potential to help the country's music industry grow as well as resolve related issues.
"KKD is determined to build a conducive ecosystem to support the creative industry.
"It is important to have continued cooperation with music industry players and enthusiasts to drive the country's creative industry to a higher level," he said.
— Bernama
