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This page of our newsletter updates you on the happenings of the month from the world of music, artistes, the world wide music industry and related news on the Indian Music Industry. We have compiled pages from the available internet data sources to let our readers know the most happening and relevant news.

TORONTO (CP) - For more than two years, Sathish Bala dreamt of the day when thousands of South Asian-Canadian music fans would be dancing to the sounds of their favorite homegrown South Asian band at a Canadian venue.

It all came together this weekend for Bala, a businessman by day, DJ by night, as the sound of the dhol reverberated through downtown Toronto at Desifest, the first ever South Asian Canadian music festival in Canada. click here to read more.

Data Source - Noor Javed, Canadian Press

According to IMI's Savio D'Souza, "Most of the national label target the 40 major cities of India. There are innumerable minor and independent labels that people aren't aware of. Many of them even produce albums in regional languages. For the major labels, shlokas and mantras sell the most since they cater to the upper middle class of the population. The other labels, who target the lower strata of society, know that bhajans and kirtans on the cassettes sell the most."

IMI gets just 5 per cent in revenue and 15 per cent in volume from religious music. Of the total Rs 4 - 5 billion music business in India, religious music accounts to Rs 250 million only and makes up for 10-15 per cent of the market share presently. click here to read on

Data Source - Indiantelevision.com Team, (21 May 2007 6:25 pm).

Data Source - Sanjeev Ramachandran / Chennai/ Thiruvananthapuram May 28, 2007

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