International superstar Lady Gaga recently made it to local headlines after various religious groups staged pickets and rallies denouncing her. But beyond the controversy lies a bigger issue that is affecting the local music industry.
This Saturday (May 26), broadcast journalist examines how local government uses the amusement tax that artists pay to them and how these funds are used. Under R.A. No 7160 or the Local Government Code section 140, these amusement taxes shall be used to develop theaters, conduct workshops for local artists and the rest will be utilized by the municipal government.
So for every P15,000 ticket sold by Lady Gaga, for example, how much of this will actually benefit the Filipinos? How much actually went to the city government of Pasay? Who is the big winner whenever major concerts like that of Lady Gaga is staged in the country?
Watch Ted’s full report in “Failon Ngayon” this Saturday (May 26), 5PM on ABS-CBN. You can also catch the replay on ANC (SkyCable ch 27) every Sunday at 2 PM.