Tuesday, January 25, 2011

Inside the Music Industry

Really enjoyed the 48 hours I spent at my first MIDEM.

It was fascinating to be inside the music industry for a few days, meet really interesting people and see how the landscape is changing.

I really learned a lot talking to smart people like Vince Bannon and Ted Cohen who have seen every shade of the industry in the last 20 years, Denzyl Feigelson who has helped Steve Jobs re-architect the industry with iTunes and Mat from Metric who is creating a new way for bands to get born and built in the digital age. I also met some really cool companies like Echonest, Topspin, etc

At Index, having invested in Listen.com (Rhapsody) and Last.fm (CBS), we continued to invest in music - focussing mainly on two themes around how fans experience and enjoy music:
  1. live: Songkick and Viagogo
  2. listening: Doubletwist, rjdjSonos and Soundcloud
People love music, they always have done and as the industry changes, driven by the web and new technologies - we continue to think its a really promising area to be in.

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