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Business News Labels & Publishers The Great Escape 2011 Top Stories
MusicTank to launch report at The Great Escape
By CMU Editorial | Published on Wednesday 11 May 2011
The fourth music business report from the University Of Westminster’s MusicTank has been written by Tony Wadsworth, Chairman of the BPI and the former Chairman and CEO of EMI UK & Ireland, and will be officially launched at The Great Escape in Brighton on Friday, where Wadsworth will give a keynote address.
The report puts record companies under the spotlight, looking back at the record industry’s tumultuous last decade, and at how both major and independent record labels are evolving to cope with and benefit from the challenges and opportunities of the digital age. As well as bringing his own quarter century of record industry experience to the table, Wadsworth also spoke to the chiefs of various UK record companies to gather insights and opinions for his report, which will be published next Monday.
On Friday, at The Great Escape, Wadsworth will give delegates at the CMU-programmed music business convention an overview of his report, before joining a panel that will consider what the music company of the future will look like, where he will be joined by Cooking Vinyl chief Martin Goldschmidt and artist managers Iain Watt and Catherine Haridy.
Commenting on the report, John Reid, CEO of Warner Music Europe, who was interviewed by Wadsworth for his paper, told CMU: “The music industry continues to evolve and record companies are at the heart of that change – nurturing the latest talent, forging new ways to reach fans and creating exciting music experiences. Tony’s knowledge and insight means he is well-placed to explore these themes and articulate emerging trends too”.
Meanwhile Keith Harris, Chairman of MusicTank, commented: “I am delighted that Tony agreed to write this report for MusicTank and it will provide some food for thought about the way forward for recorded music”.
The report will be available for £45, including a year’s membership to MusicTank, from Monday, although if you pre-order by 5pm tomorrow you can get it for £30. More details at www.musictank.co.uk. Delegates passes for The Great Escape, which kicks off at 10.30am in Brighton tomorrow, are still available at escapegreat.com – you can check the full convention programme and CMU’s previews of the convention and accompanying festival at www.theCMUwebsite.com/thegreatescape
