The recent 2023 Music Biz conference in Nashville, Tennessee, has been a constant topic of discussion, specifically addressing the topic of the technology ecosystem and its impact on everything from intellectual property to the economy. I was.
To David Benjamin Decristofaro
The conference will have a showroom element with various major record labels (Universal Music Group, Virgin Records, Capitol Christian, Bethel Music) in attendance, along with data company Luminate and powerful streaming platforms such as Tidal, Spotify and SoundCloud. I had a great panel presence. The conspicuous absence of major talent agencies and live promoters raises interesting questions about the historically slow adoption of technology and the application of data, and a presentation by Ticketmaster representatives highlighted the value of both and how the company will The reason for expanding the business was reconfirmed. mine again.
The event’s panel discussions were more hit or miss than other similar events, and in fact I would say it was the second best overall conference of the season after SXSW in terms of panelists and conversations. thinking about. The biggest challenge was that the schedule left little room for a breather between the talks I had to attend, but that was my biggest strength and the most topical one facing the evergreen side of the music business today. We were able to have meaningful current and future dialogues with expertise on some of the issues.
Here’s what stood out at Music Biz 2023:
non-stop quality
The event, which was largely limited to members of the Music Business Association, brilliantly captured the trap such a funnel would create, creating a limited, siled flow of information worth the price of admission. Avoided. Instead, a robust environment awaited attendees.
Most panels had at least two or more voices with industry-leading expertise, providing insight into the current situation while predicting future trajectories. Not all panels hit like that, but most hit just like that. The only significant weaknesses that were apparent were some moderators and the occasional panel discussion in a smaller space suited to a larger stage room, and the lack of non-musical, business-focused topics and programming in the schedule compared to other events. It was a little mixed.
You may be wondering if an event in Nashville can compete with events like Los Angeles and Austin, but Music Biz has answered that question definitively, and will continue to spread the word about music throughout the rest of the region. It has established itself as a key music industry event to guide the conversation. This year’s.
Highlights and standouts include an overall successful event under the leadership of the Non-Profit Music Business Association and Chairman Dr. This includes presentations, quality panelists through SoundExchange, and more. Anjula Singh, Soundcloud, Tracy Chan, Shauna Alexander, and numerous agencies and organizations.
artificial intelligence was a big topic at this year’s Music Biz, where RIAA Chief Operating Officer Michelle Ballantyne and NMPA Executive Vice President and General Counsel Daniel Aguirre discussed the impact of current technologies such as generative AI and the rights of music creators. and its impact on policy. AI-generated content and the music industry Story. Similarly, SoundExhange’s Anjulah Singh, Why does the music industry need more metadata integration? and Everything You Need to Know About Neighboring Rights panel.
a Backstage Pass: Analyzing the Future of Live Musice Lecture delivered by Dave Brooks, Senior Director of Live + Tour at Billboard, features key insights from the data side of live music presented by Fabrice Sargent, co-founder and managing partner of Band in Town was given. Other data highlights include: Music in the Metaverse and Beyond: Moving Forward in Full Steam?, Presentation of Physical Product Consumption Dataand From sync to streaming In addition to presentations by Luminate, we also got to try out Chartmetric’s vibrant activations, where people came together to connect and collaborate, and the recently acquired and relaunched OneSheet EPK generator for artists.
The need for more detailed metadata and metadata integration in music is also a common theme in programming and provided one of the best moments in the following Q&A. The good, the bad, the ugly: how technology is reshaping the music publishing landscape The panel asked what is the best combination of existing technologies for identifying and tracking intellectual property across an artist’s digital and virtual space. Chris McMurtry, Pex’s vice president of product and head of RME, and Steven Ambers, a CPA, responded briefly.
“An open, clean database and a fingerprint to track the voice associated with that data,” McMurty said. “It’s absolutely incredible that MLC has made the data available. Adding our fingerprints to that data is making a huge impact.”
“It’s a combination of fingerprinting and attribution of the underlying work,” Ambers added. “I agree with Chris from the very beginning. Now we can take the nucleus out of things and identify the nucleus early on and see it through to the end.”
Another great Q&A moment happened during the session that provided insightful and thorough answers. Redefining Web3, Podcasts and Other Music Licensing panel. Courtesy of Vicki Naumann when electronic artist Grimes was asked about an offer to distribute half of her royalties to whoever created her AI music based on her.
“I have a feeling that artists will start coming up with really broad approaches with AI,” Naumann said. “More and more artists are interested in it and see it as an extension of their creativity and efficiency.”
UMG Continues Startup Support
Universal Music Group is an industry leader in working with music technology start-ups to create a participatory ecosystem that finds new ideas, features, capabilities and a clearer path for new businesses to work with music industry giants. has maintained its presence as
Their Music Biz program kicked off with a startup bootcamp moderated by Dmitri Vietze of Rock Paper Scissors PR and Music Tectonics.There, Bill Gagnon, Senior Vice President of Digital Innovation, and Cristina Pimentel, Director of New Digital Business & Innovation at UMG Digital Innovation, will discuss the label’s digital innovation program and strategy, and how UMG works with startups around the world. Latest information
Following this presentation, hand-picked speakers (including experts such as CrossBorderWorks’ Vicky Naumann) will provide an overview of the top trending categories in music and music technology, and an open forum with leading music technology advisors. It provided Q&A and an opportunity to connect with others. We provide investors of all backgrounds with insights, tips and best practices for approaching fundraising. The day capped off at the music industry mixer, where creative insights and strategies were shared in conversations that filled the room.
The best things about music biz
What impressed me most about this conference was the strength of the outstanding panelists and their contributions to conversations on important topics, the competitive quality of the schedule, and the facilitative efforts of companies such as UMG and The It was a built-in gathering space. Orchard, Virgin Music and Warner housed his WMX. In the lobby downstairs, the hustle and bustle of the Pollstar Live! However, unlike his 2023 edition of the former, the latter was in the subcontext of competitive participation in the panel room.
It also featured some excellent off-site day mixers after the event, although there were several mixers scheduled at the same time each night, often focusing more on appearances than on attendance. Nonetheless, in addition to the UMG event wisely held locally, Downtown Music held a very focused gathering of music and tech luminaries, along with delegations from Virgin and Iceland. held a prominent conference in
I think the best thing for music is that the new XR opportunity opens up possibilities for artists with labels like Bethel Music, services like The Orchard, platforms like Tidal, and it’s also doing that from an engagement perspective. It has expanded the possibilities of what it means to an artist. with people’s daily lives. Suffice it to say that it’s an exciting prospect to see these moments emerge from our conversations on Music Biz, and it will be interesting to see what grows from them and how they impact the music industry as a whole. I guess.
David Benjamin Decristofaro He is a recent “recruitable” graduate with national success as an award-winning student in music business, technology, marketing and economics at the College of the Arts and Berklee College of Music. While in school, he met with members of Congress to advocate for the Recording Academy, worked with some of the music industry’s biggest artists, tours and festivals, and worked with NARAS, Capitol Records Innovation Center, Fender, Bose, Musicaires, and Spotify. , Republic Records. He has been an international speaker at universities and conferences. He spent his time writing journalism articles on the immersive and fan experience ecosystem during the pandemic, researching new ticket his models and solutions, while also contributing to USA Today SMG.