Ankur Patel has joined music and tech platform Venice Music as its Chief Business Officer.
At Venice, co-founded by Troy Carter and Suzy Ryoo, Patel will focus on driving the company’s sustainable growth and scale strategy as it aims to accelerate towards a new model for the independent music ecosystem, says Venice.
Prior to joining Venice, Patel was an executive at music technology company Splice, most recently serving as Vice President of Strategy and Corporate Development, overseeing M&A, commercial partnerships, and internal strategy.
During his time there, Patel helped spearhead nine acquisitions, bringing in-house creators, music catalogs, and technologists to Splice’s subscription business and technology portfolio.
He also helped strike strategic partnerships with the likes of Adobe, TikTok, and Spotify-owned Soundtrap.
Patel joins a growing list of recent executive hires at Venice.
In February, Beth Cherry joined the company as its Head of Streaming, UK.
Isobel Kelly also joined as Head of Alt/Pop Streaming US, while Jamal Jimoh was named Head of Hip Hop/R&B Streaming (US).
“I’m extremely excited to be joining Venice at such an important time for ownership and independence in art.”
Ankur Patel, said: “I’m extremely excited to be joining Venice at such an important time for ownership and independence in art.
“The most successful companies impact culture and create sustainable economic wins for artists and Troy and Suzy have built this company with that very ethos in mind.
“I’m thrilled to partner with them to push their vision forward and to scale a company that can redefine the economics of the industry through artist ownership and community participation.”
“Ankur is a proven executive who brings business strategy and leadership to Venice.”
Troy Carter, added: “Ankur is a proven executive who brings business strategy and leadership to Venice at a time when the music industry is rapidly evolving.
“His experience in re-defining value for artists, scaling technology companies, and finding the balance between music and tech make him the perfect fit for what Venice stands for. ”
“People are at the heart of what we do.”
Suzy Ryoo, said: “People are at the heart of what we do and we couldn’t be more thrilled to be bringing Ankur on board as Venice enters an exciting new chapter.
“Ankur is a mission-driven leader with a track record of innovating in music through technology.
“Adding his leadership will help take Venice and the success of its partners to the next level.”Music Business Worldwide