Pandora founder and CEO Tim Westergren will give a keynote speech at Midem to discuss how streaming companies, labels and artists can work together on profitable music distribution models.
Which is interesting, because Pandora has been struggling recently. Westergren – who recently replaced Brian McAndrews as CEO – will be joined by Glassnote founder Daniel Glass and British artist Flo Morrissey for the talk in Cannes on June the 4th.
The keynote will explore trends in the music industry and how streaming companies, labels and artists can work together on profitable models leading to a “win-win-win” scenario.
Other topics covered will include unifying the full music experience – radio, on-demand and live music – under one roof, the use of data and tools to help artists grow their careers, fair sharing of revenue to content rights holders, and direct licensing with publishers and labels.
“The music industry is undergoing a massive transformation, but there’s never been a more exciting time to be an artist. Pandora intends to change the whole notion of what it means to be a working musician, and I’m eager to share what we’re working on with some of the smartest minds in the business at Midem,” said Westergren.
Morrissey, who released her debut album Tomorrow Will Be Beautiful on Glassnote Records in 2015, will provide an artist’s perspective on the debate. On moderating duties is Glass, whose independent music company Glassnote Entertainment Group represents Phoenix, Mumford & Sons, Childish Gambino, CHVRCHES, The Strumbellas, Tor Miller amongst many others.
“Streaming services have fundamentally changed the way people consume music in the last few years.
“Midem continues to be the premier forum to examine the evolution of the music business and I look forward to discussing the role of streaming now and in our future,” said Glass.
Jerome Delhaye, Reed Midem’s Entertainment Division Director, added: “More than ever, the music business is collaborative. Having a discussion on how streaming companies, labels and artists can work together gives a positive message to the international music ecosystem who will be coming to Midem to obtain the full toolkit to succeed in business. We are delighted to welcome such influential and representative leaders to share these best practices.”
Midem this year celebrates its 50th edition and takes place in Cannes, France, from 3-6 June 2016. The Pandora keynote is scheduled for 5pm on Saturday June 4th as part of the Midem Keynote Series.Music Business Worldwide