An industry transformed: securing sustainable growth for today’s digital music industry
Friday, 5th April 2019
1pm – 3pm
The global music industry has transformed itself through investment and innovation over the past two decades. The recording industry has licensed hundreds of digital music services around the world, driving innovation and providing consumers with access to some 50 million tracks. Meanwhile, artists have gained more choice than ever before in how to reach fans with their music. At the heart of this success are the partnerships between artists and record labels.
Delegates will be presented with key global and regional data from the IFPI Global Music Report (which will be published globally during the week of the SCCR), insights into the partnerships between record companies and artists, and some key challenges to ensuring the sustainable and balanced development of digital music markets around the world.
Next, Graham Henderson will share highlights from Music Canada’s upcoming report on the discrepancy between the value of music accessed by consumers and the revenues returned to the artists and businesses who create it. The report outlines how Canada’s music community has overcome initial skepticism regarding the existence of this discrepancy, known as the Value Gap, and its causes. It examines the key arguments and evidence that have led to widespread acknowledgement of the discrepancy in Canada, and presents a road map to help build a stronger music ecosystem for artists and labels around the world.
The final speaker, Miranda Mulholland, a Canadian musician who runs her own boutique record label, will explain how weak copyright legislation has impaired her career. She will also reflect on the value of record labels in the modern music marketplace, and will demonstrate how artists can help establish a sustainable and functioning marketplace, outlining her own journey as an artist advocate.
Following the discussion, Mulholland will take the stage with Andrew Penner, her musical partner in the band Harrow Fair, to perform their unique blend of folk, country and garage rock music.
Larry S. Miller – Clinical Associate Professor and Director, Music Business Program, NYU Steinhardt School of Culture, Education, and Human Development
Graham Henderson – President and CEO, Music Canada
Miranda Mulholland – Musician, President of Roaring Girl Records, and Music Festival Founder
Performance: Harrow Fair