MIDEM 2006 Poised For Second International Indie Summit
On January 23 2006, MIDEM will bring together hundreds of independent music companies and affiliated associations for the second edition of the International Indie Summit. Launched for the first time at MIDEM 2005, this conference day offers a unique opportunity to assess the current position of independent labels in today's marketplace. An impressive line-up of industry heavyweights are already confirmed to participate in the summit and will be exchanging ideas and thoughts on the independent sector, and the important part it plays in the industry as a whole.
Three prominent figures from the independent sector will join forces for a special keynote session: Seymour Stein, president and CEO of American label Sire Records; Martin Mills, chairman of Beggars Group (UK); and Johnny Duann, co-founder and chairman of Rock Records (Taiwan). The legendary label, Sire Records, was established in 1966 and launched the careers of some of the biggest names in the business, such as Madonna, The Ramones and The Talking Heads, to mention just a few. The Beggars Group ranks as one of the largest independent companies and is parent to numerous prestigious labels, including 4AD, Beggars Banquet, Mantra, Matador, Mo'Wax, Nation, Too Pure, Wiiija, and XL. Rock Records is a major independent label in Asia.
Besides the keynote sessions, the International Indie Summit will include two panels. The first panel will focus on alternative business models for independent labels and will examine the opportunities for increased revenue streams from new technology and merchandising. The panel will also discuss the financing of music labels and includes the following speakers: Jeremy Lascelles, CEO of the Music Division at Chrysalis Group (UK); Terry McBride, CEO, Nettwerk (Canada); Michael Haentjes, CEO, Edel Music (Germany); and David Pakman, CEO, eMusic and managing director, Dimensional Associates (US).
The second panel will center on the progress and achievements of independent companies in today's music business environment. The panel will also assess the in-roads that independents have made in protecting their interests in a market dominated by major companies. The focus comes a year after the global Coalition of Independent Labels launched at MIDEM 2005, and participants include the founders of key groups such as: A2IM (American Association of Independent Music), Impala (European Independent Label Association), BPI (British Phonographic Industry), ABMI (Brazilian Association of Independent Music), and from South Africa, AIRCO (Association of Independent Record Companies). These leading experts will give their forecasts for the future and review the steps needed to be taken in order to keep business moving forward.
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