As we enter 2023, the role of music executives remains as important as ever in shaping the direction of the industry. These professionals are responsible for discovering and developing new talent, negotiating contracts, and working with artists to bring their music to the masses.
One of the biggest trends we are seeing in the music industry is the increasing importance of streaming platforms. Executives are working to negotiate deals with these companies and ensure that their artists are being fairly compensated for their work. Additionally, the use of artificial intelligence and data analysis is becoming more prevalent in the industry, with executives using these tools to identify emerging trends and new artists to sign.
Another trend to watch is the increasing focus on diversity and inclusivity in the industry. Executives are working to create a more representative and equitable industry, by signing a wider range of artists and promoting diversity at all levels of the business.
Overall, the role of music executives remains vital in helping to guide the direction of the industry and bring new and exciting music to the world. As we move forward into 2023 and beyond, we can expect to see these professionals continuing to play a key role in shaping the future of music.
Here is a list of ten music executives who have made significant contributions to the industry:
- Lucian Grainge – Chairman and CEO of Universal Music Group
- Edgar Bronfman Jr. – Former Chairman and CEO of Warner Music Group
- Doug Morris – Former CEO of Universal Music Group and Sony Music Entertainment
- Martin Bandier – CEO of Sony/ATV Music Publishing
- Jason Flom – CEO of Lava Records and Founder of the Innocence Project
- Scott Borchetta – Founder and CEO of Big Machine Label Group
- Sylvia Rhone – President of Epic Records
- Monte Lipman – Founder and CEO of Republic Records
- Lyor Cohen – Global Head of Music at YouTube
- Julie Swidler – Chief Business Affairs and General Counsel at Sony Music Entertainment
story by Cassandra Colvin @ GWOP Magazine Media Dept.