The 2009 MUSEXPO Los Angeles conference kicked off this year's series of panels with a keynote panel
moderated by Nic Harcourt (SamLuna Media, Inc.) and featuring a "who's who" of heavy hitters from nearly every corner of the music industry, including Dave Holmes (Founder, 3D Management [Coldplay, Interpol, etc.]); David Renzer (Chairman/CEO, Universal Music Publishing Group); Doug Frank (President, Music Operations, Warner Bros. Pictures); Michael Guido (Partner, Carroll, Guido & Groffman, LLP [Jay Z, Outkast]) and Simon Wright (President & CEO, Virgin Entertainment Group).
After being introduced, each member of the panel described the unique challenges they are currently facing, and the various ways in which they have been forced to adjust their focus. Perhaps most telling was the absence of any representative of a major record label. Indeed, nearly every panelist indicated that the role of major labels has changed considerably over the past few years, and that they were finding themselves having to perform functions that would have been handled by labels in the past.
All in all, the concensus seemed to be that more people are listening to music than ever before, and it's merely a matter of finding new ways to take advantage of the modern methods that music fans are using to hear their favorite tunes. The future looks brighter than ever!
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