"As the music business continues to redefine itself...." The opening words of Global Publishing Forum co-moderator Ritch Esra (Publisher, The Music Registry) could be applied to every panel so far. With the help of co-moderator Keith Welsh (Chairman, Australian Music Publishers Association & Managing Director, Rough Cut Music Publishing), panelists Jay Faires (President of Music & Publishing, Lionsgate Entertainment); Julie Enzer (Sr. Vice President & General Manager, Disney Music Publishing); Justin Kalifowitz (President, Downtown Music Publishing); Kenny MacPherson (President & Sr. Executive, Chrysalis Music Group, N. America); Scott Francis (President, Warner-Chappell Music & Chairman/CEO, Warner-Chappell U.S.) and Jens-Markus Wegener (MD, AMV TALPA GMBH, Germany) guided attendees through the latest landscape changes facing the publishing industry in 2009. With new platforms come new opportunities. Most of the members of the panel (with the exception of Ms. Enzer) spoke of the decline of mechanicals and an increased reliance on sync and performance royalties. Other topics touched upon included new methods of artist development which the publishers are utilizing as the labels do less, from shopping finished masters to actually pressing their own CDs and acting as the de facto label. Although it wasn't the last thing said in the panel, Scott Francis's statement--"There's more work than ever before, and it's more challenging, but it's also more exciting"--sums up this panel perfectly.
Just one more panel this afternoon, then it's off to a night of music, music, music...
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