Cannes, France — I mentioned in a previous post how despite the fact that Midem is a music conference, MidemNet panelists are almost wholly not from the music industry. All anyone talks about is the music industry, and reps for songwriters, recording artists and labels fill the room listening to them being discussed, but they're not up on stage.

Well, one speaker brought musical artists on stage in spirit.  Steve Purdham, CEO of the UK music service We7, did so. His service has licensed with major indies but no majors yet. It's possible he hasn't demonstrated the cash flow yet, because the person sitting next to him from imeem was able to boast of all of the majors being on board.

Regardless, Mr. Purdham demonstrated that he is not in the business to move units, but rather magic. "We're only in business because of music," he said. "That feeling of the hair standing up on the back of your neck comes from the creativity of the musicians." He added that he must reward creators while ensuring consumers are happy. "We are just the delivery mechanism."

Well said. 

Share this:

This entry was posted on Monday, January 28th, 2008 at 3:30 am by Patrick Ross and is filed under creators, market forces. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.