NEWS AND PRESS RELEASES
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INTERNATIONAL MUSIC SUMMIT 2010: FIRST LINE UP REVEALED
2010-02-08
Leading electronic artists and representatives of some of the world’s biggest brands are among those confirmed to speak at the third International Music Summit with superstar producer, DJ and artist Mark Ronson confirmed to appear in the headline keynote interview.
Commandeering the entire five-star Ibiza Gran Hotel, IMS creates an intimate atmosphere where artists such as the 2010 Grammy Award winner David Guetta can meet with notable business leaders such as Frank Mertens, Global Director of Creative Development Sprite / Coca-Cola Group and Konrad Von Loeheysen, the owner of Ministry of Sound Germany / Motor FM.
In her first dance music event appearance, the world-renowned music supervisor Alexandra Patsavas will feature in a one-on-one interview about her work and company Chop Shop. Patsavas is supervisor on TV shows The OC, Grey's Anatomy, Private Practice, Mad Men and Gossip Girl plus the Twilight film.
Guetta appears on a panel titled Big Dog DJs: F*** You We're Famous, named after his legendary weekly party in Ibiza, alongside Erick Morillo from Subliminal Records, Luciano - the underground star and boss of label Cadenza Records. IMS founder and BBC Radio 1 DJ Pete Tong will moderate.
In Meet The Future, BBC Radio 1 DJ Annie Mac, who recently swapped shows with Tong to open the countdown to the weekend, will outline her vision for electronic music alongside the likes of Pedro Winter aka Busy P, former manager of Daft Punk and boss of Ed Banger Records. Joining them is DJ Skream, remixer of the moment.
In another panel USA Today: Boom Boom Now!, IMS will hear from both those behind dance music’s recent explosion in the states, including Patrick Moxey from Ultra Records, Eddie Dean from Pacha New York and original American dance architect Arthur Baker, and also from dissenting voices like Tommie Sunshine who recently stated: "There is NO room for dance music in America. It will never happen. Not real dance music, anyway". The panel will be moderated by KCRW music director and presenter Jason Bentley, who last year received the first IMS Pioneer Award.
In Ibiza United, IMS will bring together the key players behind Amnesia, Eden, Es Paradis, Pacha, Privilege and Space on one panel for just the second time ever. This panel will be moderated by Juan Suarez, one of the chiefs of the powerful local newspaper, Diario De Ibiza.
IMS will hear from legendary producer Robin Millar, responsible for 44 number one hits, who will talk about why just one month after he retired from production duties, electronic music has re-inspired him, and see the return of 19-year old teen promoter Callum Negus Fancey from Let's Go Crazy after stealing the show last year by stating "Who is Paul Oakenfold? My audience have never heard of him."
In addition, IMS has teamed up with leading consumer portal Resident Advisor, whose audience will select a topic and speakers for the Presidential Debate format which debuted in 2009 to great acclaim.
Said Pete Tong: "It is with great pride that we announce some of the incredible talent already confirmed to be involved in our third International Music Summit in Ibiza. For 2010 we continue to push for the most vital and engaging debates on all the key topics of the day involving the biggest players from every field.”
Commented Ben Turner, a founder and partner in the IMS, states: "IMS was never about the artists, more the people behind the curtain who help guide the gifted. In 2010, we've been overwhelmed by approaches from artists to be involved in some way. It's a great testament to our first two years. Watch out for more special names to follow..."
Following 2009’s successful experiment The IMS Vote, a session where the audience make decisions on the future of the genre, will return. Indeed, last year, 69% of those present agreed that IMS had 'made them question how their companies work'. In 2010, this is taken one step further then Ted Cohen from TAG Strategic will moderate a one-hour session where the panelists are the audience, and the agenda is not set. Cohen himself was so inspired by IMS:09 that he invited last year's Key Note speaker Richie Hawtin to attend MidemNet after hearing his radical assessment of future music.
Finally reprising his 2009 role, electronic pioneer Tom Middleton will blog to the Beatport community what is being debated, who will in turn feedback and pose questions to the speakers.
Once again the IMS Grand Finale will take place at the UNESCO World Heritage Site in Dalt Vila on Friday May 28. Last year, Basement Jaxx headlined with Pete Tong, Rob da Bank and Filthy Dukes in support. IMS has been with requests from artists to perform at this landmark event. The headline acts will be announced imminently. The event is free to attend for all delegates of the IMS, with some 2,000 tickets available to the public. Tickets are available now from www.internationalmusicsummit.com
EDGE PERFORMANCE VCT DOUBLES SHARE OFFER TO 20m SHARES
2010-02-08
Edge Performance VCT plc, the UK’s largest specialist investment fund for the live music and events business, has announced that it is to double the number of £1 ‘F’ Shares it is making available in the current fundraising round, from 10m to 20m.
The move follows very strong early demand for the Edge Performance VCT’s ‘F’ Shares, with the offer already having raised in excess of £8m.
According to data from the respected Tax Efficient Review today (5 February 2010), that means the Edge ‘F’ Share offer is – ranked by percentage sales against target – the most successful VCT currently being marketed.
Edge Group founder David Glick said, “Analysts have been predicting that this would be a banner year for VCTs, and we are pleased to be leading the market. The hallmark of the Edge approach across all of our products is flexibility, security and transparency and this seems to have struck a particular chord with those shopping for VCT shares. We have extended the offer to 20m shares to ensure that the extremely strong demand does not mean we have disappointed applicants who cannot get in”.
The Edge Performance VCT invests in the entertainment sector, and to date has had a particular focus on the live music and events business. Companies in which Edge Performance VCT has invested have promoted more than 200 live concerts in total since December 2006 featuring artists ranging from Kanye West to Backstreet Boys, Eric Clapton and recent Grammy Award winner Jeff Beck.
In June 2009 Edge Performance VCT became the first of the “class of 2006” VCTs to return all funds to holders of its Ordinary Shares, significantly beating target.
The Edge Performance VCT’s ‘F’ Share offer is targeting a return of 130p in cash for every 70p invested (assuming income tax relief at 30%, equivalent to a return of 160p per 100p invested).
Edge Performance VCT’s structure balances investments with a high level of capital protection, ideally with contractual revenues or capital guarantees from financially sound counterparties, with other investments where significantly higher potential returns justify lower capital protection. The intention is that the investor’s risk is thereby minimised, underpinning the return of the investor’s net cost of investment of 70p per Share (assuming income tax relief at 30%).
Subject to liquidity constraints and legislative requirements, Edge Performance VCT will seek to pay out tax-free dividends after each of the first four years to F Shareholders.
Since 2007, the Company has paid annual dividends of up to 7p per share to its Ordinary, C and D Shareholders. A copy of the prospectus for Edge Performance VCT’s ‘F’ Share offer is available for download from www.edge.uk.com/vct/offers.
THE SECRET GARDEN PARTY UNVEILS NEW RECORD LABEL
2010-02-08
Following the success of yet another sold-out Secret Garden Party event in July 2009 and the sold-out Christmas Voyage show at London’s Troxy venue last December, Secret Productions are pleased to announce the launch of a new record label, Garden Records.
The first single to be released on the indie will be ‘You Won’t Forget Me Boy’ by The Jessie Rose Trip via download on March 22nd. The track, released by Garden Records alongside Sidewalk 7, will be available to pre-order from www.townsend-records.co.uk/product.php?pType=6&pId=1000260 then available from all digital retailers from March 22nd.
The Secret Garden Party, a truly unique festival, was launched in 2003 by Fred ‘The Head Gardener’ Fellowes. It has since gone on to capture the essence of the great, heady British summertime, achieving two ‘Best Small Festival’ wins at the UK Festival Awards and has appeared on countless lists of unmissable UK events. It has now moved status to a medium-sized event. Fellowes was recently featured in the Top 5 Courvoisier ‘Future 500’ entrepreneurs, celebrated for his dedication to designing experiential parties for twenty and thirty-somethings. More on that here: www.guardian.co.uk/courvoisier500/courvoisier-top-five-winners
They say there are no spectators at The Secret Garden Party… only participants. Musically, the event has seen early performances from Lily Allen, Florence and the Machine, Noah and the Whale, The XX and many more, and now looks to take that involvement from its followers, and lust for new music, to the next level.
The Jessie Rose Trip have fused the acclaimed jazz influences of their early sound with a very spacious, sharp modern pop feel. Their new single ‘You Won’t Forget Me Boy’, which launches Garden Records, follows lauded performances across the UK, Europe and New York’s CMJ music festival as well as live radio sessions including Mark Lamarr’s Radio 2 show from Maida Vale, as Music Week posted, “their soulful, powerful vocals, idiosyncratic and highly original music, and fantastic dress sense spit star power.”
While in the States they recorded ‘You Won’t Forget Me Boy’ at the legendary Village Recorder Studios in LA, courtesy of John Kennedy’s ‘X-Posure’ show. It’s their most versatile, charismatic and popful single to date, showing their inspirations from Jimi Hendrix to The doors, with a twist of Motown into their own unique performing style.
The Jessie Road Trip will be playing a special invite-only show at Camden’s Blues Kitchen on Tuesday 9th March. Please rsvp below. Tour dates to be announced soon.
Search begins for the UK’s best indie record shop
2010-02-01
The Entertainment Retailers Association (ERA) is launching a search for the UK's best independent record store via a new website www.indierecordshop.org which aims to highlight the contribution of indies to the UK music scene.
Artists and record labels are backing the growing campaign to support independent record stores whose numbers have plummeted in the face of fierce competition and the rise of internet and digital sales.
The site has been built by digitalstores.co.uk whose managing director Russel Coultart also chairs ERA Digital, the grouping of digital retailers within ERA.
The site allows music fans to locate indie stores all over the UK and record labels will list details of PAs and special offers only available at indie stores on the new website.
The first featured artist of the week is hotly-tipped Delphic who have gained much of their support from the indie sector.
ERA Director General Kim Bayley said, “It is no secret that independents have had a tough time over the past years. The launch of www.indierecordshop.org and this search for Britain’s Best Indie will, we think, help focus attention on the grassroots of music retailing where new artists are nurtured.”
The public vote to name the UK's best independent record store opens today (Feb 1) and will run for two weeks until February 12.
Everyone who votes will be entered into a draw to win a pair of highly-coveted tickets to the BRIT Awards at London’s Earls Court on February 16. And the winning store is in line for a £200 cash prize.
A key element of www.indierecordshop.org is a searchable database of the UK’s 300 or so remaining independent record shops. The database can be searched by postcode, address or via a specially made Google Map.
The aim is to capitalise on the huge public reaction to news of the rapid-decline of the independent sector. The number of independents in the UK has fallen from around 1,000 10 years ago to around just 300 today.
The website has been built and sponsored by digitalstores.co.uk, whose Commercial Director Simon Coates is a passionate supporter of the independent sector and who last year published the Recordstore Survival Guide (download it here ) which offered some timely tips to help independents survive the recession.
Award Signals New Era For The UK’s Leading Music Development Agency
2010-02-01
Generator, the UK’s leading music development agency is celebrating a significant European Redevelopment Fund award that was brokered by Regional Development agency One North East.
The £822,000 they have been allocated will be spent specifically on supporting the development of new and existing music businesses in the North east Region.
This follows 18 months solid work by the Generator team led by Chief Executive, Jim Mawdsley. This began with a major restructure of the organisation and the appointment of a strong Board which is chaired by Graham Thrower. Graham is also a Board member at One North East and former MD at CitiGroup specialising in global media and telecoms.
The allocation will be aimed at music businesses of all size and age with a range of services including business planning, mentoring, consultancy and specific advice including legal, marketing and distribution.
Jim Mawdsley states, “This is a fantastic achievement and displays that RDA’s are willing to support regional music businesses if they feel the mechanisms are in place to ensure the finance is spent in the correct manner. The next step for us is to ensure the services are what our businesses need to grow and expand”
This news also comes hot on the heels of Generator’s £210,000 lottery award, confirmed late November, that will support and train DJs, young producers and artists working in the ‘Urban’ genres and look to develop their commercial viability.
With all this activity happening Generator have moved to bigger premises and are in the process of recruiting 4 full time and one part time extra members of staff in a huge step change for the organisation.
Mawdsley continues, “We are aware and constantly update ourselves on the ever changing trends in the music industry and how there are increasing opportunities for small businesses to make their mark in every element of the supply chain. We want to ensure the businesses in the North East are equipped with every chance of success through the support we can offer.”
Tony Wadsworth, BPI Chairman and Generator Board Member, commented "This award is an important recognition of both Generator and its work supporting the development of music businesses in the North East of England. It is vital that new and existing music businesses receive the support they need from experienced hands who truly understand the business, and this award means Generator will now be very well equipped to deliver"
THE NEW GUARDIAN MUSIC WEEKLY PODCAST
2010-01-28
The Guardian Music Weekly podcast returns for the New Year with a new host, exciting new features and exclusive music performances.
From Friday 29 January, Alexis Petridis will be stepping into the Music Weekly chair taking over from Paul MacInnes. Alexis is the Guardian’s head rock and pop critic and his experience within the music industry is second to none. His input will widen the scope and reach of the podcast.
For the first episode Massive Attack will be talking listeners through their forthcoming album, Heligoland, ahead of its release on the 8 February. The panel, including Miranda Sawyer and Rosie Swash, will then discuss their thoughts on the new offering. Unique to the first show will be a label profile of Soul Jazz, examining their impact and influence on the music industry and the singles club will be returning to the Music Weekly for a new term.
Alexis Petridis, Music Weekly Host, the Guardian, said: “The music weekly podcast is a great platform for engaging with music fans and I want to build on all the excellent work that has been done. As host I want to develop the show, creating something different to what’s already out there.”
Listeners can expect to hear in depth analysis on music trade news, unusual features on established artists, label profiles, interesting contributors and a greater focus on new music.
BMG acquires music rights of Scandinavian Songs and opens up Stockholm office
2010-01-28
BMG Rights Management announced today that it has agreed to acquire music publishing rights of Scandinavian Songs AB together with master rights of Hawk Records.
Scandinavian Songs AB is a leading independent music publishing company with a long history, based in Stockholm. BMG acquires the rights to over 11,000 songs, most of them classic Swedish hits spanning several decades. Furthermore, BMG acquires the rights to more than 90 master recordings from popular Swedish artists, released through Hawk Records the record label of Scandinavian Songs AB. The transaction also includes the administration business for Scandinavian Songs AB and a large number of sub-publishing agreements that Scandinavian Songs AB takes care of.
Following the acquisition, BMG decided to establish an office in Sweden to take care of the growing writer base in Scandinavia. Former Scandinavian Songs manager Niclass Björlund will act as General Manager for BMG RIGHTS MANAGEMENT (Scandinavia) AB.
Niclass will be supported by Susanne Ericsson, who has been with Scandinavian Songs for more than seven years. The former Warner Chappell executive Hans Desmond, who owns Scandinavian Songs with partner Sanji Tandan, will on a consultancy basis sign and work with creative talents throughout the Scandinavian territory on behalf of BMG.
The deal includes the Scandinavian Songs copyrights acquired until 2005. The activities over the last years, including the present songwriter agreements, and the publishing catalogue Reactive Songs International AB, will remain in ownership of Hans Desmond and Sanji Tandan, and will be continued under the name Scandinavian Songs, together with Peo Nylén, MD.
“This is of course a great opportunity to be involved in the birth of a new great company with great people, and to have the opportunity to continue working with Hans, Susanne and all contacts we have built during the years – also those who will remain with Scandinavian Songs”, says Niclass.
“The acquisition of Scandinavian Songs and the opening of our Stockholm office marks yet another significant step in our internationalization strategy,” said Hartwig Masuch, CEO of BMG. “I am more than happy to have Hans, Niclass and Susanne on board to work closely with artists and writers on local ground – all have invaluable experience in the publishing industry and a very high reputation in the Scandinavian music landscape.”
The Feeling Invent The World’s Most Scenic Festival
2010-01-28
Returning to the scene of their early career as the ultimate après-ski band, platinum selling The Feeling have decided to organise their own, perfect festival.
Think over 30 separate events in the French Alps, combining small bar gigs, a huge on-piste main event, an indoor dance party featuring some of Europe’s best DJs and plenty of après-ski thrown in. All set in bars, theatres and outdoors in the magnificent French Alps, one wristband will allow fans to cruise all the events at their leisure. With established stars and new acts, it is a unique new festival with a difference.
Other acts include Sophie Ellis-Bextor, Fiction Plane, Ed Harcourt, Sinead and the Dawnbreakers, 10cc’s Graham Gouldman and Squeeze’s Glen Tilbrook with many more to be announced. One special night will feature intimate collaborations between all the artists, a lo-fi counterpoint to the party on the piste.
“It’s a natural event for us to organise,” says The Feeling’s Richard Jones, “We love festivals, we love skiing, we have a history as a band in ski resorts. It combines all our passions. To have the luxury to go back where we started out together and to build our own boutique festival experience is a great privilege.”
The idea came from the band and is being organised by the band- Dan Gillespie Sells, Richard Jones, Kevin Jeremiah, Ciaran Jeremiah and Paul Stewart.
“We were inspired by our last trip to Meribel,” says Dan, “The idea of taking our friends out there to play with, plus legends we admire like Graham Gouldman and Glen Tillbrook, was irresistible. Then to be able ski and snowboard by day and see bands by night is exactly what we want to do. In the end we decided to put it on ourselves.”
In 2008, they played a free gig on the piste in Meribel to 6,000 fans in a triumphant return for a group who performed covers in the resort’s bars back in 2001. The result was featured in the live DVD “Come Home” with narration by friend-of-the-band Kiefer Sutherland.
“That taught us that we could organise our own event,” says Richard, “More bands should try doing it for themselves, this an event just the way we want it, we have the freedom to be different and we are really enjoying pulling this together alongside recording the new album. We are all mad skiers and snowboarders, although Dan can more often be found on the balcony of the bars. There is something for everyone!"
Catch The Feeling live on the piste in March.
March 13-19, 2010
www.littleworldfestival.com