Music Is (A)live - But Music Industry Looks For Future

Reporting from CANNES for Intellectual Property Watch, Monika Ermert discussed future direction for music from the world’s largest music fair, Midem.

“Music Industry 1.0 is dead,” said Ted Cohen, former vice president at EMI and now a partner at consulting agency TAG Strategic. “Any label that thinks it is about business as usual is ridiculous.” Cohen was outspoken about the need for a change at the pre-Midem MidemNet Forum that deals very much with technology.