Ola Sars and Paul Stuarts presentation starts from 44:00.
Summary:
– The global music market is transitioning onto the streaming model.
– B2C has lead the wa with 347 million paying subscribers worldwide 2019, projecting > 1 Billion EoY 2030 (3x).
– B2B is yet to follow B2C, but Soundtrack us now the market distributor, driving B2B transition into streaming.
– Opening up a $20 Billion B2B market opportunity, where Soundtrack is leading the way.
Martin Willers: “In Sweden I think we’re the world leading candle consumption country per capita because we have really dark winters up here in the north. We really love what we call “mysbeslysning”, which is like cozy lightning. It’s a word that you know is really powerful to a lot of swedes”.
Magnus Rydén: “We started DJing together and traveling around the world. Eventually we got tired of dealing with all these various indie labels so we decided to start our own”.
Kevin Perlmutter: “So I had one opportunity to work with the AT&T Performing Arts Center, which is a non-profit in the city of Dallas Texas in the United States. This is a large non-profit, and they have an incredible campus with multiple buildings created by amazing European architects”.
Small businesses are overwhelmingly using consumer accounts not intended for commercial use. The music industry is missing out on $2.65 billion annually due to businesses using personal music services in
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