Billboard - USA (2020-03-14)

(Antfer) #1

KIRDIS POSTELLE JOINED AMAZON MUSIC AS GLOBAL HEAD OF ARTIST MARKETING. SPOTIFY HIRED KROQ LOS ANGELES RADIO VETERAN KEVIN WEATHERLY AS HEAD OF NORTH AMERICAN PROGRAMMING.


and streaming set our catalog on fire,


so we were able to use some of that


revenue, and the enthusiasm of the


board and the executive team, to


invest in the business. I had a business


plan when I arrived that they allowed


me to execute, and as we put more


results on the scoreboard, they gave


me more rope to keep moving forward.


There was always a plan to build a


management business, to build a


music publishing business and to


bring in a live division.


Is full service the business model to


follow now? Today’s music industry


mantra seems to be, “We want to be


a one-stop shop for artists.”


We do look at it that way, although


maybe not in the same way that it’s


spoken about in the press. We’re an


end-to-end solution for people that


are looking for music. So if you are


producing movies, TV programming,


commercials or video games and you


are looking for music, we have a whole


creative hub that’s set up for that. With


respect to recording, we don’t sell


artists on having us do everything for


them. We like to say that if we are your


manager, we want to be your manager


forever. If we need to be the record


label or provide more traditional


record company or music publishing


services, we’ll do that — but that’s not


our MO. If we’re managing you, we


are happy to work with great record


labels and music publishers. The same


applies to somebody who has signed to


our label. We’re not necessarily looking


to get into the manager’s chair.


So when one sector of the business is


down, another is up?


That — and having a diverse strategy


can also be valuable when you’re pro-


viding services to management clients.


If you are managing a developing artist


that’s signed to an outside label, the


label may not be doing everything you


need them to be doing. We have the


option to lean on some of the record-


label service teams that we have, such


as in-house radio, press and marketing.


Does your label services team also


work with artists signed to other


labels?


Yep. If we have someone who’s the


head of radio in a certain genre, they’ve


got a slate of artists and priorities, so


they can’t run a campaign for an art-


ist who is managed by us but signed


elsewhere. But our head of radio can


certainly review plans, make a couple


of calls, help to oversee the strategy


and provide advice to the managers.


For example, we’re in the middle of


that right now with a band we manage called Arkells.


Caroline is the record label in the U.S. However, we


are looking at radio strategies. We’re tapping into


our synch team to find opportunities for them. Their


single “Years in the Making” came out Feb. 25, and


we are having conversations and emails on that right


now. The label is signing the checks, spending the


money and quarterbacking the strategy. We try to be


complementary to that.


Where do you see eOne in relation to the other mini


majors?


We’re in that Concord, BMG, AWAL kind of uni-


verse, but we’re a bit of a different animal in that


we do records in a real traditional way. I know that’s


a bit of a dirty word for some people, but we’re


proud of the expertise that we have in-house, and


it’s not available to 1,000 artists. We sign less, and


we’re going to really dig in and roll up our sleeves


for the ones that we believe in. We’ll let other


people sign 1,000 artists and take credit for the one


or two that work — we’d rather sign 50 and have


40 of them making money.


How did your $215 million acquisition of Audio Net-


work last April fit into your diversification strategy?


It really added significant scale and gave us a


significant publishing catalog. It also provided us


with an administrative backbone that enables us to


administer [publishing] in-house.


When eOne was acquired, the media made much


of the company behind My Little Pony and


Sesame Street toys also owning Death Row Records.


Does Hasbro plan to hang on to the label?


Yes, it does. I always say that’s like owning the


original recordings of Elvis Presley, Johnny Cash


and Chuck Berry. The Death Row recordings are


seminal hip-hop recordings. We do amazing business


with them — and there are no plans to sell. It’s an


important part of our business. And who doesn’t


love Snoop Dogg? Everybody loves Uncle Snoop.


1. Left: “In the past four years, I’ve traveled three weeks out of


every month — I know too many Air Canada and Star Alliance


staff by name.” Right: EOne’s TV team and HBO collaborated on


the Sharp Objects soundtrack. 2. “We’re the owners of some of


the most iconic recordings in history,” says Taylor. “And we have


an extensive merchandise program around this legendary brand.”


3. “It’s our job to familiarize ourselves with Hasbro’s brands,


starting with Dungeons & Dragons [to] Magic: The Gathering to


Transformers to Monopoly — what a job!” 4. “These buses remind


us where we came from: selling music around the streets of


Toronto in the ’90s.”


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MARCH 14, 2020 • WWW.BILLBOARD.COM 2 1

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