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FYI

3 Canadians Named In Billboard’s Indie Power Players Ranking

Entertainment One Global President Chris Taylor, Reservoir Media Management co-founder and CEO Golnar Khosrowshahi, and ole CEO and co-founder Robert Ott make the list alongside such luminaries as

3 Canadians Named In Billboard’s Indie Power Players Ranking

By FYI Staff

Entertainment One Global President Chris Taylor, Reservoir Media Management co-founder and CEO Golnar Khosrowshahi, and ole CEO and co-founder Robert Ott make the list alongside such luminaries as Daniel Glass and Scott Borchetta.


The feature profiles the individuals with quotes that include Taylor’s illuminating statement as follows:

“One of the largest myths being perpetuated is the ‘irrelevance’ of the record company,” says Taylor, whose independent Entertainment One develops and distributes music, film, TV and, most recently, live content with the March acquisition of Round Room Entertainment, an event production company. Adds Taylor: “We are going to have a whole generation of musicians who [will] miss their opportunity to excel by declining the assistance of well-trained, well-financed companies that can really help a developing act take things to the next level.”

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– Read the article in full here

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Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy
Photo by Tech Daily on Unsplash
Streaming

Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy

As the U.S. government and major online streamers like Spotify and Apple Music push back against the so-called "streaming tax," the Canadian federal government will make its own investment to "provide stability and immediate support to Canada’s audio and audiovisual sectors."

The Canadian government is stepping in to support Canadian music and media amidst debates around the Online Streaming Act.

This morning (June 3), the government announced that it will offer immediate financial support for music, audio and audiovisual media with a $600 million yearly investment. The release says funding will "provide stability and immediate support to Canada’s audio and audiovisual sectors and keep our culture accessible and affordable for all Canadians."

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