Tag: Shridhar Subramaniam

  • Sony Music Entertainment & D36 announce joint venture to propel South Asian music globally

    Sony Music Entertainment & D36 announce joint venture to propel South Asian music globally

    Mumbai: Sony Music Entertainment (SME) announces a global joint venture with Los Angeles-based record label D36. D36 is a Los Angeles-based company formed in 2021 that provides a platform to aspiring musicians from South Asia and its diaspora. Most recently, D36 released a remix of Pakistani indie act AUR’s breakout hit “Tu Hai Kahan” (feat. ZAYN), which now has over 400 million plays and counting across all streaming platforms between the original song and remix.  

    The global joint venture will allow SME and D36 to combine the strengths of both companies, fostering collaborations between artists, expanding the reach of South Asian artists in the US as well as help break South Asian diaspora artists in key markets outside the US. The new partnership will enable acts of South Asian heritage to cultivate a worldwide fanbase, better connect diasporic audiences with talent in South Asia and accelerate the community’s visibility in international markets, including in America.

    “Our collaboration with D36 goes beyond showcasing South Asian artists globally. We’re forging a new path in cultural exchange, fostering a deeper connection between artists and their heritage,” said Sony Music Entertainment Asia and Middle East president Shridhar Subramaniam. “The South Asian music scene is experiencing a surge in global recognition, fueled by a rising demand for diverse musical experiences. D36 boasts a proven track record of identifying and nurturing exceptional South Asian talent and by partnering with them, we can serve as a crucial bridge, connecting these talented artists with the global opportunities they deserve, further enriching the tapestry of international music.”

    “Our community – globally – is home to some of the most unique, exciting, and innovative music in the world” shared D36 CEO Abhi Kanakadandila. “This new partnership with Sony Music Entertainment allows us to meaningfully support artistry agnostic of geography and provide an infrastructure that can operate seamlessly across borders. The talent & fandom that exists across the several new waves of South Asian music is enormous. Our goal here is to lay the foundation for the same success that we’ve seen with music from other territories on the global landscape.”

    Kanakadandila’s leadership of the new venture will be aided by D36’s general manager and co-founder Abdullah Ahmad, whose expertise involves shepherding the careers of Young Thug to Kevin Gates and Jelani Aryeh prior to his tenure at D36. Ahmad has been critical to realizing D36’s key successes to date and will work hand in hand with Kanakadandila to expand upon those by utilizing the new infrastructure that this partnership affords.

    Sony Music Entertainment India MD Vinit Thakkar added, “The South Asian music market is fast establishing itself as a powerhouse within the global music industry. With our deep understanding of the local music landscape and our market strength, this partnership positions us to not only empower local artists but also bridge the gap between their exceptional talent and a worldwide audience.”

  • Sony Music and Sony Pictures launch joint venture – ‘Sony Entertainment Talent Ventures India’

    Sony Music and Sony Pictures launch joint venture – ‘Sony Entertainment Talent Ventures India’

    Mumbai: Sony Music Entertainment and Sony Pictures Entertainment have announced the creation of their first joint venture – Sony Entertainment Talent Ventures India (SETVI) to focus on creating opportunities for media talent in India.

     The new entity will offer actors, musicians, sportspersons, gamers & content creators in India opportunities for co-ventures, metaverse solutions, as well as brand partnerships and management.

    Shridhar Subramaniam, Sanford Panitch, and N.P. Singh (managing director and chief executive officer, Sony Pictures Networks India) comprise SETVI’s board of directors, and Vijay Singh will lead the new company as CEO.

    The joint venture for Sony Group looks to combine the expertise and global reach of the two companies, leveraging the vast pool of commercial talent and star-power in India to build investment opportunities, partnerships, metaverse solutions and more for talent. “India is on track to become the third largest consumer market by 2030 and sustains one of the largest local-language content creation ecosystems in the world,” said the statement.

    The talent represented by SETVI will also benefit from potential partnerships and global opportunities across the wider Sony Group such as PlayStation and Sony Electronics.

    “SETVI will leverage our expertise, deep local relationships and global reach to give talent the potential to scale, become household brands and fully realize their creative and commercial potential,” said Sony Music Entertainment president of corporate strategy and market development in Asia and Middle East Shridhar Subramaniam. “The digital revolution and India’s unique start-up culture bring huge opportunities and SETVI’s role will be to partner with talent to build and serve their fans in exciting new ways.”

    “Sony Group’s ecosystem in India offers far-reaching and unique opportunities for talent to build their brands in an authentic way,” said Sony Pictures Motions Picture Group president Sanford Panitch.

    Vijay Singh was previously the CEO at Fox Star Studios for over a decade from 2010 to 2020. Prior to this, Singh was managing director of developing markets at the Tetley Group in London, and also brings music industry experience to the role, having previously led Sony Music Entertainment India as managing director from 1996 to 2002.

    “Our ambition is to work as advisors to talent to build their wealth and legacy and unlock the best monetization opportunities for them in India and the world.” said Vijay Singh. “It’s exciting to be spearheading this new venture and I look forward to working with talent to fulfil their ambitions in the coming years.”

  • Shridhar Subramaniam to move to Sony Music NY corp HQ

    Shridhar Subramaniam to move to Sony Music NY corp HQ

    MUMBAI: We all know of him as this affable but tough music exec based out of India. And his has been a familiar face for Sony Music Entertainment (SME)  in India and west Asia. Now Shridhar Subramaniam’s good work in tackling the tough Indian market is being rewarded. He will be moving to the corporate office in New York in a newly created role of president, strategy & market development, Asia and the middle east. He will continue to oversee SM India and the Middle East and add responsibility for strategy and market development for the Asia region.

    In his new role, Subramaniam will partner with each Sony Music company throughout the region to recommend and execute strategic acquisitions, joint ventures, investments and partnerships for the Company and its artists in Asia and Middle East territories. He also will strengthen strategic relationships with other Sony operating companies and engage in all aspects of SME’s digital and partner development for SME Asia and Middle East.

    For the last 18 years, Subramaniam has led Sony Music India to its market leader status. Under his leadership, the Company has built a strong roster in Hindi soundtracks, pop and regional language music and acquired Magnasound, Crescendo and other catalogues to build a strong presence in multiple languages and music genres.

    The move is part of an initiative to directly connect its operations in Asia and the Middle East to the company’s leadership team and business strategy through a new reporting structure. Moving forward, there will be new hubs throughout Asia and the Middle East that will report to Sony Music’s New York-based corporate leadership.

    Denis Handlin, who has successfully overseen the Asia Pacific region over the last 10 years and driven the setup of SME’s Asia businesses operations, will now exclusively focus on leading the future of the Australia and New Zealand companies. As part of this new mandate, the next chapter of Denis’s illustrious career will be to continue expanding Sony Music’s portfolio of new business verticals in Australia and New Zealand while continuing his enviable track record developing local artists and breaking international acts. He will celebrate his 50th year in the Australian company in May.

    In making the announcement, SMG chairman Rob Stringer said, “Asia and the Middle East are key emerging drivers of the global music industry and an important part of our current and long-term success. This new structure will enhance collaboration with the regional leadership team to drive our strategic business and creative priorities. “Denis has been very instrumental in our company’s development in this region and has assembled an excellent leadership team in Asia equipped to execute on our strategic initiatives and expand the progress on our commercial activities there.”

    Also, as part of the new structure, leading Sony Music’s business in China, Taiwan and Hong Kong will be its managing director, Andrew Chan. Since joining Sony Music in 2017, Chan has signed high profile artists within the region and built partnerships with key digital and mobile companies. Previously, he led One Stop China, a joint venture between Sony Music Entertainment, Universal Music Group and Warner Music Group where he facilitated the transition of China’s biggest search engine, Baidu, into a licensed music distribution model.

    Joseph Chang will continue in his role of managing director, SME Korea. He joined Sony Music in 2015 and has been instrumental in many major K-pop music deals and building new digital partners and business opportunities for our artists. He played a key role in signing the K-pop superstar Kang Daniel and has also been involved in expanding The Orchard’s business by supporting the signings of the major local K-pop labels.

    Ariel Fung will become executive vice president, SME Southeast Asia. Fung joined SME in 1991 and has held various roles throughout SME Asia and Australia including Managing Director, Hong Kong, Vietnam, Taiwan and South Korea. Realizing the opportunity in the marketplace, he opened the SME office in Vietnam and also began SME’s imprint label in Hong Kong called O.U.R. Works. 

  • Heineken collaborates with Sony Music for a first of its kind VINYL POP-UP

    Heineken collaborates with Sony Music for a first of its kind VINYL POP-UP

    Mumbai: The sheer simplicity of playing a Vinyl and enjoying the rich, warm sounds that follow make Vinyl music listening experience personal and extraordinary. Recognising that it’s the only physical format of music that has consistently seen a rise in demand, global music giant, Sony Music offers you an opportunity to start or add to your collection on this International Record Store Day (Saturday April 21) with a one-day Vinyl Pop Up at The Quarter – Royal Opera House Mumbai. Collaborating with Sony Music, is leading beverage brand Heineken.

    “We are super excited to be associated with such a unique event. Live Your Music with Vinyl Pop Up as it will be a day well spent amidst the best experience” – Prashant Patwardhan, GM Marketing Heineken

    With over 2000 + imports of limited edition Vinyls and exclusive Record Store Day Releases, the Vinyl Pop Up is a must go!

    Collectors will be seen rummaging through crates of the best-known, rare and wide offering.  From classics like Led Zeppelin, Pink Floyd, David Bowie, Miles Davis, Pearl Jam, Eagles, The Doors, Santana, Michael Jackson, Bob Dylan, Boney M, A. R. Rahman to the modern day Coldplay, Ed Sheeran and many more! The range includes iconic box sets in limited numbers and autographed Vinyls. Audiophiles can also spend their day at the BYOV Session (Bring your Own Vinyl), a DJ Scratching Workshop, Vinyl Listening Sessions, Curated Wine & Dine Experience and vinyl-only sets by DJ Uri and DJ Skip!

    Says Shridhar Subramaniam, President India and Middle East – Sony Music, “The renewed interest in Vinyls is very encouraging as Vinyl Collectors and owners are music buffs and lifelong fans of artists and music. We are seeing increased interest in India and with The Vinyl Pop Up we are giving the music lovers of Mumbai a rare chance to go through a first of its kind experience. The range is massive with some rare collectibles thrown in. Our plan it to roll out this initiative a city at a time and we are hoping that young fans discover the charm of listening to Vinyls and building a collection.”

  • Sony Music wants listeners to pay for SRK & Anushka’s ‘Phurrr’

    MUMBAI: In a landmark move, Sony Music India has taken what is potentially its biggest track this year and put it behind a limited-time paywall. Therefore, to be the first one to listen to Pritam & Diplo’s Phurrr featuring superstar Shah Rukh Khan & the gorgeous Anushka Sharma, listeners will have to pay!

    Another massive step in the direction is that a sample video unit of the song will release on YouTube along with the audio on 3 August however the full song, much later.

    A first in the music industry, this one step by Sony Music India promises to be the change agent for the Indian Music Industry.

    Commenting on the same Shridhar Subramaniam, President – Sony Music Entertainment – India and Middle East says, “The concept of ‘everything-free’ will change or rather needs to change to an ecosystem where some things will be free and other things will be paid. The reason ‘Phurrr’ was chosen is because it is the biggest project of the year with an international collaboration so we felt that if we are taking this step then we must do it with a very big song. We needed a big project with a must-listen song that had so much anticipation.”

    He further added, “We’re inserting a paid window in the music business which didn’t exist prior to this.”

    This means that any consumer / listener who wants to access the song first will now have to pay for the same. This bold decision comes after much deliberation with key partners and stake holders including audio streaming platforms such as Saavn, Gaana, Hungama as well as the producer of the film Red Chillies Entertainment. The stakeholders do seem to be supportive of the decision, Shridhar says, “At the end of the day, it is the health of the music industry and the health of the platforms that are at stake and this decision directly benefits the health of the creators. They will definitely be in for this. While also for us Red Chillies, Shah Rukh Khan and Pritam embraced this idea whole heartedly.”

    What Sony Music India is doing with Phurrr is essentially warming up listeners to pay to access the latest music, via subscriptions. The label promises to follow this through with other tracks going forward.

    This is one small step for India and a first for an Indian song and hopefully a move for the better for the Music Industry.

  • Javed Akhtar revamped IPRS’s new chairman

    MUMBAI: Fresh elections were held after more than a decade in the revamped IPRS, in which both the authors (music composers and lyricists) and publishers (music labels) participated. These elections have the backing of the author and publisher community in India. Renowned poet and writer, Javed Akhtar, was unanimously elected as the chairman of the new board.

    The revamped IPRS has adopted a new working constitution and is fully in sync with the Amended Copyright Act. The primary objective of this constitution is to ensure rightful royalty flow to all the rights owner, while simplifying licensing process for the end users.

    Akhtar said, “IPRS has turned over a new page and a new chapter has started, where there is no WE and THEM, only US. Writers, composers and publishers have risen above the past conflicts and have a taken a pledge to work together for the enhancement of Indian Music Industry’s reach and prosperity.”

    “This is a historic moment for the music industry, and will act as catalyst of growth for all stakeholders. We look forward to IPRS achieving new heights under the leadership of Javed saab,” said Saregama India managing director Vikram Mehra.

    The newly elected members on the board are Javed Akhtar, Shridhar Subramaniam, Aashish Rego, Kumar Taurani, Rajinder Singh Panesar, Devraj Sanyal, G.V. Prakash Kumar, Ganesh Jain, Anupam Roy, Mandar Thakur, Sahithi Cherukupalli and Vikram Mehra.

    The Indian Performing Right Society Ltd. (IPRS) owns, administers and currently controls the Performing Right in Musical Works and Literary Works assigned to it by its owner members.

  • FICCI FRAMES: Legitimate screens, stricter laws, best practices for IPR

    MUMBAI: A National Intellectual Property Rights policy is a healthy prescription for the creative industry that seeks to provide an enabling framework for monetisation, protection and enforcement of copyright, but this can only succeed if there is robust law enforcement in addition to more punitive provisions.

    This was the gist of “Own, Convert and Protect Intellectual Property as a Driver of Innovation and Growth” at the FICCI FRAMES 2017.

    It is equally necessary for creative minds to understand their intellectual property rights globally, and constant amendment of relevant laws, apart from better co-ordination among all stakeholders in the media ecosystem.

    Solstrat Solution advisor S Rama Rao in his special address that set the tone of the discussion explained the difference between tangible and intangible assets such as intellectual property, which, he said was a human right with legal entitlement. He quoted Article 27 Para 3 of the United Nations Charter which underlined the significance of IP.

    However practically, the creative industry’s on lack of understanding of the value of IPR combined with inadequate enforcement mechanism and an inconsistent regulatory framework that stands in the way of the industry’s growth aspirations.

    Saikrishna & Associates senior partner Ameet Datta moderated a discussion where four participants gave their views on different aspects of IPR in India and globally.

    Among the leading lights of the industry who elucidated on the blueprint for translating policy into practice, the Paris-based International Federation of Film Producers Associations (FIAPF) chief representative Benoit Ginistry said a robust law-enforcement system needed to be in place to ensure intellectual property rights are protected.

    Lauding the Indian IPR laws, he said it was a positive step. Globally, he said, IP laws needed to be updated. Ratification and implementation of the laws was important, and technical performance measures (TPM) needed to be secured, he said.

    Ginistry suggested that one needed to protect investments and licences, and one needs to go beyond the copyright laws. India must join anti-piracy groups and campaigns in Europe, Japan and South Korea.

    Whether administrative measure or enforcement was vital to control IPR violation because of proliferation of streaming sites, MPA V-P Asia-Pacific Hank Baker half-jokingly commented that the world today does not allow the creator the leisure of creating and sharing creativity at will. “People are inclined to steal somebody else’s work,” Baker regretted.

    Appreciating the Indian government efforts and laws to protect IP, Baker said that around 42 countries were following “Best Practices” (also including site blocking and watermarking) in the creation and protection of IP. “The shelf life of a movie is a few weeks, but as soon as it is released, a cat and mouse game begins,” Baker complained. Decrying the existence of a transnational pirate network, he said that the ecosystem and the legal framework must be prepared to deal with any IP infringement.

    Baker was sad that the industry had never been as vulnerable as it was now. Censorship and limited number of screens to showcase new films were the other impediments. “People want to see when they want to see – no matter what,” Baker said matter-of-factly. There needs to be wider approach to support the industry.

    Reiterating the United States’s US$ 250 billion annual loss owing to violations, US consul-general to Mumbai Thomas L Vajda said IPR was a huge priority as the world was moving to a knowledge economy. Giving information about the formation of an IP working group two years ago, Vajda said US government was working with a number of state governments in India including Maharashtra towards protection of IPs. For the sake of IP protection, he said co-operation of different sectors was needed. “It’s not just the role of police to help protect IPs, different ministries must be involved in protect original content,” Vajda said.

    Vajda supported the ideas of spurring more innovation, protecting ideas and promoting more investments, but “a genuine intent is important.”

    Speaking about the protection of music IPs, Sony Music Entertainment president – India and Middle East Shridhar Subramaniam said IP laws had been gradually tweaked and a lot of finesse achieved. Although happy about the national policy and amendment to copyright laws in the last couple of years, Subramaniam said he was unhappy about the (monetary) value loss owing to violations by hiding behind safe harbour laws. The primary intent of the laws was to protect the interest of the creator, he added.

    Effectively checking piracy was a court-driven process, he said. Other measures that were being taken were blocking pirate sites and taking down rogue apps, Subramaniam said.

    The Sony Music executive recommended expanding the scope of licencing vis-à-vis radio, broadcasting and internet. He suggested trying and passing on benefits of innovation to the users. National registry and documentation help grow businesses, he felt, but lamented that there was no control over piracy originating from neighbouring markets.

    Music was tech-enabled consumption, Subramanian said, adding that there was a need to foster an environment of licencing. “Our input cost is not regulated,” he said. Although music legitimately belongs to the rights holders, some were using methods disguised as innovation. While ranking the federal states, Subramaniam opined, one could consider IP-friendliness as one of the primary criteria for selection.

  • Sony Music’s Shridhar Subramaniam succeeds Ganesh Jain as PPL chairman

    Sony Music’s Shridhar Subramaniam succeeds Ganesh Jain as PPL chairman

    MUMBAI: Sony Music Entertainment president India & Middle East Shridhar Subramaniam has been unanimously elected as the chairman of Phonographic Performance Limited (PPL) the by board of directors representing Saregama, Universal, Tips, Venus and Aditya Music.

     

    Venus Worldwide Entertainment Private Limited chairman Ganesh Jain, who presided over PPL during one of the four most challenging years of the organisation.

     

    Jain said, “It gives me great pleasure to pass on the baton to a stalwart in the music industry and I believe Shridhar with his unique ability and experience will steer the industry successfully into the next phase of expansion.”

     

    “These are exciting times. The industry has great opportunities as well as challenges ahead and with the help of the Board and Management, I hope to bring a sense of optimism and inclusiveness to PPL and the industry and I am confident that we will collectively build the foundations for a strong future,” added Subramaniam. 

     

    Universal Music Group South Asia managing director Devraj Sanyal, Tips Industries managing director Kumar Taurani, Saregama India managing director Vikram Mehra and Aditya Music chairman Umesh Gupta expressed their support to Subramaniam.

     

    President of Honour V.J. Lazarus, who spent the last 10 years at PPL will be concluding his long innings with the association in March 2016. Lazarus has a experience of 45 years in the industry, the first 35 as Universal Music Group India managing director and later chairman.

     

    Lazarus said, “I will dedicate these final six months of my tenure to facilitate and support chairman Shridhar Subramaniam, the PPL Board and the Management through this transition.”

     

    PPL was incorporated in 1941 and is the apex-licensing arm of the Indian music industry and administers Public Performance and Broadcasting rights on behalf of over 200 members, which include the leading music companies like Saregama, Sony, Universal, Tips, Venues, Aditya Music, Times Music, Eros and Music Today amongst others.

  • ‘Sony music segmentation study’ a Feci report

    ‘Sony music segmentation study’ a Feci report

    Sony Music India Segmentation Study is India’s first and largest research undertaken to analyze psychographic and demographic profiling of Indian audiences based on their music consumption patterns. It offers a never seen before insight into the life of a consumer over-layed with their music preferences.

     

    The proprietary Sony Music Segmentation Study is conceptualised and managed by the International Insight Team –at Sony Music UK and India along with market research giant GMI (Global Market Insite) with the objective of providing audience insight and music trends across different consumer segments in key markets. For India, a nationally representative sample size of 7500 + consumers aged 13 + across 23 cities, were asked a series of question statements and choices; including their hobbies interests and preferences from hundreds of artist, brands, retailer and media outlets they regularly interact with.

     

    The study uncovers 28 unique segments of music consumers classified under a model called as FECI – Fanatic, Enthusiast, Casual and Indifferent, based on how central music is to their lives. The trend study also researched the usage and consumption habits, music spends by teenagers in urban cities, music discovery patterns across age groups, music consumed on a daily basis, brands consumers admire and spend on with respect to music & the role it plays in marketing and advertising. 

     

    Commenting on the study, Mr. Shridhar Subramaniam, President, India & Middle East – Sony Music said, “The consumers of music are a poorly researched and understood segment. Though music is central to most Indians and the music industry in India has grown exponentially very little has been invested into understanding how they discover, behave and interact with music and artitsts. Sony Music India Segmentation Study is the first in-depth and extensive research that digs deep into the music consumption habits of consumers to understand trends, preferences and lifestyle choices. These insights can be leveraged by artists, marketeers and brands to talk to consumers more effectively.

     

    Key findings of the Sony Music Segmentation Study:

     

    • 70% of those surveyed admitted to attending a music festival or concert for the ‘experience’ and not so much the ‘music’ on offer

     

    • CRBT witnesses a comeback with urban audiences spending almost upto 8-10% of their income on it Males spend maximum on CRBT over females

     

    • 40% of people directly follow artists on social media for updates

     

    50% of people access music on their mobile phones of which maximum stream music 

  • Sony Music Entertainment buys strategic stake in Infibeam

    Sony Music Entertainment buys strategic stake in Infibeam

    NEW DELHI: Sony Music has bought strategic stake in Infibeam Digital Entertainment (INDENT) with Infibeam holding majority stake in the company and Sony Music holding a 26 per cent stake post completion of transaction.

     

    INDENT with its clear strategic focus will offer an attractive platform to large and medium music labels in India and internationally. Any music label or brand holding rights to content can use the INDENT platform to engage customers and monetize by distributing digital as well as physical content under their own brand with payment integrations.

     

    Sony Music Entertainment President India and Middle East Shridhar Subramaniam said, “INDENT fills a need gap for all music rights owners. As the digital eco system keeps evolving, there has been a strong need for an independent technology company that music companies can partner with to build innovative services and offerings. Every content owner has aspirations to reach consumers and brands directly. INDENT empowers these labels with a scalable and commerce ready platform.”

     

    Infibeam founder & CEO Vishal Mehta added, “INDENT continues to build state-of-the-art inclusive digital platforms powering music applications installed on millions of mobile phones and high quality experience to music lovers.  It will enable brands, technology and music on common interface with innovative customer engagement models.”

     

    Last year, Sony Music partnered with the new range of Sony Xperia Smartphones to launch ‘Sony Music Jive’ – a first of its kind music service that allows consumers to download and stream music from the Sony Music Catalog of two million songs, which was powered by INDENT. Post the successful launch of the Jive application on the Xperia smartphones in India, the same application was launched in Indonesia, North Africa and Middle East markets.  The service was also extended to Sony VIAO laptops in 2013.

    With large repository of music content, INDENT will continue developing applications for many large labels and brands with integrated Telco billing, OEM bundling and social platforms. Currently, INDENT offers its service to Sony Music, INRECO (The Indian Record Manufacturing Company), to name a few.  INDENT is projecting revenues of $3-5million in current year.