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Midem addresses new world order.

Music Week

| February 03, 2007 | COPYRIGHT 2007 CMP Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New business models, free music and the future of DRM top 41-year-old event's agenda

by Martin Talbot

Anyone who has been to Midem over the years will tell you that Cannes in January boasts weather that can change with the tide.

But if the weather is changeable, Midem has also seen a wide range of industry moods too. Buttressed by the addition of MidemNet eight years ago, this 41-year-old conference has become perhaps the most reliable barometer of music business health.

And, after several years of staring into the music business crystal ball, this year's event reflected an industry that is realigning itself with a world built on new models.

The future of DRM, the potential for ad-driven "free music" services and the fate that awaits both indies and majors were the key topics of debate in Cannes.

Typifying the mood of change, perhaps, was EMI, the first major to grasp the nettle and make some tough decisions in 2007. The company's new chief executive officer Eric Nicoli arrived in town during MidemNet, using the presence of executives from around the world to speak for the first time to his national chiefs, along with his newly- promoted chairman and CEO of EMI Music International Jean Francois Cecillon.

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