Leading digital music strategy and research company, Music Ally and MIDEM, organizers of the digital music-focused MidemNet, have announced the winners of the second Music Ally/MidemNet “New Business Showcase.”
The seven winners are: The EchoNest (US), Soundcloud (Germany), MPTrax (US), Playanywhere (Israel/US/UK), Instinctiv (US), Passionato (UK), Mustik (Netherlands). They will present their ideas at MidemNet’s 10th annual conference in Cannes from 17-18 January 2009.
We’ve come across this video of U2 manager Paul McGuinness offering his thoughts on digital music at Midem earlier this year.
He called it, “The Online Bonanza: Who is making the money and why aren’t they sharing it?” In this he had some tough things to say against, well, almost everybody – and predicted Apple’s move to offer subscription services through iTunes, which is theoretically coming along next month. Worth a watch/listen if you haven’t seen this before. (He also predicted a three strikes and you’re out scheme with ISPs, the evolution of a strong iTunes alternative and more – not at all bad for nine minutes chat).