UNLIMITED SUPPLY with Digital Music News The shallow money canal? Cool New Hires, and financial regulators are still a thing -- In Korea
Jul 25, 2025
The podcast dives into exciting new hires in music tech, like the head at TuneCore and a former Pandora executive at Sonos. It discusses major financial moves, including a $1.76 billion deal by Concord and insider trading controversies at HYBE. The conversation also highlights how just 2% of Spotify listeners drive half of ticket sales, stressing the importance of engaging superfans. All this is framed within a personal celebration, making it a lively and informative listen.
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Nikki Shamel's Career Progression
- Nikki Shamel was appointed as TuneCore's new U.S. head after helping build AWOL, later bought by The Orchard.
- Lars Murray praises Nikki as a hardworking, reliable person advancing well in her career.
Tom Conrad Improves Sonos App
- Tom Conrad was brought in as interim CEO at Sonos to fix app usability issues that frustrated users.
- Since his takeover, the app's user interface has greatly improved, easing customer frustrations.
Concord's Massive Music Rights Deal
- Concord's $1.76 billion asset-backed securities transaction shows aggressive music rights investment growth.
- Investors oversubscribed the deal three times, illustrating strong interest in music rights as financial assets.