It’s no secret that investment dollars flowing into music startups have dwindled. Some of the drought can be blamed on a poor economy, but the music sector has also seen more than its share of failures and false starts. It may not be easy to make money investing in music, but Bruce Warila believes that its far from impossible if you look in the right places.
Midem(Net) Blog readers may know Bruce Warila from his contributions to Music Think Tank, but he’s also an entrepreneur, analyst and part time investor that has been working with various industry startups and artists over the last five years.
“Looking across the spectrum of previous music industry investments…(most) are held hostage to, and will remain a prisoner of, the large label system that has dominated the music industry for decades.”
Bruce put together a three page white paper originally published on Hypebot outlining the state of current music industry investing and why he thinks the real investment opportunities have yet to be uncovered.