Friday, January 11, 2008

Creative & Cultural Skills sponsors music business summit

The Association of Independent Music will on January 10 host Investing In Music - a one-off discussion exploring the tricky issue of attracting finance for up-and-coming music businesses.
The invite-only event, supported by Creative & Cultural Skills, will see music industry and government top brass examine funding challenges and opportunities in front of a select audience of financiers and music executives.

Creative Industries Minister Margaret Hodge will join Steve Levine, Robin Millar, Martin Mills (MBE), Stephen Navin, Stephan Bourdoiseau, Cliff Dane, Ian (Wez) Westley, Stephen Bass, Paulette Long and Geraint Howells for a roundtable discussion of funding options (titles below).

Audience members include representatives from leading media finance houses and executives from the fields of recording, production and publishing.

Margaret Hodge said: "It's no secret that it can be tricky for small and medium sized music businesses to access finance. This type of event is crucially important in helping everyone understand the reasons why problems arise and how we can work together to address them. I look forward to attending AIM's Finance Day."

Tom Bewick, Chief Executive of Creative & Cultural Skills, added “It is estimated that the UK accounts for almost 15% of the global music market yet our research shows that the music industry is disparate and diverse.

"There are hundreds of small businesses concerned with simply staying afloat, let alone focusing on the career training and development that will enable them to continue competing on a global level. Access to finance is of key importance here and we look forward to the outputs of this summit."

AIM Chairman & Chief Executive Alison Wenham said: “AIM has organised this one-off event to bring together young entrepreneurs and experienced industry practitioners with representatives from government, public and private funding bodies, to discuss the investment opportunities in the vibrant independent sector.

"We welcome the Minister’s attendance, and look forward to sharing some of our ideas and issues with her and the audience”.

Event Details:
9.15 am – 12.30 pm, Thursday, 10th January 2008
The Churchill and Attlee Room, Providian House, 16-18 Monument Street, London, EC3R 8AJ

www.musicindie.com

http://www.creativematch.co.uk/viewNews/?95315

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