BPI, the British Phonographic Industry, has created a new initiative focused on bringing technology into its work in new ways. The BPI Innovation Hub will meet quarterly to connect tech companies with record labels. Vanessa Higgins, who runs both Regent Street Records and Gold Bar Records, will be the first director for the hub.
“The relationship between technology and record labels has always been important, and never more so than right now in today’s rapidly changing landscape,” Higgins said. “We want to shape the future of the music industry, not react to the rules thrust upon us. The BPI Innovation Hub is here to facilitate and foster these exciting potential partnerships.”
The first meeting happened last week. Participating tech businesses included metadata company Beatroot, digital rights collections agency Traccks, and virtual reality company Mativision.