How can you run a profitable music business in the future?

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The MIA organised ‘The Future of Our Industry’ event is is now less than 3 weeks away. In the lead up, we are examining some of the headline topics in more detail to give you an idea of the direction of the day.

The afternoon will be made up of four topics that each address challenges our industry will face both now and in the future. A cross-section of relevant voices from around the industry will discuss each topic in turn before opening up to the floor for further question and comment. Hopefully we can widen the debate and together learn more about the issues we collectively face.

Here is an insight into our fourth panel of the day: ‘How can you run a profitable music business in the future?’

We are creative people, and we want to offer engaging and educative content to our audience of music-makers, as they continue their musical journey. But we can’t, we can’t because those kind of experiences cost and there is literally nothing left in the barrel to scrape. So where is the profit going to come from?

In this final panel we are going to explore alternative opportunities to the bolster the bottom line, whether it be partnerships to maximise floor-space potential, different ways of leveraging profit from inventory or working with local artists to create content.

To find out the views of a cross-section of industry experts, and to have your say, come along to our event:

“The Future of our Industry” will be held on Thursday 16th May 2019 at the Victory Services Club, Seymour St, London, W2 2HF – a 2 minute walk from Marble Arch Tube Station.

We anticipate that this event will be highly attended, so please book now to avoid missing out on a vital event designed to support your business, and inspire you with new ideas to help you to tackle this tough climate.

Tickets including lunch buffet and evening meal are just £49 + VAT for members, and £99 + VAT for non-members. Email clare@mia.org.uk to reserve your place today.

11:30 – Arrival and buffet lunch

13:00 – Welcome and Opening Remarks – Anthony Short

13:30 – Panel 1: ‘If 80% of the population claim they aspire to play a musical instrument, why isn’t our industry more diverse?’

14:30 – Panel 2: ‘How will a bricks and mortar store be relevant to the customer purchase journey of the future?’

15:30 – Break

16:00 – Panel 3: ‘Should the Government have an obligation to support the High Street and if so how?’

17:00 – Panel 4: ‘How can you run a profitable music business in the future?’

18:00 – Summary – Anthony Short

18:15 – Bar opens and evening meal

22:30 – Close

We have a number of people who have already kindly offered to be part of the panels, please let us know if you would like to take part?

Contact paulmc@mia.org.uk