Jan
27
Here Are The 100 Most Powerful People In The Music Biz
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Billboard has released the 2012 Power 100 list, which ranks the 100 most powerful people in the music industry, and it reveals that times are changing!
No longer are the record labels in control, instead power is shifting to the artists, their managers, and the people who book them.
One top entertainment attorney who was consulted to create the list said:
"Ultimately the artists are in control. So whoever most influences the artist has the power. But the label role has diminished as they no longer can provide the established artists with as much cash as they used to."
Jay-Z, Beyonce, Taylor Swift, U2, Jon Bon Jovi and Lady Gaga are the 6 artists on the list, while there were just 21 record labels executives, but 23 managers and 10 television and movie executives. The rest of the names come from radio, music publishing, digital service providers, branding companies, trade groups, lawyers and even 2 venture capitalists.
Perez Hilton isn't there yet, but give us a couple more years! LOLz!
Check out the list that was determined by a combination of factors including market share, exclusive Billboard chart data/boxscore information and revenue, below:
1. Irving Azoff
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