NOVEMBER 20194siliconindiasiliconindiaThe music and entertainment industry is now witnessing a huge boom in the number of start-ups working in the space, from the days of early iTunes to today's market full of Spotify, Saavn and entrepreneurs are continuously looking for new ways to push the boundaries of the industry. Many innovative startups are working diligently to develop exciting tech tools that will have a significant impact on the Indian music industry in the coming period. The Indian music industry grew 24.5 percent to touch $156 million (Rs. 1,068 crore) in 2018. According to a report released by IFPI, a body representing the recording industry worldwide, India, currently ranked 15th in the world, is well-positioned to break into the top 10 music markets by 2022.Technology innovation has played an essential role in the music industry ecosystem. From discussing a brand new artist's strategy for trying to get noticed in the business to analyzing the staggering complexities of revising the manner in which royalties are collected and distributed, tech solutions are always a big part of the conversation. And it is due to these technological innovations, that the music industry has already witnessed massive shifts. Trends like artificial intelligence (AI), machine learning, Blockchain, and bots are the latest innovations making waves in the music technology landscape. And the best part is start-ups are leveraging these in depth to take advantage of their potential. Our current edition features a list of "10 Most Promising Music & Entertainment Startups". These promising start-ups are a small sample of the many innovators working on developing new solutions to meet the needs of the evolving music business. Do let us know your thoughts...Nandini MukherjeeManaging EditorStartups are Remodelling the Existence of Music & Entertainment IndustryEDITOR'S NOTE Vol 5 · Issue 4 - 3 · November, 2019 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Monica Pallavi J Aparna Roy Riya Sethi Sales & Marketing Divya Shokeen Tapas Ranjan Mallick Editorial Queries editor@startupcity.com To subscribe Visit www.siliconindia.com/subscribe Cover price is ` 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Vetrivel S ManjunathSr. Manager Sales & Marketing Amrit Singh
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