Tarzan Economics Unveiled
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In this engaging MEIEA Summit 2022 session, Will Page, former Chief Economist of Spotify, presents insights from his book ‘Tarzan Economics: Eight Principles in Pivoting through Disruption’. Alongside Ralph Simon, he delves into the transformative dynamics of the music industry and how it can adapt and thrive amid continuous disruption. Page shares his experiences at PRS for Music and Spotify, where he worked on significant projects like reimagining music catalogs and understanding the anatomy of hits, all aimed at harnessing the global music economy's potential. The keynote provides valuable strategies for navigating the fast-evolving landscape of music economics.
Will Page takes us through a journey of how the music industry can pivot through disruption, sharing the inventive strategies from his book ‘Tarzan Economics’. His role at Spotify and PRS for Music allowed him to witness numerous industry shifts, each demanding a novel approach to stay afloat. His talk is a roadmap for embracing disruption and capitalizing on transformative opportunities.
The keynote unpacks the anatomy of a hit, a concept Page developed during his tenure at Spotify. By analyzing what makes a song globally impactful, industry players can optimize playlists and leverage hits to sustain growth. Alongside Ralph Simon, Page illustrates how innovative cataloguing could remake the music landscape.
Listeners are also treated to stories about saving BBC 6Music and redefining value in music copyright. These anecdotes not only highlight Page’s contributions but also offer lessons on sustaining beloved cultural institutions during change. The focus is clear: evolve by understanding past success and future potential to navigate the upheaval in music economics.