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At the height of the pandemic, singer-songwriter Laufey spent her free time outside of classes at the Berklee College of Music taking hours-long meetings with industry executives. With only two self-released singles out at the time, the modern jazz artist was already fielding emails from managers, labels and publishers interested in signing her — but for Laufey (pronounced Lay-vay), the conversations were about understanding the inner workings of the music business.
“I had a second education talking to so many people,” she says. “I would take meetings on my own and say, ‘I’m not signing anything, but tell me everything you know about the music industry.’”
Three years later, Laufey has taken that information and built a team to help bring her pop-infused style of jazz to the top of her genre. In September, her second album, Bewitched, reached No. 1 on Billboard’s Jazz Albums and Traditional Jazz Albums charts, fueled by the success of catchy bossa nova-inspired lead single “From The Start.” Her prior releases have subsequently soared up the rankings, prominently stamping the 24-year-old’s name across charts otherwise filled with legacy acts including Frank Sinatra, Nat King Cole and Miles Davis. Thanks to her confident and dreamy voice and social media savvy, she’s now crossing into the mainstream as one of the biggest jazz stars of the streaming era. And following a year in which fellow jazz artist Samara Joy won best new artist, appetite for the genre seems at its hungriest in decades.
Long before she dedicated herself to learning the industry, Laufey understood life as a musician. Her maternal grandparents were both professors of music in China, and her mother is a classical violinist. (She has appeared on a few of her daughter’s songs, such as the titular track from 2022 debut album, Everything I Know About Love). Born in Reykjavík, Laufey began playing piano at four years old, picked up cello at eight, and started singing jazz a few years after that, all while moving between Iceland and Washington, D.C., and spending her summers at the Central Conservatory of Music in Beijing. “My mom could tell that I had a natural inclination for music,” Laufey says.
While studying as a cello student at Berklee, Laufey knew she wanted to mix her jazz and classical background with her own contemporary voice. As she grew into her own at school in Boston, she gained confidence and began writing her own songs. She recorded her first track, “Street By Street,” on the last day before campus shut down due to COVID-19 restrictions. A few weeks later, she uploaded it on DistroKid. “It got some attention,” she remembers. “I started growing a social media following online and it all snowballed from there.”
Laufey photographed October 29, 2023 at The Wilbur in Boston.
She continued to hone her songwriting skills amid her virtual college experience, challenging herself to pick up her guitar, create catchy hooks and pen “cheeky” lyrics every time a Zoom class ended (“Listening to you harp on ’bout some new soulmate/ ‘She’s so perfect,’ blah, blah, blah,” she sings on “From The Start”). She began posting videos of her singing jazz standards by Ella Fitzgerald, Billie Holiday and more on Instagram and TikTok. The clips quickly became a refuge for people seeking levity during the pandemic. “I was freaking out,” she acknowledges. “I was like, ‘OK. I have a duty to fulfill.’ It was such good practice for me.”
Later in 2020, her social media success led to inquiries from top music executives. Following months of meetings, she signed a global recording deal with AWAL and added a manager in Max Gredinger from Foundations Artist Management. “I saw her building this insane online audience on her own and thought, ‘We could build on that,’” says Gredinger. He acknowledges that there wasn’t much precedent for breaking jazz artists into the mainstream today — but if anything, he notes, they used it to their advantage.
“I hear a lot of artists talk about other artists like, ‘What’s the blueprint?’ Laufey doesn’t really do that. Of course, there are artists that are massively inspiring to her. Norah Jones, Adele, Chet Baker, all the jazz greats [and] a lot of classical composers. But she always knew that what she was doing was one of one and something that hadn’t been done before.”
Max Gredinger and Laufey photographed October 29, 2023 at The Wilbur in Boston.
Without a definitive outline to follow, Laufey primarily focused on further developing her social media presence, specifically on Instagram and TikTok. In addition to teasing music and responding to fans’ comments and DMs, she livestreamed weekly sessions of her performing lullabies. “If you gave me all the money in the world, I don’t think I could come up with a better social strategy than Laufey,” Gredinger says.
Following the August 2022 release Everything I Know About Love, she toured 250-to-500 capacity rooms in the U.S. — a crucial component to Laufey’s development, stresses Gredinger, and a way for her to build buzz amid her growing fan base. By the middle of 2023, she was ready to start the rollout of her follow-up album, beginning with her biggest hit to date, “From The Start.” After writing the entirety of the song in half an hour, she released the charmingly upbeat song last May, and it immediately took off on TikTok, though she initially brushed aside the numbers.
“Sometimes you put a song on TikTok and it does well because it’s visually stimulating or it has a hooky lyric, but it won’t go past that,” Laufey says. However, once it eclipsed a million streams in a 24-hour period and tripled her previous record, she knew that she had something special.
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Laufey continued to grow momentum with new singles throughout the summer — and expanded her team as well, signing a global publishing deal with Warner Chappell Music in August. The following month, Bewitched arrived through AWAL and has since spent eight weeks atop both Jazz Albums and Traditional Jazz Albums. Following its first tracking week, “From The Start” also hit No. 1 on the Bubbling Under Hot 100 chart. Through Nov. 2, the song has 3.5 million official on-demand streams, according to Luminate.
Amid her current 30-date sold-out North American tour, Laufey earned her first chart entry on Hot Alternative Songs and Hot Rock & Alternative Songs with her seductive beabadoobee team-up, “A Night To Remember.” On Friday (Nov. 10), she’ll drop two holiday tracks: Her rendition of “Have Yourself a Merry Little Christmas” and an original titled “Better Than Snow,” both with jazz-pop icon Norah Jones. And as she continues to carve her own path and expand her audience across genres, Laufey is more confident in her future than ever before.
“When I started out, people were always asking me, ‘Who do you want to be like?’” Laufey reflects. “I had no idea what to say. I still have no clue what to say. The difference is, now I don’t need to. I’m just going to keep making the music I want and hope that it reaches as many ears as possible.”
Laufey photographed October 29, 2023 at The Wilbur in Boston.
A version of this story will appear in the Nov. 18, 2023, issue of Billboard.
A little more than two years ago, HYBE invested millions into Supertone, an AI voice synthesis startup. Their relationship would allow for a collaboration with an existent artist that created a new kind of artist entirely — here’s how it happened.
An AI Alliance
HYBE’s relationship with Supertone begins in February 2021, when HYBE reportedly invests $3.6 million into it. By January 2023, their partnership expands when HYBE acquires Supertone entirely for a reported price of over $30 million. Little was then known about HYBE’s plans to integrate Supertone technology into its music empire (the company’s stable of K-pop supergroups includes BTS, Tomorrow x Together and ENHYPEN) other than that HYBE’s founder and chairman, Bang Si-Hyuk, told Billboard in his recent cover story that one of HYBE’s first integrations was referred to internally as “Project L” and scheduled for May 2023.
The Digital Debut
Right on schedule, HYBE starts to tease an upcoming single from MIDNATT, a new alter-ego of popular Korean singer Lee Hyun. Two weeks later, on May 15, he releases his first single, “Masquerade,” using Supertone technology to help him translate it into six languages: English, Korean, Spanish, Japanese, Chinese and Vietnamese. Through Supertone, the singer improves his intonation and pronunciation of the languages to sound more like a native speaker. Shortly after its release, MIDNATT says that he was inspired by “talking about language barriers” with his team: “When I would listen to music in other languages, I couldn’t immerse into the music as well as in my native language, and we were talking about how we could overcome [that].”
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How It Works
Voice synthesis is best understood as a subset of generative AI that lets users manipulate their voice while talking or singing, allowing them to assume the timbre and tone of a particular celebrity, character or loved one. But some companies, like Supertone, also enable users to make other edits, like altering the language, age or gender of speech.
The Results
It’s a controversial use of AI, raising ethical questions about assuming someone else’s voice and making one’s own unrecognizable, but MIDNATT’s employment of voice-synthesis technology was largely well received. “After I experienced it myself, I think it really depends on how you utilize it,” he says of using the technology. “The sense of responsibility is what matters the most. So as far as it is used in the music, I think it is a great opportunity for me to make [my song] more accessible and more immersive to the fans worldwide.”
This story will appear in the Oct. 21, 2023, issue of Billboard.
Since the dawn of the dotcom bubble, countless promising tech companies have flamed out shortly after starting up, often dragging investors down with them.
Billboard asked three prominent music tech advocates to identify the red flags that investors need to watch for and applied them to three sectors once touted as the future but since consigned to the past.
NFTs
One of the most-hyped tech innovations in recent years, non-fungible tokens generated $25 billion in total sales in 2021, according to market tracker DappRadar. The digital collectibles that are bought and sold using digital currencies drew big-name investors such as Jack Dorsey, Mark Cuban and Guy Oseary and generated millions from successful NFT sales by artists like Diplo, Grimes and The Weeknd. But today, the chat rooms where NFT investors gather are “just such a sad place,” Diplo told Billboard in August. “It was such a mountain of hype.”
The once-popular Bored Ape Yacht Club collection, which Oseary represented and celebrities including Jimmy Fallon, Madonna and Justin Bieber promoted, has seen its floor price — a minimum dollar amount that indicates market demand — decline by 88% from its peak in April 2022. (Two money-losing Bored Ape NFT holders subsequently sued those celebrities, alleging they failed to disclose their financial stake in the company they were promoting.) The lesson? Raised in Space music/tech investment fund founder and managing partner Shara Senderoff says it’s crucial to remain “unfazed by the allure of potential brand partnerships, inflated market-size potential or endorsements from other investors. What truly matters is a focus on revenue generation and the scalability of the business model.”
Livestreaming
In the first year of the pandemic, over two dozen livestreaming companies launched — including Sessions, Bulldog DM and Dreamstage — offering fans the ability to stream concerts at home. Among the investors in the reportedly $1 billion industry were Sony Music Entertainment, Scooter Braun, Deezer and Superfly founder Rick Farman, drawn in by the industry veterans leading the companies and high lockdown demand. Over 113 million U.S. internet users viewed livestreams in the second quarter of 2020, according to market research and analysis company MusicWatch.
Ultimately, fans were overwhelmed. Bandsintown aggregated more than 44,000 global livestream events from late March 2020 to August 2021 — and once in-person events resumed, demand dwindled. After a wave of consolidation, only a few companies like Veeps, which Live Nation acquired in January 2021, claim to remain popular. Artist Partner Group/Artist Publishing Group head Mike Caren says he always looks for businesses that offer “a clear road map for their future development,” which in this case ought to have factored in the resumption of in-person live events.
Social Audio
Another area of music tech that flourished during the pandemic, social audio startups from Spotify, Amazon, X (formerly Twitter) and Clubhouse have all shut down or changed strategy in recent months. At its height, Amazon’s Amp, which the company closed in October, let users host their own shows by streaming music and drew high-profile acts like Lil Yachty, Nicki Minaj and Travis Barker for hosting gigs. While one such platform, Stationhead, remains popular, Raine Group partner Joe Puthenveetil is among investors who say it is usually wise to avoid “companies that rely on buzzwords” over time-tested business metrics.
Additional reporting by Kristin Robinson.
This story will appear in the Oct. 21, 2023, issue of Billboard.
Founded in 2017, Techstars Music was known as the premier music technology accelerator, providing funding and support to now-thriving companies like Endel, Splash, Hello Tickets, Community and Replica Studios. The company chose 10 startups each year and provided $120,000 to each, along with mentoring from its network of 316 music and entertainment executives from HYBE, Sony Music Entertainment, Warner Music Group, Concord, Quality Control and more.
Of the 70 startups that Techstars selected, the most successful 21 have gone on to raise over $263 million in follow-on funding since. Despite those successes, managing director Bob Moczydlowsky says that the company chose its final class this past summer — but his career as an investor is far from over.
Why is Techstars Music shutting down?
Even though the way we have been investing has been working, it has been held back by the constraints of an accelerator, which we feel is an outdated model. The amount of capital we can provide is limited. It is also held back by the constraints of labeling it “music.” We want to invest in companies solving problems for music, not music tech companies, but the reality is that founders see “Techstars Music” on the door and they bring us their startup to help kids learn to play a violin. We actually believe instruments will become irrelevant and software will mainly replace them. Our thesis now is we want to fund the future of entertainment, self-expression and live events. This changes almost nothing in how we have already been operating and evaluating companies, but we want this thesis publicly understood.
Why are accelerators outdated?
The accelerator is a great product. It was designed around the time of the financial crisis of 2008. Because angel and pre-seed investors largely disappeared, accelerators fit a need and had great returns. Plus, it helped new companies get the mentorship they needed. Now the cost of running a business — talent, travel, etc. — has grown. Smart founders can now find online most of the information accelerators provide on how to structure a company. The economic deal that accelerators offer to founders has not evolved in that time, so every year, the accelerator is providing the same amount of capital investment, buying the same amount of equity from founders, but that capital is buying fewer and fewer things … We need to make more investments and do it on a rolling, year-round basis. We need to provide more capital too so companies can better leverage the connections we can give them.
What does the future of your investing look like post-Techstars Music?
The goal is to be the best investor in this category. To do so we need to make more investments and do it on a rolling, year-round basis. We need to provide more capital too, so companies can leverage the connections we can give them better.
You’re not trying to invest in music companies but “invest in companies solving problems for music.” Can you explain what that means?
Music startups typically do not generate venture returns … You also have competitors like Apple, Amazon and Google that use music as a loss leader for other products. That makes investing in that sort of music startup very difficult, especially a pre-seed investor like us.
Because streaming has become the dominant way we are listening to music, it has altered a lot of other habits around it as a consequence … I want to invest in companies solving problems for music, like Community, a direct-messaging service. It’s not musical at all, but it is used by artists and enables them to connect to their fans directly better than ever.
Do you think it is helpful, given investors know how tough music businesses are to run, to define themselves as something besides primarily a music company?
Let me be clear: You cannot change how you define your company to make investors happy, or you will not raise capital, but you need to be savvy as a founder about how you present your business and find investors who are looking for you. One of the myths about raising venture capital is that founders persuade investors to invest in them. Investors are out there looking for companies to invest in all day long, every day. We are just trying to find companies that match our thesis.
We think about it like this: we see the problems the music business has. We see how music and entertainment are going to change over the years, so let’s invest in the things that solve the problems or get us closer to those new realities, not just saying “Hey, let’s see all the music tech startups.”
Do you think this is a particularly fruitful time for investors, given the rapid rise of AI, the maturation of streaming, etc.?
There is more opportunity and more radical change coming in the next five to 10 years than we’ve had in the last decade. The last 10 years were about maturing the streaming market and putting rights owners and artists on stable financial footing. The music business is now as big as it has ever been by revenue, but growth is slowing in the number of new subscribers. We’re at a point where music streaming 1.0 is perfected — what does streaming 2.0 look like? We’re shutting Techstars Music down so that we can come back with the right vehicle for the next 10 years.
In your crystal ball, what do you think Streaming 2.0 looks like?
If Streaming 1.0 was about making all the music play, Streaming 2.0 should be about being able to play with all the music.
Your thesis focuses not just on music now, but live events, self-expression and entertainment altogether. Do you see these sectors converging?
Absolutely. What is the difference between an athlete, a musician, a TV star at this point in terms of the media they deliver? They all have podcasts, documentaries, merchandise, fashion lines — of course, they all have their specialty, but I think it is evident that there will be even more convergence coming soon.
This story will appear in the Oct. 21, 2023, issue of Billboard.
Mike Shinoda has long incorporated new tech into both his solo work (like the Beat Saber VR pack and sci-fi/horror web video game that helped launch his recent single “Already Over”) and his music with Linkin Park (like the AI-generated visuals used in the recent music video for unearthed band demo “Lost”). But the artist-producer has also become a key investor in music technology — starting with Linkin Park’s Machine Shop Ventures, which launched in 2015 as a mix of venture capital projects and live-music activations, and now more recently on his own. Since April 2022, he has also served as community innovation adviser for Warner Recorded Music, providing a forward-thinking artist’s perspective on subjects like Web3 and AI.
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“With labels and future tech, I feel like doors are opening to new types of artists,” Shinoda says. “At a certain point, you wouldn’t have considered a content creator on a social platform to be a music artist. Now you can! In the future, those doors might also be open to nontraditional projects that are pushing the boundaries of what it is to be an artist.”
Have you been surprised by the degree of industry focus on AI this year, or did you see it coming?
Unless you were already deep in the trenches, I think AI hit everybody in a similar way — it blew up very big, very fast — but part of that is people developing complex things behind the scenes. Once some of the general concepts about how one could use AI became more widely known — and the concerns and the creativity, all the different positive and negative sides of it — people started releasing things, and you started getting a sense of how fast it’s moving and all the things we could do.
It’s exciting and it’s new, but you know, I come from an illustration background, and that artist community was up in arms immediately, saying, “Hey, guys, this technology is stealing from us. These are copyrighted images, and it’s pulling them and riffing off of them to make new things.” That’s just the tip of the iceberg.
How much has being an artist informed how you interact with these new technologies and potentially invest in them?
Being an artist, there are times when you are relied on to develop a vision of something, and it needs to come from you — you are responsible for it, you curate it, you collaborate with other people to make it the best it can be. And as part of that, you’re also in charge of communicating it, of accepting criticism and sorting through ideas. Whether as a kid growing up doing drawing and painting and graphic design, to everything with the band and all of our releases, that skill set carries over to a lot of the founders that I’ve worked with and had the chance to meet over time.
What is an early highlight of your own investing career?
I was one of many investors and advisers when Spotify came to the U.S. To be honest, it wasn’t a lot of money — but it was fascinating to talk with Daniel [Ek] and his team as they were in the midst of the huge cultural shift that happened.
Which areas of music tech are you most interested in right now?
One thing that has been on my mind is that with new technology comes new responsibilities. Historically, artists have been on the end of this equation where their work gets treated like it doesn’t have very much value. When you’re a smaller artist, you go, “Well, this is just the way it is. This is how I get to the point where people hear me for the first time, so I’m going to give away everything for free and just play that game.” And then when you get to a certain point, you realize, “Oh, my gosh. My stuff really does have value. How do I capture that value?”
Because of the changes in technology, different companies developing new things are trying to take a big bite out of the apple that is the artist’s intellectual property. For any artist that hears me talking about this, I hope that it occurs to them: It’s your job to protect the work, to put a value on it, and that value might actually be higher than other people might say it’s worth.
Additional reporting by Kristin Robinson.
This story will appear in the Oct. 21, 2023, issue of Billboard.
These managers on the rise have guided their artists through breakout years, navigating such firsts as topping the charts, opening stadium shows (for none other than Taylor Swift) and even selling out arenas on their own.
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Drew Simmons
Age: 41Company: Foundations MusicKey Clients: Noah Kahan, Dayglow, COIN
“There is no off-cycle anymore,” says Simmons, who has had a front-row seat to Noah Kahan’s nonstop year, “and that is taxing on the infrastructure around the artist but also on the artist themselves.” From Kahan’s success with Stick Season and its deluxe edition (the latter debuted at No. 3 on the Billboard 200) to selling out arenas to raising nearly $2 million for mental health resources through The Busyhead Project, Simmons is “excited about opportunities ahead for artists as the paradigm shifts, placing more and more leverage in [their] hands.”
Noah Kahan and Drew Simmons
Patrick McCormack
James Rosemond Jr.
Age: 31Company: Mastermind ArtistsKey Clients: Ice Spice, RIOTUSA
Ice Spice became a chart staple this year, notching four top 10 hits on the Hot 100 including collaborations with superstars like Taylor Swift and Nicki Minaj. For Rosemond, being able to pair Ice and producer RIOTUSA with Minaj on two of those tracks (“Princess Diana,” “Barbie World”) was particularly gratifying: “I get high on helping creatives achieve their dreams and positively change their socioeconomic status.”
Ice Spice, RIOTUSA and James Rosemond Jr.
Dowan “StarTheStar” Wilson
Jesse Gassongo-Alexander, Phoebe Gold
Ages: 30, 29Company: UpCloseKey Clients: PinkPantheress, Tommy Gold
Gassongo-Alexander never planned to become a manager, but he says working with “a generational artist” like PinkPantheress has been an “incredible experience.” This year, the British artist-producer made her Hot 100 debut with the Ice Spice collaboration “Boy’s a liar Pt. 2” and was featured on the Barbie soundtrack. “By continually building trust with each other, we’ve navigated from the early days to now,” he says. Adds Gold: “Our flow has come from treating each other like human beings.”
Alistair Raymond
Age: 37Company: Beatnik Creative/Blue Raincoat ArtistsKey Clients: Arlo Parks, Lana Lubany, Miso Extra
Last year, Raymond’s independent management company partnered with Blue Raincoat Artists. And while he cites “financial support in the early stages of a new artist’s career” as a major challenge for managers, his entire roster leveled up in 2023. Parks’ second album, My Soft Machine, reached No. 9 on the U.K. Albums Chart, while Lana Lubany and Miso Extra both signed long-term record deals. “It takes at least one to two years to get a new artist off the ground with little monetary return,” he says. “It’s an all-or-nothing investment, but the best job in music.”
Aton Ben-Horin, Ethan Curtis
Ages: 43, 36Company: Plush ManagementKey Clients: JVKE, Coi Leray, Faouzia
Ben-Horin, who is also executive vp of A&R at Warner Music Group, describes this year as “incredible,” citing Hot 100 top 10 hits like Coi Leray’s “Players” (produced by Plush client Johnny Goldstein) and JVKE’s “Golden Hour.” The latter also sold out his first tour without a major label or marketing budget beyond radio. “While understanding the short-form content world is important for management,” Curtis says, “even more important is finding talent that is social media native.”
Sean Okeke
Company: Jonzing World EntertainmentKey Clients: Rema, Ruger
“The past 12 months have seen the biggest moments in the Afrobeats genre, which I am super happy I played a strong part in,” Okeke says. Thanks in part to a remix featuring Selena Gomez, Rema’s “Calm Down” became a global hit, reaching No. 3 on the Hot 100 and topping the Global Excl. U.S. chart, making Rema the first artist from Africa to reach No. 1. “The hunger and the joy to see a talent excel at the highest level brought me into this field,” Okeke says, “and has continuously influenced my stay here.”
Mandelyn Monchick
Age: 29Company: Red Light ManagemenKey Clients: Lainey Wilson, Meg McRee, Ben Chapman
Monchick met Lainey Wilson in 2015 and became fast friends with the country artist. “She didn’t have anyone championing her, and I thought she was a great songwriter, so I started talking about her every chance I had.” This year, Wilson added three more entries on the Hot 100, sold out her first headlining tour, won multiple country music awards and made her acting debut on Yellowstone. “We did everything we could for a long time,” Monchick says, “and it built a damn good foundation.”
Lainey Wilson and Mandelyn Monchick
Aubrey Wise
James Vitalo
Age: 35Company: Gold Theory ArtistsKey Clients: Turnstile, Knocked Loose, Beach Fossils
The past 12 months have been of growth for both Vitalo — who expanded his boutique firm one year after its launch — and Turnstile, which scored its first Grammy nominations (three total) and opened on blink-182’s arena tour. Vitalo, who first worked with the hardcore band as its booking agent before becoming its manager, says, “The biggest challenge has always been setting a realistic pace that will allow for longevity.”
Kristina Russo
Age: 34Company: KR ExperimentsKey Client: GAYLE
Russo describes the past year as “a wild time,” during which GAYLE received her first Grammy nomination (for song of the year with breakout hit “abcdefu”) and opened for P!nk overseas and for Taylor Swift on The Eras Tour. But her biggest priority is guiding GAYLE through the whirlwind: “We are adamant she, as a person, comes first,” Russo says. “Mental, physical and emotional health are imperative in order to do her job. Shout out to our therapists.”
Kristina Russo and GAYLE
Acacia Evans
Tom Skoglund
Age: 35Company: Full Stop ManagementKey Clients: Tate McRae, Harry Styles
Tate McRae scored two Hot 100 hits this year, including her fast-rising new single, “Greedy,” which arrived during her sold-out North American tour. Working on the pop artist’s next era has been “incredibly fulfilling,” Skoglund says, as was completing Harry Styles’ two-and-a-half-year Love on Tour trek. “Watching the meteoric success of Harry’s House being played to sold-out stadiums day in and day out will forever be a highlight of my career,” he says.
Heather Kolker
Age: 51Company: Dreamshop ManagementKey Clients: MUNA, Nanna, Of Monsters and Men
This year, Kolker (who started as an agent before switching to management) launched her own company while MUNA hit a high, touring with Taylor Swift and boygenius, selling out headlining shows and more. “You must believe that your artist can achieve the future they envision — and that you’re the right team to help get them there,” she says.
Danny Kang, Stefan Max
Key Client: Zach Bryan
Kang and Max have managed Zach Bryan through a breakout year, during which the country-rocker scored his first No. 1 album and Hot 100 chart-topper with “I Remember Everything,” featuring Kacey Musgraves. (This year alone, he has racked up 25 entries on the latter list.) His 2024 headlining tour will take him to arenas and, in some cases, stadiums.
Luis Villamizar
Age: 34Key Client: Feid
This year, Feid charted a pair of top 10 hits on Hot Latin Songs while MOR, No le Temas a la Oscuridad became his highest-charting entry on Top Latin Albums at No. 4. “Forming such a valuable team was one of the greatest successes,” says Villamizar. “It’s not just one person.”
Sam Schulman
Age: 33 Company: Best Friends MusicKey Clients: Bishop Briggs, Blake Rose, FINNEAS
Schulman credits her musician father and live music for inspiring her to become a manager. “The older I got, the more obsessed I became with the industry and wanting to be a part of it,” she says. That energy led to a major year: She co-founded Club Kassiani, a networking event for women in music, while her artists Blake Rose made his U.S. late-night TV debut and Bishop Briggs won the latest season of The Masked Singer. Schulman says her approach is all about “eliminating the ‘noise’ of what other artists are doing.”
Dani Russin
Age: 38Company: Good World ManagementKey Clients: Troye Sivan, Jake Wesley Rogers, Orville Peck
Russin met veteran manager Brandon Creed over a decade ago and “highly admired his ability for decision-making and diplomatic nature,” she says. She has worked with him ever since, this year joining his newly launched venture, Good World, where she enjoyed a “career highlight” working on Troye Sivan’s latest album campaign. Her history with Creed is her career’s only constant: “Management has always been a 24/7 job, but it’s also now this rapidly changing and ever-evolving ecosystem,” she says. “It’s what keeps things exciting. No two days are alike.”
Colette Patnaude Nelson, Eddie Wintle
Ages: 34, 36Company: Expand EntertainmentKey Clients: Conan Gray, J. Maya, Rowan Drake
Patnaude Nelson and Wintle, who together discovered Conan Gray as a high schooler on YouTube, agree that the biggest challenge for managers and artists today is cutting through the noise. “Building a fan base and getting people to care about your music is harder than ever,” Wintle says. It’s why watching 100,000 fans at Lollapalooza Argentina sing every word of Gray’s hourlong set in March was, as he recalls, “one of the craziest moments” of his career so far.
Colette Patnaude Nelson and Conan Gray
Dillon Matthews
Jayne Andrew, Ty Baisden
Ages: 36, 39Company: COLTUREKey Clients: Brent Faiyaz, Hamzaa, N3WYRKLA
In 2022, Brent Faiyaz scored a chart breakthrough with his independently released Wasteland, which summited the Top R&B/Hip-Hop Albums chart and debuted at No. 2 on the Billboard 200. It was a moment his partners and COLTURE co-founders Andrew (head of management, partnerships and creative development) and Baisden (head of ventures) had been working toward for years. In May, Faiyaz inked an unprecedented partnership (estimated at close to $50 million) to form a creative agency with UnitedMasters. But the biggest success, Baisden says, is that they built their infrastructure “outside of the major-label system.”
Josh Marshall
Age: 32Company: Mogul VisionKey Clients: d4vd, Rubi Rose
Though Marshall says he “fell into” management, the past year has solidified his path — and that of his company, Mogul Vision, with help from GM Robert Morgenroth. And while breakout star d4vd has scored a pair of Hot 100 hits and an opening slot on tour with SZA, Marshall has set his sights even higher: “The biggest challenge,” he says, “is creating infrastructure around an artist to grow their business long term beyond music.”
Josh Marshall and d4vd
Raheem Powell
Holly Cartwright, Shira Knishkowy
Ages: 31, 35Company: Another Management CompanyKey Clients: Blondshell, Alvvays, Waxahatchee
Knishkowy worked in label publicity and communications at Spotify before pivoting to management — and almost immediately, she and Cartwright helped discover and sign indie rock newcomer Blondshell. This year, the artist and alt-pop act Alvvays made their respective late-night TV debuts and grew their audiences globally. “Breaking new artists alongside Holly and finding new ways to elevate artists who have already achieved a level of success alongside [fellow managers] Rennie Jaffe and Mike Sneeringer is something I’m really proud of,” says Knishkowy.
Bello
Key Client: Central Cee
“It’s all a blur,” Bello says of his last 12 months, during which fast-rising British rapper Central Cee broke U.K. chart history as “Sprinter” (with Dave) became the longest-reigning rap single, while in the United States, he debuted on the Hot 100 with his Drake collaboration, “On the Radar Freestyle.” For “90% of the time,” Bello says, milestones were met without a team in place. This year, however, Central Cee signed a multimillion-dollar deal with Columbia Records in partnership with Sony Music U.K. and with Wasserman Music for worldwide agency representation. Says Bello: “I take pride in being someone my artists can trust blindly and make sure they get what they deserve.”
Central Cee and Bello
Danny Wonders
This story will appear in the Oct. 21, 2023, issue of Billboard.
Whether they’re angel investors offering startups tens of thousands or venture capital power players with hundreds of millions, some of the shrewdest minds in and around the music business are using their expertise to reinvest in the tools of its future. The investors profiled here are just a sampling of the many focusing on new music technology right now; some of their peers prefer to keep their dealings private, while plenty more music executives turned investors have bet on areas other than music technology. Others are interested in music tech but aren’t actively investing. But with generative artificial intelligence, virtual reality and advancements in live-music technology on the horizon, the thought leaders highlighted here see the industry at a “tipping point” — and the next generation of companies may fundamentally change the way the music business works.
The Majors
The Big Three music groups have invested in tech platforms tied to fashion, gaming, music creation and even battling dementia — and executives say there’s more to come.
In February, on his first quarterly earnings call as the new CEO of Warner Music Group (WMG), Robert Kyncl laid out a future of “meaningful upside” for the music business: “As technology opens up emerging economies, the industry’s addressable market will continue to expand even further,” Kyncl told analysts. On top of that, he added, “innovation is constantly creating new-use cases for music, giving us the opportunity to diversify our revenue sources.”
As the major labels navigate a landscape increasingly dominated by streaming platforms and digital creation apps like BandLab and Boomy, it’s not surprising they have eagerly invested over $1 billion, according to label sources, in the nascent technology companies that have the potential to help them diversify and increase their revenue sources.
In the last four years, WMG has invested in gaming platform Roblox, digital fashion retailer DRESSX and music generator Lifescore, which is powered by artificial intelligence (AI). Sony Music Entertainment has backed another music creation (and collaboration) platform, Tully; social platform Fave; and Techstars Music, an accelerator program that provided funding and mentorship to promising music technology startups. (It was quietly shuttered after this summer’s class, according to managing director Bob Moczydlowsky.)
“It is always a highlight for us to support visionary entrepreneurs in developing innovative music tech and to help drive experimentation with new products and revenue models that enhance creativity, consumer experiences and overall value and utility for our creative partners and artists,” SME senior vp of strategy and investments Angela Lopes says.
Universal Music Group eschews venture capital investments, preferring to offer seed money, mentoring and other support for startups. The company has gotten behind two health-related music apps: Endel, which creates personalized AI-generated soundscapes to foster focus and sleep, and Music Health, the company behind Vera, which is designed to help those suffering from dementia, as well as next-generation radio broadcasting toolkit Super-HiFi. UMG senior vp of digital innovation strategy and business development Kristen Bender said in a statement that the company’s “music DNA — incubation, connectivity, mentorship [and] strategic partner network — is the greatest asset we can provide early-stage companies.”
It’s likely that the volume of these investments will only increase. Lopes says, “We continue to focus on strategic investment opportunities” in the tech sector. And on the earnings call, Kyncl said WMG will be “reallocating our internal resources in order to invest in technology and drive not only more tools for monetization for creators but also greater efficiencies for us.” —ELIAS LEIGHT
Music Companies
Willard AhdritzFounder/chairman, Kobalt; CEO, Ahdritz & Co.
Willard Ahdritz
Paul Brissman
Recent investments: Dice, un:hurdInterests: Mobile ticketing, data-driven marketing
As founder and chairman of Kobalt — a publishing administration company that used a technology-first approach to disrupt the world of music publishing — Ahdritz has always had a forward-thinking approach to the music business. In recent years, he has been investing in other newcomers using technology to power music innovation, including popular mobile ticketing app Dice, and he has taken on an investment and advisory role in un:hurd, which uses data to help artists run successful digital marketing campaigns.
Mike CarenFounder/CEO, Artist Partner Group/Artist Publishing Group
Mike Caren
Elisabeth Caren
Recent investments: beatBread, Sound.me, Release.GlobalInterests: AI, music production tools, label tools
The label/publishing entrepreneur entered investing by acquiring music catalogs, but in recent years has expanded his focus to music technology and related startups. He says various forms of music tech are worthwhile “for both financial growth and for the good of the industry.” Caren hopes that the new companies he backs can “unleash creativity for those with huge imagination and limited knowledge” as well as economic and relationship-based limitations. But whether these results come through AI, augmented reality, traditional or currently unheard-of means “is less important for me.”
Startup red flag: “I try to avoid great decks without functioning software. I want to invest in companies with a minimum viable product I can use immediately and a clear road map for their future development.”
Neil JacobsonFounder/CEO, Hallwood Media; partner, Hallwood Media Ventures
Neil Jacobson
Clay Wescott
Recent investments: Disco, Splice, SoundfulInterests: AI, music production tools, creator services, marketplace platforms
Jacobson, former president of Geffen Records and founder of songwriter-producer management powerhouse Hallwood Media, brings decades of experience at labels and publishers to investing. Hallwood Media Ventures was born out of a special purpose acquisition company Jacobson launched in February 2021 with partner Todd Lowen, raising $230 million for a publicly listed vehicle with the intent of merging with a high-growth, music-related business. Now, almost three years later, Hallwood is unencumbered by the restrictions of a SPAC and looking to invest “in the range of $25 million for minority stakes, up to $250 million for larger stakes or full takeouts,” says Jacobson, who adds that though the firm is seeking companies throughout the music sector, “music technology seems to be where we are spending a lot of our time.” Still, as technology evolves, Jacobson envisions that great managers, like those on staff at Hallwood, will be “more critical than ever. The world, especially music, is changing at a pace we’ve never seen before. The need for management teams to react quickly and intelligently will only be amplified.”
Words an investor should live by: “ ‘Show me the money!’ We say that half-jokingly, but companies need to demonstrate the ability to generate EBITDA [earnings before interest, taxes, depreciation and amortization] … We look for businesses that are executing on a responsible plan that is ready to be scaled with our help — both financially and strategically.”
Nick JarjourFounder/CEO, JarjourCo
Nick Jarjour
Dan Franco
Recent investments: Soundful, mayk.it, HIFI, Xposure, TrillerInterests: Music and gaming, livestreaming, virtual concerts, AI, virtual reality (VR), augmented reality (AR), fintech
Jarjour, an entrepreneur and manager for songwriter Starrah, says his first mentor told him: “Don’t just invest in companies. Advise them, consult them, sit on their boards.” So when he provides funding to a startup, he often assumes an advisory role too, as he did with mayk.it, HIFI, Xposure and more. He likens the role of an investor in a fledgling company to A&R, where his career began, and he aims to spot “hit companies” much as he would a song.
In the next five years, music tech will…: “See more artists and celebrity investors, more music and gaming partnerships, more growth in VR/AR music experiences … [There will be] a digital transformation for labels, funds and publishers propelled by breakthroughs like AI and the democratization of things.”
Andrew KahnHead of Crush Ventures
Andrew Kahn
Crush Ventures
Investments: Splice, Audioshake, Sound.xyz, CreateSafe, Rhythm.fmInterests: Fan technology, music production tools, creator tools
Alongside colleagues Aaron Matusow and Dan Kruchkow, Kahn leads the venture capital division for longtime independent management company Crush Music. With Crush Ventures, Kahn and his team make investment decisions that align with the overall company ethos: “We look to invest in building companies that could impact how we manage and grow the careers of Crush Music artists, who are also pop-culture brands,” Kahn says. That’s why the team is so interested in working with companies that create tools empowering artists, like Splice, Audioshake and CreateSafe. In the next five years, Kahn says he sees these companies “narrowing the gap between novice and pro.”
Startup red flags: “We try to avoid founders who are not living the culture of the market they are trying to enter or feeling the pain acutely of the problem they are trying to solve. Other nits are requests to sign [nondisclosure agreements] too quickly and early-stage companies using agencies to build core products.”
Naoki OsadaCEO, Avex USA; founder, Future of Music Fund
Naoki Osada
Caris Yeoman
Recent investments: Wave, Endel, Liminal Space, Strangeloop StudiosInterests: Metaverse, 3D, live experiences, virtual artists, music production tools
When he’s not running label and publishing operations at Avex USA, the thriving American outpost of the Japanese entertainment company, Osada is vetting emerging companies to invest in through Avex USA’s corporate venture capital division. Called the Future of Music Fund, Osada says he invests “in a selective, boutique way” in companies he feels build “immersive multisensory experiences of music” — like Endel’s personalized soundscapes that promote relaxation and Wave’s high-tech virtual concert production tools. So far, the fund has invested about $5 million and has now expanded to $25 million “based on the past successes.” Still, Osada notes that due to saturation in the market, he doesn’t “see quite as many mind-blowing early-stage companies these days as five years ago.”
Words an investor should live by: “In general, [our] motto is ‘innovate or die.’ We must constantly become different for the better in aspects of business/life to survive.”
Hazel SavageAngel investor; vp of music intelligence, SoundCloud
Hazel Savage
Alison Emerick
Recent investments: un:hurd, AudioShake, mayk.itInterests: AI and “all areas of deep tech in the music industry”
After building her own successful startup, Musiio, which SoundCloud acquired in 2022, Savage says she is “proud to invest in exceptional founders” as an angel investor. “I am looking for a founder or co-founders I believe in. They need that magic spark where when I look at them, I just know I could be working for them in 10 years and whatever they do, they will be successful,” she says. Since getting started, Savage has invested just shy of $1 million, the bulk of which has gone toward forms of AI that can ease pain points in the music business. She says she “learned from [her] own cap table about the kind of investor [she] wanted to be.”
In the next five years, music tech will…: “I think generative AI is here to stay … If we learn how to harness the tech and make it work for the musicians and the industry, it will be a net win all ’round. I also think we are evolving out of the existing stage of music streaming and into a new era where we all learn and figure out how to make sure the money fans want to spend goes directly to the artists they want to support.”
Agencies
Phil QuistInvestor, Connect Ventures; music/emerging tech agent, CAA
Phil Quist
Courtesy of CAA
Recent investments: Royal, Deep VooDooInterests: AI, music production tools, smart ticketing, live-concert experience enhancements
Kendrick Lamar’s innovative music video for “The Heart Part 5” — which used AI to morph the rapper’s face into the likenesses of Kanye West, O.J. Simpson, Kobe Bryant, Nipsey Hussle and Will Smith — was made possible by Deep VooDoo, an AI visual effects company and one of Quist and Connect Ventures’ recent investments. Since Connect’s establishment, Quist and his colleagues have invested “eight figures” into music-related technology that empowers creative innovation (like “The Heart Part 5”) because Quist feels “we are nearing a tipping point in the music industry” and a coming decade that’s “transformative and full of opportunity.” He believes the greatest opportunities in music lie in evolving the live-concert experience, investing in the fan-artist relationship, AI and the democratization of music creation, and he envisions a future where the Internet of Things finds its place in music, “transforming everyday objects into musical instruments or interfaces.”
Words an investor should live by: “Warren Buffett once said, ‘Be fearful when others are greedy and greedy when others are fearful.’ This quote reminds me to approach both investing and life with a contrarian mindset, not being swayed by the prevailing market sentiment or popular trends, but to rather look toward the future.”
Sam WickPartner, UTA; head, UTA Ventures
Sam Wick
UTA
Recent investments: Moment House, Stem, CameoInterests: AI, livestreaming, e-commerce, distribution
As head of UTA Ventures, Wick consistently asks founders the same five questions: “What is the problem? How big is the market? How are you solving it? Why are you the right team to solve it? What is your competitive advantage?” UTA Ventures’ portfolio includes startups from industries as diverse as its client roster, which ranges from music to film/TV to gaming and sports, but it has dipped into music technology with investments in Moment House and Stem. One of the most important considerations for investing in music, Wick says, is remembering that “music defines culture and is continually at the forefront of technological disruption and innovation … Any trend that impacts the arts more broadly will impact music first.”
Words an investor should live by: “A venture investor will make hundreds of investments throughout their career. When all is said and done, your relationships and reputation are paramount … Conduct yourself with integrity.”
Finance
Fred Davis and Joe PuthenveetilPartners, The Raine Group
Joe Puthenveetil (left) and Fred Davis photographed on March 21, 2023 at The Raine Group in London.
Paul Stuart
Recent investments: SoundCloud, Firebird, Amuse, Rock the BellsInterests: Decentralized distribution, streamlining royalty collection, generative AI
Raine Group partners Davis and Puthenveetil combined their backgrounds — Davis’ as a longtime music attorney, with generational music expertise imparted by his father, Clive Davis, and Puthenveetil’s in advising and investing for Grail Partners and 13 years helping steer Raine’s music and entertainment efforts — to become a dominant music business force. Apart from investing in some of the industry’s fast-growing new music technology firms, they have also had their hands in facilitating many of the industry’s biggest music technology transactions, such as the sale of tech-focused publisher Kobalt to Francisco Partners and the sale of AVL Digital (CD Baby) to Downtown.
In the next five years, music tech will…: “Platforms and distribution will evolve to connect artists directly with fans and unlock opportunities for engagement and monetization beyond streaming,” Puthenveetil says. “Music discovery and consumption will continue to integrate more deeply into other forms of entertainment, particularly in gaming. Music rights management will continue to get more complex and, hopefully, more transparent and efficient for rights holders.”
Bob MoczydlowskyManaging director, Techstars Music
Bob Moczydlowsky
Jen Hall
Recent investments: Endel, Triller, Tribe XR, Strangeloop Studios, Amper MusicInterests: Streaming, music production tools, AI
As the managing director for premier music technology accelerator Techstars Music, Moczydlowsky facilitated 70 pre-seed investments in startups like Endel, Community, Triller and Tribe XR for a total of $8.2 million during the existence of the program that started in 2017 and ended this year. Techstars connected founders not just with money but with mentors from many of the other investors and companies mentioned on this list, including Sony Music Entertainment, HYBE and Warner Music Group. “I invest at the earliest possible stage,” Moczydlowsky explains. “So 90% of my process is about the team … At the early stage, what matters are the people and their passion for the market and the problem.”
In the next five years, music tech will…: “I’m most interested in what comes next in this mature streaming market we’re entering. If music streaming 1.0 was about solving the problem of ‘make all the music play,’ I think music streaming 2.0 is going to be allowing fans a way to ‘play with all of the music.’ ”
Shachar OrenFounder/CEO, Sound Media Ventures
Shachar Oren
Courtesy of Shachar Oren
Recent investments: Boomy, Tribe XR, Dance FightInterests: Generative AI, blockchain, user-generated content, streaming, metaverse
For 18 years, Oren was CEO of the startup he founded — business-to-business music licensing platform Neurotic Media — which Peloton acquired in 2018. After the sale, he moved to Peloton as its vp of music before founding Sound Media Ventures, where he applied the skills he learned as an entrepreneur to invest in other founders’ businesses. Since then, Sound Media has invested about $500,000 in total seed funding for music-related startups like Boomy, Tribe XR and Dance Fight in addition to significant investments in other areas of entertainment and technology. As Oren puts it, his firm offers founders more than money: “Our experience and expertise in the music space, along with our relationships, give us the ability to drive growth for our founders.”
Startup red flag: “Testing the product and getting a feel for the market fit it can find, or better yet, interviewing customers and assessing how passionate they feel about the solution is key. If one can’t establish a clear market fit for a product or service, that’s a clear warning.”
Guy OsearyCo-founder, Maverick Management; co-founder, Sound Ventures
Guy Oseary
Amanda Edwards/Getty Images
Recent investments: Community, SeatGeek, Shazam, OpenAI, Stability AIInterest: AI
After making his name as a superstar manager and music executive, Oseary has more recently turned his attention to venture capital and funding the future of innovation, both inside and outside music. In 2015, he and co-founder Ashton Kutcher launched Sound Ventures, where he says he leans on his skills at spotting talent as a former A&R executive to find the next big company. At the National Music Publishers’ Association’s annual meeting this year, Oseary gave a keynote address that focused on AI: “There’s a whole new wave that’s happening, and it’s happening very quickly. That means things can scale quickly,” he said. He has two funds dedicated to AI; one has raised $200 million to make investments specifically in “foundational AI models,” which Oseary feels will be the bedrock of all companies in the future. “Our thesis is that everyone is going to plug into one of these foundational models. In a few years, I’m going to ask whatever company I’m working with, ‘Which one do you use?’ And they’ll say Google or OpenAI or Anthropic — it’ll be one of five or six companies that you’re going to put all your information into and use that model to help run your business.”
Shara SenderoffCo-founder, Born Ready; co-founder, Raised in Space
Shara Senderoff
TCK Photo
Recent investments: Audigent/Music IQ, Songclip, The WaveXR, Spatial Labs, Altered State MachineInterests: AI, blockchain, royalty collection, music production tools, AR
Through funds Born Ready and Raised in Space, Senderoff has invested approximately $30 million into music tech startups during her career. These days, she is most interested in the evolution of the creator economy and how generative AI tools will affect it, but her investments range widely, from blockchain-based solutions for royalty collection to generative music to virtual reality. “I’m relentlessly focused on viability of a business model and its alignment with market timing and demands,” she says.
Startup red flag: “Consistently investing in cutting-edge technologies, such as blockchain and AI, before they hit the mainstream has made it easy for me to spot hype cycles while also enabling efficient discernment of innovation from buzzwords. I pride myself on deep diligence.”
Matt SpetzlerPartner/co-head of Europe, Francisco Partners
Matt Spetzler
Courtesy of Francisco Partners
Recent investments: Kobalt (acquisition), AMRA (acquisition), Native Instruments, iZotope, Plugin Alliance, Brainworx, JKBXInterests: AI, music production, royalty collection, business-to-business music licensing
It has been a landmark year for Spetzler and his colleagues at Francisco Partners, which purchased tech-focused music publisher Kobalt and its global digital collection society, AMRA. The team also has invested significantly in music creation tools because, as Spetzler puts it, “technology has been, and will remain, a driving force behind empowering independent artists and creators.” His goal is to make Francisco Partners “one of the top technology and media investors” globally — and given that its last three years of investment into its audio portfolio has led to a combined value of over $4 billion, the company is well on its way toward that goal.
In the next five years, music tech will…: “I believe the power and economics will shift toward the artist/creator, and this empowerment will be driven by technology and increasing transparency.”
This story will appear in the Oct. 21, 2023, issue of Billboard.
This week, Kenya Grace’s global smash “Strangers” ascended to No. 1 on Hot Dance/Electronic Songs, marking the first time in the chart’s 10-year history that it’s been led by a track solely written, produced and sung by a woman.
Not bad for a song the 25-year-old artist wrote three months ago in her bedroom in Chandler’s Ford, England. A dreamy, sort of ominous ode to meeting people on dating apps who then ghost, “Strangers” marks a sort of belated pop breakthrough moment for drum’n’bass, the longstanding electronic genre that’s currently one of dance music’s backbone sounds, particularly in Grace’s native U.K.
“It’s really a huge part of young people’s lives here,” Grace tells Billboard over Zoom.
The song is also a milestone moment for Major Recordings, the flagship dance label from Warner Records that launched earlier this year. “I wrote ‘Strangers’ a week after I signed with them,” Grace says with a laugh.
“Strangers” is currently sitting at No. 71 on the Billboard Hot 100 (dated Oct. 21) and is also in the top position on the Dance/Electronic Streaming Songs and Dance/Electronic Digital Song Sales charts for a fifth and third week, respectively.
Below, Grace tells Billboard how she created her breakthrough hit.
How did “Strangers” come together?
I wrote it about two months ago in my room. I didn’t think too much into the full song, but I made a video of just the chorus. Nothing else existed at that point. I posted it on Instagram and TikTok and people seemed to really like it. I always find that I can write the chorus quickly, and then, like a week after, I get back into the head space and write the rest of the song. I finished writing, and then we worked on the production for a bit and got it mixed and mastered. We released it soon after that. It has been really fast.
How long did it take you to finish it?
It was pretty fast. I always find I can write the chorus really quickly. Then, like a week after, I get back into the headspace and write the rest of the song. Probably a week later, I finished writing [“Strangers”], and then we worked on the production for a bit and then got it mixed and mastered.
And it’s all happening in your bedroom. Paint a picture of that space.
It’s just a tiny room; I live in the countryside, in a tiny town an hour outside of London. My room is a really average room. The amazing thing about my house, though, is my window overlooks the woods. So I think that’s helpful with the deep thoughts or whatever.
The track has been hugely successful on TikTok. What’s your relationship with social media?
My favorite thing to do is make beat videos. I love writing a mini song and then making all the drum loops and everything, so TikTok and Instagram are like my perfect places. It has been a crazy year because last year, I seriously considered giving up music. Then, I posted a video on TikTok, and it changed my whole life. My socials are really different now — I think that’s the biggest thing, just the amount of people, the amount of love. It has blown my mind.
How do you feel about bringing drum’n’bass further into the mainstream?
It wasn’t a goal, [but] I really love dance music in general. Drum’n’bass is the first thing I went out to; it’s what all my friends go out to. It’s really a huge part of young people’s lives in the U.K. Liquid drum’n’bass I especially love — it’s basically a more emotional version of drum’n’bass. Like dance music, but a very soft version. I love that so much. I feel like it goes well with my voice.
Are the lyrics based on actual events?
It’s a mixture of stuff that’s happened to me, stuff that’s happened to my friends and things I’ve noticed around me. It’s so common, in this day and age, that you’ll see someone for a bit, and you’ll speak all the time and then randomly one day, you just never speak again. It happens so much with Tinder and Hinge and things like that. It’s so easy to just give up and swipe on to the next person. It’s basically about that. It’s happened to me. It’s happened to all my friends.
What do your friends and family think about everything that’s going on for you?
My family is still in shock, to be honest. It’s just crazy. None of us have ever experienced anything like this, on this level. One of my friends said there was an article in the U.K. [Official Charts] — it was like, me versus Doja Cat. My friends were like, “Kenya Grace challenging Doja Cat? This sentence should not exist!” I was just like, “Yeah, I don’t know how it exists.” It’s so crazy.
A version of this story originally appeared in the Oct. 7, 2023, issue of Billboard.
Earlier this year — on a warm day in May, Asian American and Pacific Islander Heritage Month — a septet of young women fought nerves backstage at Forest Hills Stadium in Queens. Just over a year after its official debut, the group XG was in town for Head in the Clouds, a music festival celebrating Asian and Pacific Islander culture, creativity and art organized by record label 88rising. But the gig held broader significance: It was the act’s first international performance outside of Japan, and in New York, no less.
Despite its early-afternoon billing, the stadium was packed — and chanting, “XG! XG! XG!” — when the group took the stage in glitter-emblazoned suits. The warm welcome made it difficult to believe that this was XG’s first time in New York, and after kicking off the set with its debut track, “Tippy Toes,” the crowd’s chants reached a fever pitch as the members segued into their viral hit, “Left Right.” Fans and casual festivalgoers alike danced freely to the beat, some even singing along to the song’s catchy chorus.
Reflecting today on that Head in the Clouds performance and XG’s subsequent appearance at the festival’s Los Angeles iteration, the group — whose members range in age from 17 to 21 — exudes gratitude. “New York was our first international performance, and the ‘XG! XG!’ chants were really touching,” XG’s Cocona says. In Los Angeles, she says, she even saw some fans wearing makeup inspired by the music video for “GRL GVNG,” XG’s prerelease single from its debut mini-album, NEW DNA. “And it was just really, really cool to see all of that!”
XG will headline Billboard the Stage at South by Southwest Sydney at the Hordern Pavilion on Oct. 20. Click here for more information.
Just six months prior, in November 2022, a set of cypher clips — or, in XG’s parlance, a “Galz Xypher” — had gone viral on social media. Taking turns, XG’s Cocona, Maya, Harvey and Jurin delivered crisp solo bars — effortlessly weaving among English, Japanese and Korean — over the instrumentals for J.I.D’s “Surround Sound”; Dreamville’s “Down Bad”; Ty Dolla $ign, Jack Harlow and 24kGoldn’s “I WON”; and Rosalía’s “SAOKO,” respectively. These pieces of content marked a turning point for XG, as new listeners outside of its core K-pop-adjacent fan base began to tune in. At press time, the cypher clips had amassed over 26 million YouTube views and over 16 million TikTok views.
Those four rappers, along with vocalists Juria, Chisa and Hinata, make up XG (short for Xtraordinary Girls). Though trained in K-pop’s sensibilities and practices, XG’s members are all Japanese, and their music, amalgamating R&B, hip-hop and dance, is sung entirely in English. The group is the first act on the label XGALX (its name plays on the XX chromosome pairing denoting female), a project of Tokyo-based entertainment conglomerate Avex, which has previously produced K-pop acts like BoA, TVXQ and BIGBANG. As Avex’s CEO, Katsumi Kuroiwa, told Billboard Japan in September, it launched XGALX in 2017 “with the aim of creating global hits” — and it hoped XG would be the “breakthrough artist” leading a long-term effort toward helping Japanese acts “thrive in the mainstream music world.” The septet was selected in 2017 out of 13,000 candidates, and it trained for five years before making its March 2022 debut.
On their first track, “Tippy Toes,” the girls declared, “Understand that we didn’t come to play.” In less than two years, XG has lived up to that claim, amassing over 637 million views on its YouTube channel; launching an official fan club, ALPHAZ; performing at the Singapore Formula 1 Grand Prix following the aforementioned festivals; and releasing NEW DNA in September.
Chisa
Ssam Kim
Cocona
Ssam Kim
At first glance, XG has the hallmarks of a K-pop group: It was trained under the tenets of that genre’s system while also learning the language, its music videos are highly stylized and made with K-pop production teams, it has performed on Korean music programs like Mnet’s M Countdown, and its creative team includes artist-producers like Chancellor (who has featured on tracks by veteran Korean artists Epik High, BoA and Younha and has written for K-pop artist Kang Daniel). Yet XG classifies its music in an entirely new category that it says transcends current paradigms: X-pop.
“The letter ‘X’ is often used to show something special or unknown,” Jurin explains. And it’s true that XG challenges standards both lyrically and visually. For instance, on NEW DNA’s lead single, “Puppet Show,” the group takes on outdated gender norms, singing, “Imagine a world where we could play different roles, where girls be taking control.” The song’s video matches its message: In an icy, dystopian landscape, faceless, uniformed figures surround XG until the members take literal leaps of faith to dance and sing the chorus on a stage in the center of this alternate universe. Even the album title, NEW DNA, refers to how the members view themselves as a “new species free from all conventions and limitations,” as the group says on its website.
XG’s executive producer, Park “Simon” Junho (also known by his producer moniker, JAKOPS), has been with XG since its earliest stages — down to its selection process and training, as detailed in the group’s ongoing docuseries, Xtra Xtra, uploaded to its YouTube channel. As the Seattle-born son of a Japanese mother and Korean father, Simon grew up absorbing both of those cultures, and he later moved to Korea to train and debut as a K-pop artist. (He was a member of the group DMTN, which was active from 2009 to 2013.)
For XG’s training — which, he says, “was conducted in an unprecedented manner” — Simon fused his own background and artistic style with “the foundation of the Korean [music] that is proven through global success.” Together with XG’s producers, he worked to ensure no two songs on the six-track NEW DNA have the same genre classification. X-pop is the result.
“XG’s ambition is to show music and performances that are not limited to the musical characteristics of a certain country, but can be enjoyed by people from all over the world,” Simon says. (The group has 625 million on-demand official global streams, according to Luminate.) “Current K-pop celebrities are also making ceaseless efforts to transcend the initial ‘K,’ and as a result, they are gradually breaking down boundaries. This is why I call [XG’s music] ‘X-pop,’ in the sense that XG also wants to break down boundaries together and deliver a message that everyone can relate to through music.”
Harvey
Ssam Kim
Hinata
Ssam Kim
To build as global an audience as possible, XG’s team approached making music in ways that diverge from K-pop acts’ traditional methods. Many groups based in Asia start out performing music in their native language with the goal of first building a local fan base, only releasing English-language music later as part of an effort to expand globally. But XG has only released music in English, despite it not being the members’ first language. Even as they converse among themselves in our Zoom interview, they naturally speak to one another in Japanese. And as of September, Avex’s Kuroiwa said that roughly 30% of XG’s listeners were Japanese, with 20% in the United States and 50% in other countries — what he called “an ideal distribution.”
It’s a manifestation of an ongoing K-pop debate: Is the genre defined by its language or by its sensibilities and cultural resonance? What constitutes K-pop — singing in Korean or embodying the elements pioneered by the Korean music business while respecting the genre’s cultural origins? Does language choice matter, or is it simply a tool to expand and reach more fans as a greater cultural movement evolves?
Simon says that XG’s team is intentionally fusing multiple influences — while still honoring their origins. He says that XG and its producers “want to add new color and continue to play the role of unfolding a new world” while still “respecting the legacy of various senior musicians.” In an effort to write lyrics that use expressions “actually used in America,” he notes that the group collaborated with American lyricists and composers, even as it also paired with Korean photographer-director Cho Gi-Seok and Rigend Film to “create innovative visuals” — all part of its intent to “present a novel group that had never been seen before in K-pop, with new sounds, new member compositions and even new visuals.”
From left: Harvey, Juria, Hinata, Jurin, Chisa, Cocona, Maya of XG.
Ssam Kim
Such cross-continental musical collaborations are becoming increasingly common as music globalizes, making previously unthinkable partnerships possible. With X-pop, XG’s team has coined a phrase that reflects this rapidly rising transference of cultures among markets. Yet XG’s collaborations feel unique: not simply partnering for collaboration’s sake, but genuine and organic, drawing on the multicultural experiences of the executive helping to shape the act’s direction.
Simon points out that creating new things in any preexisting environment has its challenges. The notion of “newness” is, to him, not only about working with “talented people with diverse backgrounds, but also with new artists with unique and fresh ideas. ‘Newness’ often raises concerns simply because it is unfamiliar: ‘Will it fit us well? Will our fans like it?’ ” Yet he and XG’s team remain committed to exploring new directions as the group forges ahead. References to evolution are ever present in its visuals, whether in imagery resembling splitting cells or nods to the “X-GENE,” the title of one mini-album track.
When asked about what inspires this kind of creative output, XG shows deep curiosity about the spaces it physically occupies. “Inspiration can come from anything, however small,” Cocona says. “We really try to feel the present. There’s a lot that you can receive if you just have the right antenna pointing in the right direction.
“XG has this motto or slogan, ‘Enjoy the moment,’ and we try to cherish every single moment that we’re alive because there’s a lot of deeper meaning in everything that surrounds you,” she continues. “So I have this photograph folder and anything that gives me inspiration, I’ll save for later. I’ll open up my memo pad and write down words that come to me.” Recently, she recalls being particularly inspired by the Studio Ghibli animated film How Do You Live? (soon to be released in the United States as The Boy and the Heron).
“I watched it once with my family and then again about three days later with the girls and Simon-san. Each time I watched it, different scenes and lines really resonated with me.”
Juria
Ssam Kim
Jurin
Ssam Kim
But ultimately, the members of XG are most inspired by one another and their shared dream. During our conversation, they encourage one another to take the mic, and that’s mirrored in how they approach their work. In fact, before they take the stage or ahead of important events, they shout the word hesonoo, which means “umbilical cord” in Japanese. According to Simon, they see themselves as seven members who share “united hearts and faith, as if they were connected by an umbilical cord.”
“What makes us extraordinary,” Jurin says, “is that I feel we are able to break free from all these norms and borders that tend to bind us. By that same token, there is a bond between us that transcends a lot of types of challenges, and it’s really amazing to have that.”
Cocona agrees. “Everyone is so genuine, it feels like we’re just being our true ‘animal’ selves,” she says. “We live life as it comes and follow our hearts. The moments where we have relaxed conversations with everyone and Simon are when I’m happiest. We always say, ‘Let’s definitely go to [outer] space someday!’ ” (Her groupmates nod agreeably to that ambition.) Harvey adds, “Everyone is just bursting with passion, and our love for each other is so strong! We make sure we communicate well and respect and understand each other, so this forms a really tight bond.”
As Hinata notes, they are motivated by their potential to “give people the courage to move forward,” crediting their ALPHAZ fan base as their main source of energy. “If I had to create a metaphor with this entire ecosystem as a body, [the ALPHAZ would] really be the heart, almost pumping oxygen throughout our whole body,” Jurin says. “The relationship between ALPHAZ and XG is really like family, like we’re coexisting, and whenever we decide that we want to take on some kind of new challenge, [they will be] the first ones to support us and back us up. They really understand us on a different level.”
Maya
Ssam Kim
From left: Harvey, Hinata, Juria, Jurin, Chisa, Cocona and Maya of XG photographed August 9, 2023 in Los Angeles.
Ssam Kim
A few days after NEW DNA arrives, the members reconnect to share early thoughts and reactions to its release. Two physical versions — an “X” version and a “G” version — came out with the same six tracks, a 78-page photo book, stickers and photo cards. “Our ALPHAZ got their hands on [the album] before we did. They said it wasn’t a ‘mini-album’ but a ‘mega-album,’ ” Chisa says with a laugh. “And when I actually held the album, I felt its weight and thought, ‘Yeah it’s not mini, it’s mega.’ ” Both Chisa and Juria say they’ve noticed fans engaging creatively with the photo cards, personalizing and decorating them with stickers, sharing them with one another online.
Though NEW DNA only has six tracks, XG captures a different theme in each of their music videos. In “GRL GVNG” (pronounced “girl gang”), the act performs in dark, moto-inspired clothing in a futuristic setting, whereas in “New Dance,” it wears bright, colorful clothing and dances against everyday scenery like a bowling alley, city alleyways and the beach. “It was so exciting to show a powerful version of ourselves, like in ‘GRL GVNG,’ and then switch to a new persona as in ‘New Dance,’ ” Juria says.
And with the album out and performances in New York, Los Angeles and Singapore under its belt, XG is preparing for yet another momentous event: an upcoming headlining performance at South by Southwest in Sydney. There, Jurin promises, fans can expect to find an even further evolved, “brand-new XG.”
“I don’t want to spoil anything,” Maya adds, “but my members and I are all thinking of something new and exciting for all of you. All I can say is that we want you all to look forward to what we’re preparing and hope you all are ready to have fun with us.”
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This story will appear in the Oct. 21, 2023, issue of Billboard.
When it comes to the music of Sofia Coppola’s films, “There’s always a bit of impressionism,” says Thomas Mars, the lead singer of Phoenix — who also happens to be married to the director. Think of My Bloody Valentine’s “Sometimes” scoring Scarlett Johanssen’s taxi ride through late-night Tokyo in Lost in Translation, Kirsten Dunst cavorting through a decadent young queen’s wardrobe as Bow Wow Wow’s “I Want Candy” blasts in Marie Antoinette or the haunting chords of Air lending a foreboding tone to 1970s U.S. suburbia in The Virgin Suicides.
And in Coppola’s latest film, Priscilla (out Nov. 3 from A24) — about when a teenage Priscilla Beaulieu (Cailee Spaeny) and Elvis Presley (Jacob Elordi) met — one moment in particular seems destined to join the canon of the director’s great needle drops: after Priscilla and Elvis’ first kiss, the resounding, viscerally recognizable trio of guitar chords of Tommy James and The Shondells’ “Crimson & Clover.”
“Sofia is really attuned to the grand majesty of popular music,” says veteran music supervisor Randall Poster, who shares music supervision credit on the film with Phoenix. “In a sense, ‘Crimson & Clover’ is as epic as Mozart or Beethoven — it encapsulates every adolescent emotion possible.”
In adapting Priscilla from Priscilla’s 1985 memoir, Elvis & Me, Coppola did use some of the historical music cues mentioned in it, such as a cover of Frankie Avalon’s “Venus” (which Phoenix plays variations of as the score throughout) and Brenda Lee’s “Sweet Nothin’s.” But for the rest of the soundtrack, “I didn’t want it to sound corny, like some music of that era can to me,” Coppola says. A fan of producer Phil Spector, his sound “became a way to tie things together. I wanted to embrace the melodrama of strings and big production.”
Sometimes that meant nodding to Spector in unexpected ways: As the film opens, the orchestral psychedelics of Alice Coltrane’s “Going Home” fade into Spector’s trademark kick drums and lush strings — and the joltingly nasal voice of Joey Ramone covering The Ronettes’ “Baby I Love You” (a track from the Ramones’ Spector-produced End of the Century).
But many times during the film, silence is used to striking effect. As Mars points out, key synchs like “Crimson & Clover” needed some quiet preceding them. “We felt this will be a big moment, so we can’t have too much music before. To make sure these moments are highlighted, there’s a bit of negative space.” And silence was, in fact, a big part of the discussion among Coppola, her longtime editor Sarah Flack, Mars and Poster about how music would inform the telling of Priscilla’s story. Coppola has always been drawn to illuminating the interior lives of young women, and Priscilla, for much of the film, is alone — left at Graceland, away from her family, while her husband is off in the military or on film sets.
“She’s trying to fit in; she’s not sure where she is,” Mars says. “It takes time for her to get her life back, to make her own choices.” Emphasizing the stillness of her life without Elvis, and the noise and parties when he returns, was important. “I think those silences push you deeper into the movie, ultimately,” Poster says.
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Although Elordi magnetically portrays Elvis, the film is centered in Priscilla’s experience, and his music is almost entirely absent from it. Authentic Brands Group, the majority owner of Elvis Presley Enterprises, which controls approval of Elvis song usage, did not grant it to Coppola. But that meant “we had to make a weakness a strength,” Mars says. “In the end, it’s better that it’s more focused on Priscilla’s perspective.”
And it seems the film’s subject was pleased. At the movie’s Venice Film Festival showing, Priscilla embraced Coppola and wiped away tears during a standing ovation. “We haven’t talked specifically about the music, but she said, ‘You did your homework,’ ” Coppola says. “She felt it was authentic, which was so important to me.”
This story originally appeared in the Oct. 7, 2023, issue of Billboard.