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French President Macron Outlines Vision for the Future of the Music Industry at France Music Week
At the first France Music Week, French president Emmanuel Macron promised €500 million for the music industry and laid out his vision for its future.
Among the most anticipated speakers was Warner Music Group CEO Robert Kyncl, who opened his remarks by spotlighting the global success of Aya Nakamura, recently featured on the cover of Billboard France. John Reid, president of Live Nation Entertainment, focused his remarks on the future of the concert business: “When you look at new markets like Asia and the Middle East, you see growth trajectories in touring similar to what we experienced in the U.S. three or four years ago.” A recurring theme throughout the day was the defense of France’s cultural exception — the idea that arts are not completely subject to a free market — and the development of a new, French-led model for the music industry of tomorrow.
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