Music Business UK Q3 2020

Page 20

Moot recalls a TV documentary on Calvin Harris – now the world’s biggest DJ – in which the exec spotted a kindred spirit. Harris spent a portion of his youth working at a fish factory in Scotland, dreaming of making it as an electronic music producer. “Boredom can be very inspiring,” notes Moot. “The modern world gives us very little chance to be bored, and I often encourage songwriters to try and escape that.” Harris was one of Moot’s biggest clients at Sony/ATV, where – inclusive of his time at EMI Music Publishing – the exec spent 30 years, climbing to the position of President, Worldwide Creative & UK Managing Director, before being appointed as global CEO and Co-chair of Warner Chappell in April 2019. During those three decades at EMI-slash-Sony ATV, Moot signed the likes of Amy Winehouse, Lana Del Rey, Mark Ronson, Sia, Nile Rodgers, Arctic Monkeys, Jamiroquai and Stargate, as well as overseeing the signings of Ed Sheeran, Harris and Sam Smith. Moot’s first 18 months as CEO of Warner Chappell have kept his dance-card full. In addition to welcoming marquee signings to the company – including Lizzo, Frank Ocean, Tones and I and more – Moot has developed a successful coalition with his coChair (and Warner Chappell COO), Carianne Marshall. The duo have not only facilitated a more globalised creative structure at Warner Chappell, but have also led the company through macro world developments, including a social justice reckoning, and the COVID-19 pandemic. (If the young Guy Moot pressed his nose up against the glass of Warner Chappell’s Los Angeles offices right now, he’d find them empty. They will remain so until 2021.) Here, Moot tells the story of his rise through the music industry, while giving his unique viewpoint on Warner Chappell’s place in the modern business, upstart competitors – and running a global company during quarantine...

which is actually quite empowering and entrepreneurial compared to the last place. Why do you find WMG’s structure more empowering than Sony/ATV? [Warner Chappell] is a smaller entity, for one thing. When I got to Warner Chapell, I found an entrepreneurial spirit, but within that, the discipline of a corporate company. It’s less silo’d because it’s not this huge company that’s been bolted together. Also look at Warner’s investments; they’ll [put money] into startups, apps, musicals and films. That all enriches Warner Chappell’s catalogue and our sales pitch – because when you sign to Warner Chapell, you also get the benefit of Warner Music Group. What are the things you had to solve after you came in? Improving global collaboration – having an open culture where people at whatever level, in whatever territory, have input. I now feel we’re more globally co-operational than anybody else, and not just in A&R – although we really are connecting German hiphop producers, for example, with US artists. We’ve got this global song pitching tool, ARROW, so someone in China can go, ‘I need an up-tempo, Bruno Mars-like record,’ and quickly find a load of options. There’s still a certain cynicism out there – ‘What do publishers actually do?’ type of thing. We’re trying to turn that around, adding real value. In terms of our A&R strategy, we’re decisive and selective in what we sign. I don’t want us to be at the table for artists and writers just because every lawyer wants us to be. The [music industry] wastes a lot of time in the chase, because people think they have to be at those tables. It’s like, no, let’s focus. Recently, we’ve seen [companies] chasing these huge TikTok phenomenons that ultimately don’t have legs and wouldn’t be able to tour, even in non-COVID times. We’ve deliberately avoided those, and concentrated on signing real quality – rather than blowing six or seven million on a TikTok record that doesn’t have longevity and leaves you going, ‘Oh shit.’ We’re building a culture, and major signings are obviously key to that. Signing Lizzo was so important: what she stood for, the broadness of the music, but also the fact she was so incredibly well defined as an artist.

“Boredom can be very inspiring. The modern world gives us little chance to be bored.”

In the last few years of your career, many people rumoured that you’d end up in a top job somewhere – and 18 months ago, Warner Chappell became that place. How have you found it so far? I knew from the beginning, like any job of this magnitude, that it was going to be both challenging and rewarding. Even so, it’s been quite a first year. No-one predicted the world would be dealing with COVID, and no-one predicted the world was going to be [addressing] racial discrimination and Black Lives Matter to the extent that we have. Also, no-one told me I’d be dealing with technically almost two IPOs – one [for Warner Music Group] where it didn’t quite happen due to the pandemic, and one where it did, in June. I always knew coming into Warner Chappell that it was a great and stable company with incredible catalogues and assets, and many really good people. We’ve augmented all those positive things. And I’ve gotten used to a different corporate structure, 20

Is there a concern on your side that the industry is getting drawn towards tracks rather than artists, especially in the TikTok age? People are definitely being drawn to the chase and the competition. Warner Chappell has money to spend – we’re very well financed and competitive – but I’ve never gone to work a single day in my career and thought, ‘I’m just gonna overpay for that thing because I want to look good and I don’t want the other company getting it.’ We have to restore where publishers sit in the food chain;


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