Investing in the UK Music Industry
Music is an important part of the UK’s cultural identity producing some of the world’s most iconic musical talents. It has helped drive our global position, with the UK now the third largest recorded music market in the world and contributing £5.8bn GVA to our economy every year. Join us for the next instalment of Friday Focus as we sit down with Paul Pacifico, CEO of the Association of Independent Music (AIM), to explore the incredible opportunities for investment in the UK music industry.
From emerging trends in how we create and consume music to what is driving growth in the sector, Paul will take us through the ins and outs of the music industry and shed light on why more investors should be backing high-growth potential music businesses.
CEO, Association of Independent Music (AIM)
Paul Pacifico is the CEO of the UK’s Association of Independent Music (AIM), which represents over 800 UK independent music companies. He was previous CEO of The Featured Artists Coalition (FAC), a position he has held since January 2015. He was also President of the International Artist Organisation (‘IAO’). Prior to joining the FAC, Pacifico spent almost 10 years in the City in banking and strategy consultancy before leaving to focus on Specific Music in 2005. Specific Music is a creative music consultancy which designs and delivers bespoke music for industry clients as well as brands and charities. He also set up The AllStars Collective, which is made up of 40 of the world’s top session musicians. He continues to perform and record with his band, Pacifico Blues.
Managing Director, UKBAA
Roderick’s career spans over 15 years of managing, founding and growing angel groups and investment platforms that have collectively deployed over £100m of equity investment in more than 500 startup and scaleup businesses. He started his career at Beer & Partners, one of the first and largest angel groups in the UK, and later helped form and grow a corporate finance firm as their COO. He is now the Managing Director of the UK Business Angels Association, the trade body for angel and early-stage investing, representing over 200 organisations and 18,000 investors around the UK that collectively deploy over £1bn p.a. in early-stage businesses.