Music Tech

Fast Company Names 10 Most Innovative Music Companies of 2024

Business journal Fast Company has released its annual list of Most Innovative Companies, including ten focusing on music, and it contains a few surprises

While the list includes a few repeats from 2023 like UMG and TuneCore, there are also a couple of curiosities like Atlantic Records “for bringing the hit Barbie soundtrack to life” and CREEM “for bringing music journalism back to its heyday.”

Atlantic did a great job of taking full advantage of a mega-hot movie. And kudos to CREEM for coming back from the dead, but it’s way too early to reward them for a rebirth in music journalism that exists behind their paywall.

That aside, there are at least three that I’m keeping an eye on: Holoplot, CREATESAFE, and FEED.FM.

Fast Company’s 10 Most Innovative Music Companies 2024

  1. UNIVERSAL MUSIC GROUP
    For rewriting how musicians are paid in the AI era
  2. ATLANTIC RECORDS
    For bringing the hit Barbie soundtrack to life
  3. SOUNDCLOUD
    For finding a whole new way to pay royalties to artists
  4. HOLOPLOT
    For personalizing the audio experience, even at a live event
  5. DEEZER
    For forging partnerships to get music to more people around the world globally
  6. TUNECORE
    For helping budding artists get their music to future fans
  7. CREEM
    For bringing music journalism back to its heyday
  8. THE RECORDING ACADEMY
    For expanding the definition of excellence in music
  9. CREATESAFE
    For building a framework for responsible AI music
  10. FEED.FM
    For generating a soundtrack for fitness platforms

Explore the full 2024 list of Fast Company’s Most Innovative Companies here.

Bruce Houghton is the Founder and Editor of Hypebot, a Senior Advisor at Bandsintown, President of the Skyline Artists Agency, and a Berklee College Of Music professor.

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