What challenges does AI and streaming pose to the music industry according to Panos Panay?

AI and streaming are transforming the music industry, often at the expense of artists, particularly concerning fair compensation and deals.

How are artists like Sabrina Carpenter connecting with audiences?

Artists are forging real connections with audiences through live performances, a trend highlighted by record-breaking tours.

What is The Recording Academy's role?

The Recording Academy, led by Panos A. Panay, organizes the Grammy Awards and addresses industry transformations like AI and streaming's impact on artists.

Home / Arts and Entertainment / Grammy Chief Tackles AI, Streaming's Artist Woes

Grammy Chief Tackles AI, Streaming's Artist Woes

1 Feb

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Summary

Recording Academy president addresses AI and streaming's impact.
Panay discusses artist payments and fair deals in music.
Live performances are key for artists connecting with fans.

Grammy Chief Tackles AI, Streaming's Artist Woes

Panos A. Panay, president of The Recording Academy, is at the forefront of addressing how artificial intelligence and streaming services are reshaping the music industry. His tenure is marked by a critical examination of these technological advancements and their often detrimental effects on artists' livelihoods.

With a background as an agent for legendary musicians, Panay brings a deep understanding of artist development and industry dynamics. He is actively working to ensure artists receive fair compensation in an era dominated by streaming platforms, exploring strategies to secure better deals for creators.

The current landscape sees a resurgence in live music, with record-breaking tours from artists like Beyoncé and Taylor Swift underscoring its significance. Panay observes that this trend is enabling the next generation of artists, such as Sabrina Carpenter, to cultivate genuine connections with their fan bases through engaging live performances.