

The Money Trench - The Music Industry Podcast with Mark Sutherland
The Money Trench
The Money Trench (TMT) is The Music Industry Podcast from presenter Mark Sutherland and exec producer Mike Walsh, produced by Tape Notes and supported by Sound On and Tixel. Each Monday, we will dissect the biggest music industry news stories of the previous week, in the company of one of the industry’s most influential executives. Followed by a deep dive into that exec’s career in music, including their thoughts on where we’re at and where we’re heading. Now, TMT is here to look at all sides of the music business and celebrate the most exciting industry on the planet. Don’t start your music week without it…
Episodes
Mentioned books

May 25, 2025 • 60min
TMT:45 Jamie Oborne On Managing The 1975 & Keeping The Spirit of Independence Alive
Welcome to The Money Trench! This week, Mark sits down with Jamie Oborne, founder of Dirty Hit Records and All On Red Management, and the guiding force behind The 1975, Bleachers, The Japanese House, and more.
Jamie shares his journey from artist to manager to label boss, building one of the most influential independent operations in the UK music industry.
Mark joins Jamie at Dirty Hit HQ for a candid conversation about building artist-first businesses, dealing with viral fame and controversies, maintaining independence, and preparing for one of the biggest gigs of their career: The 1975 at Glastonbury.
NEWSLETTER
Sign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.
PPL
The Money Trench is sponsored by the PPL.
KEEP UP TO DATE
For the latest podcast and music business updates, make sure to follow us on:
Instagram: @the_money_trench
LinkedIn: The Money Trench
Website: The Money Trench
GET IN TOUCH
If you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!
Thanks to our partners
PPL
Earth/Percent
Tom A Smith
Aimless Play
Fourth Pillar
Sennheiser
Junkhead Studio
Tape Notes
Executive Producer: Mike Walsh
Producer: Tape Notes

May 18, 2025 • 52min
TMT:44 Jin Jin On Writing Smash Hits & How Songwriter Contracts Need To Change
Welcome to The Money Trench! This week, Mark sits down and chats with multi-platinum UK songwriter and creative entrepreneur, Jin Jin.
With hits for Jess Glynne, Raye, Jax Jones, David Guetta, Becky Hill, Sabrina Carpenter, and many more, the pair discuss the songwriting economy, streaming reform, creative development, and what it takes to build a sustainable career behind the scenes.
Recorded during Ivors week, Jin Jin reflects on her own Ivor nomination, why songwriters still struggle to get paid fairly, and why she founded her own label, management, and publishing company to help new talent rise. Plus, Jin Jin’s baby Jet makes his TMT debut!
NEWSLETTER
Sign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.
PPL
The Money Trench is sponsored by the PPL.
KEEP UP TO DATE
For the latest podcast and music business updates, make sure to follow us on:
Instagram: @the_money_trench
LinkedIn: The Money Trench
Website: The Money Trench
GET IN TOUCH
If you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!
Thanks to our partners
PPL
Earth/Percent
Tom A Smith
Aimless Play
Fourth Pillar
Sennheiser
Junkhead Studio
Tape Notes
Executive Producer: Mike Walsh
Producer: Tape Notes

May 11, 2025 • 54min
TMT:43 Roberto Neri On The 70th Ivor Novello Awards & What Songwriters Need to Succeed
Welcome to The Money Trench! Mark is joined at Dolby Labs in Soho by Roberto Neri, CEO of The Ivors Academy.
On top of Roberto’s vast career spanning PRS, Bug Music, Downtown, Believe and Utopia, they also chat about the future of songwriting, streaming reform, AI, and championing composer rights.
Roberto brings a unique perspective on music publishing, rights management, and the industry’s shifting power dynamics and also explores his drive to protect, empower, and celebrate songwriters - not just through the Ivor Novello Awards, but all year round.
NEWSLETTER
Sign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.
PPL
The Money Trench is sponsored by the PPL.
KEEP UP TO DATE
For the latest podcast and music business updates, make sure to follow us on:
Instagram: @the_money_trench
LinkedIn: The Money Trench
Website: The Money Trench
GET IN TOUCH
If you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!
Thanks to our partners
PPL
Earth/Percent
Tom A Smith
Aimless Play
Fourth Pillar
Sennheiser
Junkhead Studio
Tape Notes
Executive Producer: Mike Walsh
Producer: Tape Notes

May 4, 2025 • 1h 5min
TMT:42 Jon Collins on How The Grassroots Levy Will Reshape The Live Biz, Plus The Big Misunderstanding Over Dynamic Pricing
Welcome to The Money Trench! This week, Mark is joined live by Jon Collins, CEO of LIVE (Live music Industry Venues & Entertainment) and chair of the Liverpool City Region Music Board, at the UK Music Academic Partnership event in Liverpool.
As a figure at the forefront of the grassroots levy, Jon explains the reasoning behind it and how he sees the future of the scheme.
The pair also chat about the current state of the UK live industry, how LIVE is working across government and industry to keep UK live music thriving, and what everything they do means for artists, venues, and fans.
NEWSLETTER
Sign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.
PPL
The Money Trench is sponsored by the PPL.
KEEP UP TO DATE
For the latest podcast and music business updates, make sure to follow us on:
Instagram: @the_money_trench
LinkedIn: The Money Trench
Website: The Money Trench
GET IN TOUCH
If you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!
Thanks to our partners
PPL
Earth/Percent
Tom A Smith
Aimless Play
Fourth Pillar
Sennheiser
Junkhead Studio
Tape Notes
Executive Producer: Mike Walsh
Producer: Tape Notes

Apr 27, 2025 • 1h 8min
TMT:41 Tony Harlow on How to Break More UK Superstars & The Future For Major Labels
Welcome to The Money Trench! This week, Mark is joined by Tony Harlow, CEO of Warner Music UK, to explore his career journey from jazz records to the boardroom, and what it means to lead a major record label in the era of AI, streaming, and cultural shifts.
During their chat at Warner HQ in London, they talk about Tony’s early days in record stores and at Blue Note Records, his global adventures across Australia and the US, and the lessons learnt from running labels like V2 and working with some of the biggest names in the business.
The pair also discuss the challenges facing UK music exports, the evolution of major label culture, and what today’s artists need to break globally.
NEWSLETTER
Sign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.
PPL
The Money Trench is sponsored by the PPL.
KEEP UP TO DATE
For the latest podcast and music business updates, make sure to follow us on:
Instagram: @the_money_trench
LinkedIn: The Money Trench
Website: The Money Trench
GET IN TOUCH
If you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!
Thanks to our partners
PPL
Earth/Percent
Tom A Smith
Aimless Play
Fourth Pillar
Sennheiser
Junkhead Studio
Tape Notes
Executive Producer: Mike Walsh
Producer: Tape Notes

Apr 13, 2025 • 1h 10min
TMT:40 Robert Horsfall & Sonia Diwan On AI's Big Legal Challenge and the Battle for Better Artist Contracts
Welcome to The Money Trench! This week, Mark sits down with Robert Horsfall and Sonia Diwan, founding partners of Sound Advice.As leaders of one of the UK’s most respected law firms for artists, songwriters, and music entrepreneurs, from brokering major label deals to championing fairer contracts in the streaming age, Robert and Sonia bring decades of experience - and plenty of stories - to the table.Mark joins them at TYX Studios to talk about the evolving role of the music lawyer, the legal implications of AI in music, the streaming economy, gender equality in the industry, and why artist-focused deals still matter in 2025.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL.KEEP UP TO DATEFor the latest podcast and music business updates, make sure to follow us on: Instagram: @the_money_trenchLinkedIn: The Money TrenchWebsite: The Money TrenchGET IN TOUCHIf you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!Thanks to our partnersPPL Earth/PercentTom A SmithAimless PlayFourth PillarSennheiserJunkhead StudioTape NotesExecutive Producer: Mike WalshProducer: Tape Notes

Apr 6, 2025 • 1h 2min
TMT:39 Craig Jennings on Breaking Bring Me The Horizon & Why Rock Is Still a Big Noise in 2025
Welcome to The Money Trench! This week, Mark sits down with one of the most respected managers in rock and metal, Craig Jennings, CEO of Raw Power Management.Craig shares his stories of shaping the careers of some of the biggest names in the business, including Bring Me The Horizon, Bullet For My Valentine, and many more.Craig also discusses his journey from the early days of the industry, to managing arena-filling rock bands. He shares insights into what makes a great manager, how artists can build long-term careers, and the ever-changing challenges of streaming, touring, and fan engagement.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL.KEEP UP TO DATEFor the latest podcast and music business updates, make sure to follow us on: Instagram: @the_money_trenchLinkedIn: The Money TrenchWebsite: The Money TrenchGET IN TOUCHIf you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!Thanks to our partnersPPL Earth/PercentTom A SmithAimless PlayFourth PillarSennheiserJunkhead StudioTape NotesExecutive Producer: Mike WalshProducer: Tape Notes

Mar 30, 2025 • 57min
TMT:38 Megan Ogleby-Page on Running Record Store Day & How Vinyl Came Back From The Dead
Welcome to The Money Trench! This week, Mark sits down with Megan Ogleby-Page, Head of Operations at ERA and key figure behind Record Store Day UK. Megan shares her insights on the evolution of physical music retail, the resurgence of vinyl and indie record stores, and how Record Store Day has become a cultural phenomenon.They also talk about Megan's journey into the industry, the challenges of running a major event like Record Store Day, and the future of physical music retail in an increasingly digital world.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL.KEEP UP TO DATEFor the latest podcast and music business updates, make sure to follow us on: Instagram: @the_money_trenchLinkedIn: The Money TrenchWebsite: The Money TrenchGET IN TOUCHIf you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!Thanks to our partnersPPL Earth/PercentTom A SmithAimless PlayFourth PillarSennheiserJunkhead StudioTape NotesExecutive Producer: Mike WalshProducer: Tape Notes

Mar 24, 2025 • 56min
TMT:37 Louis Posen On What it Means to be Punk and founding Hopeless Records
Welcome to The Money Trench! This week, Mark is joined by legendary punk rock executive, Louis Posen, founder of Hopeless Records.This week, Mark catches up with Louis in Los Angeles during Musexpo week to reflect on 30 years of independent label life, how Hopeless started as a dare, the realities of the modern streaming economy, and what it really means to stay punk in a changing industry.Louis also shares how losing his eyesight at 19 shaped his approach to life and business, why he still believes in artist-first models, and how Hopeless is giving back through its Hopeless Foundation and Hopeless Music Academy. There’s also chat about superfan tiers, ticket scalping, being called the “Paul Newman of Punk Rock”, and a few war stories from the early days of the label.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL.KEEP UP TO DATEFor the latest podcast and music business updates, make sure to follow us on: Instagram: @the_money_trenchLinkedIn: The Money TrenchWebsite: The Money TrenchGET IN TOUCHIf you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!Thanks to our partnersPPL Earth/PercentTom A SmithAimless PlayFourth PillarSennheiserJunkhead StudioTape NotesExecutive Producer: Mike WalshProducer: Tape Notes

Mar 17, 2025 • 59min
TMT:36 Nick Stewart on Why Artists Struggle To Make Streaming Pay, Signing U2 and Not Signing Joy Division
Welcome to The Money Trench! This week, Mark is joined by a 30 year veteran of the music industry, The Colonel, Nick Stewart.During their conversation they discuss the latest in the industry, including the financial polarisation of artists, how UK bands may be back on the rise and Nick explains why he thinks some genres are more valuable asset investments than others.Nick also delves into the details of his career, sharing his experiences working at the famed Island Records, working with artists such as U2, and a feisty game of football with Bob Marley.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL.KEEP UP TO DATEFor the latest podcast and music business updates, make sure to follow us on: Instagram: @the_money_trenchLinkedIn: The Money TrenchWebsite: The Money TrenchGET IN TOUCHIf you have any feedback, guest suggestions or general comments? We’d love to hear from you! - Get in touch here!Thanks to our partnersPPL Earth/PercentTom A SmithAimless PlayFourth PillarSennheiserJunkhead StudioTape NotesExecutive Producer: Mike WalshProducer: Tape Notes


