

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

Dec 9, 2024 • 60min
TMT:25 Steve Homer on Why Concert Tickets Are So Expensive, the New Grassroots Levy, His Views on Dynamic Pricing, & Watching Nirvana on Top Of The Pops with Kurt Cobain
Welcome to The Money Trench. In this episode, Mark is joined by Steve Homer, CEO of AEG Presents.Throughout the conversation, Steve shares his insights on hot topics like the grassroots ticket levy, festival shutdowns and openings, and the ever-changing world of dynamic ticket pricing. Steve gives his thoughts and opinions as a man very much in the middle of it all!He also reflects on his journey into live music promotion, recounting memorable stories such as bringing Eminem to the UK for the first time, experiencing Nirvana’s legendary Top of the Pops performance with the band themselves, and revealing what industry rivalries are really like.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Dec 2, 2024 • 59min
TMT:24 Miranda Sawyer on Britpop beyond Blur Vs Oasis, the Continued Importance of Music Journalism, the Power of Kate Nash’s Bum and the Greatness of British Pop Music As Export
Welcome to The Money Trench. In this episode, Mark is joined by author, journalist and fellow podcaster, Miranda Sawyer.Exploring themes from her new book, Uncommon People: Britpop and Beyond in 20 Songs, the conversation digs into Britpop’s enduring legacy, moving past the Blur vs. Oasis rivalry into stories about Pulp, Suede, and more, while also examining how the era’s stars coped with sudden fame.Miranda also reflects on her journey into music journalism, from landing her first role at Smash Hits to writing for iconic magazines like Q and Loaded. We discuss the rise and continued importance of music journalism, the challenges of working in indie music as a woman, and why the prominence of bands in the alternative scene has faded.Find out more - Uncommon People: Britpop and Beyond in 20 SongsNEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Nov 25, 2024 • 1h 6min
TMT:23 Mark Davyd on How the Arena Ticket Levy Will Work, the ‘Cultural Disaster’ of Losing Grassroots Venues, Booking Oasis on Their Debut Tour, and Taking on Simon Cowell
Welcome to The Money Trench. In this episode, Mark is joined by Mark Davyd, CEO and founder of Music Venue Trust.Catching up shortly after his front-page appearance with Katy Perry, the conversation highlights the growing international support for the Music Venue Trust, with backing from global stars and prominent UK artists. The conversion digs into the Department for Digital, Culture, Media & Sport (DCMS) committee’s report on introducing an arena ticket levy, emphasizing the critical role grassroots venues play in shaping first-stage careers and UK culture.Mark also explores the potential implementation strategies for an arena ticket levy, shares his personal journey and passion for grassroots venues, and stories of his disputes with Co-op live, legal battles with Simon Cowell, and booking Oasis back in the day.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Nov 18, 2024 • 1h 3min
TMT:22 Shabs Jobanputra on How His Refugee Background Influenced His Career, Breaking Everyone from So Solid Crew to Baby Shark, US Labels Poaching UK Artists, and Walking Away from Signing Amy Winehouse
Welcome to The Money Trench. In this episode, Mark is joined by Shabs Jobanputra, founder and president of Relentless Records.Catching up at Sony HQ, Shabs shares his journey into the music industry, reflecting on the challenges he faced as an immigrant and recounting the early days of Relentless Records. He discusses the label's first signings and its evolution over the years, offering insights into both its successes and the pressures from the U.S. market.The conversation also touches on the decline of traditional gatekeepers in music and the growing importance of diverse opinions and attitudes within the industry. Shabs also digs into the thought process behind key signings, including So Solid Crew, Craig David, and even the phenomenon of Baby Shark.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Nov 11, 2024 • 1h 4min
TMT:21 Lucas Keller on the UK’s Producer and Writer Talent, What the Majors are Not Doing for Songwriters, Being Travis Kelce’s Agents and Why A&R’s Shouldn’t Have Side Hustles
Welcome to The Money Trench. In this episode, Mark is joined by Lucas Keller, founder and president of Milk & Honey Management.Catching up after two nights of industry awards and the morning after the U.S. election, Lucas digs into some of the most pressing issues facing his clients. The conversation covers navigating complex deals with multiple songwriters, the ongoing battle for fair streaming rights, and recent changes at Milk & Honey, including their expansion into athlete management. Lucas also shares insights on representing NFL star Travis Kelce and the unique challenges of managing high-profile talent.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Nov 4, 2024 • 1h 1min
TMT:20 Robert Swerdlow on Protecting Artists, The Digital Entertainment Business Vs The Music Industry, ‘The Algorithm of The Soul’, Managing The La’s, Michael Kiwanuka, and Little Simz, and Getting Artists in the Big Brother House
Welcome to The Money Trench. In this episode, Mark is joined by Robert Swerdlow, of Starwood Management.With over 25 years of management experience, Robert discusses the challenges artists face today and his role in protecting them - from issues around selling copyright to the complexities of the digital entertainment industry’s close ties with music. The conversation also touches on the pros and cons of ticket touting, his experiences working with artists like The La’s, Michael Kiwanuka, and Little Simz, and the quick lessons he learned when one of his artists entered the Big Brother house.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Oct 28, 2024 • 1h 5min
TMT:19 Gee Davy on the AI Licensing Battle, UMG Buying PIAS, TikTok vs Merlin, and the Latest from the Streaming Remuneration Group
Welcome to The Money Trench. In this episode, Mark is joined by AIM interim-CEO, Gee Davy.Digging into the latest industry news, Gee shares her insights on the Merlin-TikTok licensing developments and GEMA's advancements in AI music licensing. As well as discussing the journey of her winding career, from engineer, to lawyer and now Aim interim CEO, the conversation also covers the impact of Universal taking on PIAS, and the latest from the streaming renumeration group.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Oct 20, 2024 • 56min
TMT:18 Caroline Elleray and Mark Gale on Signing Coldplay, Using Data for A&R, the Rise of UK Songwriters, and Almost Managing Oasis
Welcome to The Money Trench. In this episode, Mark is joined by two of the most influential music publishing execs of the last 30 years, Caroline Elleray and Mark Gale, co-founders of Second Songs.Caroline and Mark give us an in-depth look at their storied careers in the music industry, sharing the details behind starting Second Songs publishing and management, the dynamics behind working as both business partners and a married couple, and what the future looks like for the company.The conversation also covers the crisis of confidence and the use of data in A&R, the rise and success of UK songwriters, and the moment when Caroline first saw something special in Coldplay - long before anyone else did.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Oct 13, 2024 • 59min
TMT:17 Karen Emanuel, Women in Music Awards Businesswoman of the Year, on the Future of Vinyl, Innovation in Music Formats, and being a Female Business Owner in the '90s
Welcome to The Money Trench. In this episode, Mark is joined by Karen Emanuel, CEO and founder of Key Production Group, & recent winner of Businesswoman of the Year at the Women in Music Awards.As well as covering topics including the future of vinyl, new music formats, and sustainability in the business, Karen shares her experience of starting and growing a company during a recession. She opens up about the challenges she faced as a female business owner in the '90s, what’s changed since then, and what still needs to improve.Karen also gives her take on the current trend of superfans and record variants, and where she sees her business heading next.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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

Oct 6, 2024 • 1h 14min
TMT:16 Mike Smith on the Decline of Major Label A&R, Publishing vs Record Labels, Signing Blur, and Trying to Leave the Industry
Welcome to The Money Trench. In this episode, Mark is joined by A&R legend Mike Smith.Mike is one of the industry’s true A&R legends, who has built an enviable reputation across MCA, EMI, Columbia, Mercury, Virgin EMI, Warner Chappell, Downtown and beyond, signing and working with some all-time greats.Fresh off the plane from Spain and back in the UK for a new music launch, Mike shares the fresh perspective he's gained from having some distance from the industry. Covering all aspects of his career, he discusses everything from faking his way into the A&R world, to the differences between being a 'publishing' guy versus a 'label' guy. He also shares the secrets to spotting what could be the next music scene, and recounts stories of signing some of the biggest artists of the day.NEWSLETTERSign up HERE for the TMT newsletter - featuring each week’s hottest music industry stories.PPL The Money Trench is sponsored by the PPL who celebrate their 90th year in business this year.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


