(Hypebot) – Each year Fast Company names the year's most innovative companies including a special category for music. In addition to putting the spotlight on some great companies, it's an interesting glimpse into how the mainstream business press views innovation in the music industry. In 2015, only Spotify returns from 2014's Top 10 Music Company list.
Fast Company's 10 Most Innovative Music Companies Of 2015
1. NEXT BIG SOUND
(music analytics) "For making music out of the music industry’s data"
2. PARKWOOD ENTERTAINMENT
(in-house management) "For Beyoncé, and the Beyoncé Effect."
(music streaming) For high-quality streaming people are willing to pay for.
(universal platform for searching and sharing music) "For transcending the boundaries of online music."
(online ticketer) "For making the concert going experience as good as the music on stage."
(high quality wireless audio) "For wising up your listening."
(publicly traded EDM powerhouse) "For bringing order to electronic dance music."
8. THIRD MAN RECORDS
(Jack White's label) "For making albums still fun to buy.. mission: 'Create things that don’t exist.' "
(music streamer) "For streaming what you want, even if you don’t know it yet. In three years, Spotify has gone from being an upstart outsider in the U.S. to a dominant force reshaping the entire landscape"
(music fan funding and engagement) "For helping artists and fans get what they want."