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Top 10 Most Innovative Music Companies

NEW YORK (Hypebot) – Fast Company magazine's annual "World's Most Innovative Companies" list won't hit newsstands until February 22nd, but Hypebot got an advance look at their list of top 10 music companies.

Fast Company defines the music category broadly to include major brands who use music creatively alongside artists and traditional music companies.  Such broad competition makes BigChampagne's appearance at #3, just below Pandora and Coca-Cola even more impressive.

“What began as a radical idea – our ambition to change the way popular entertainment is measured – has become our life’s work,” said BigChampagne founder Eric Garland responding to the honor.

“We are truly honored to be acknowledged in this extraordinary way". Last fall Big Champagne launched The Ultimate Chart which combines music sales and radio airplay with online and social activity.

No record labels maybe, but the inclusion of Hello Music and Songbird in the Top 10 were affirmations of their contributions to the latest iteration of the evolving music industry.

Fast Company's 10 Most Innovative Music Companies 2011
1. Pandora
2. Coca-Cola
3. BigChampagne
4. Arcade Fire
6. Hello Music
7. Converse
8. Sonos
9. Songbird
10. Weezer

Fast Company's annual Most Innovative Companies issue will also honor  Facebook, PepsiCo, and ESPN, along with such rising newcomers as, Groupon, FX Networks, and SynCardia Systems.

Apple leads the annual ranking of the Top 50 for dominating the business landscape in 101 ways.

The magazine's  editorial team evaluated thousands of global businesses to create the complete World’s Most Innovative Companies list.  Their goal is to highlight companies that "dare to be different, emphasizing not just revenue growth and profit margins. but also progressive business models and an ethos of creativity."