The State of Independents 2024

As live music’s corporate giants continue to concentrate on market share dominance and revenue growth, the plight of independent operators battling to compete has never been fiercer. But as IQ discovers, the passion for delivering meaningful events, for artists and audiences alike, is continuing to drive these entrepreneurial outfits forward, albeit amid some challenging circumstances…

Covid may have been the final straw for many independent companies involved in live entertainment, as two years without income left some bankrupt and others disillusioned. But the enforced lockdowns also provided numerous professionals with the chance to set up their own companies, with the agency sector in particular experiencing the birth of numerous new outlets, including Mother Artists, One Fiinix Live, Runway and Midnight Mango, in the UK.

Compiling our inaugural indie-focussed edition of IQ, we heard from countless professionals who are either working at independent companies or running their own enterprises and the myriad challenges they face on a day-to-day basis. But their conviction to remain indie and to excel in their particular sectors or markets is inspiring.

And while Earth Agency’s Williamson believes it is slightly easier to operate as an independent now than when the company first started, it’s clear that in today’s live music business, the obstacles to remaining independent are high. Noting the camaraderie among the indie sector, Rev. Moose at New York-based Marauder comments, “We consider ourselves fortunate to have made strong relationships within the freelance community that allow us to support one another.” He notes that honesty is one of the guiding principles at Marauder, rather than the over-selling that some companies seem to expound. “We’re a small company that manages quite large programmes. Part of this is due to how we communicate with our clients, making sure they understand our practical limitations and needs as much as we understand theirs.”

“I have a healthy company, and I cannot see the benefit of being part of something else”

In Belgium, Steven Thomassen, founder of Toutpartout, is celebrating 30 years of being independent. “I love the luxury of only telling myself what I have to do and having the freedom to do that,” he says. “I don’t have many luxury demands: I don’t need a swimming pool or a big car because I like using public transport. And right now, I have a healthy company, and I cannot see the benefit of being part of something else.”

That’s a philosophy that strikes a chord with Conal Dodds at Crosstown Concerts in the UK. “I didn’t come into music just to make money. It’s a vocation, it’s something I love doing, and I still think I’m in it for the right reasons,” he tells IQ. “I’m not driven by money in the same way that a lot of people are – all I need is enough. Crosstown has 19 full-time employees, and I’d rather be in a position where I can pay them all a really good salary, and they can all have a nice existence, rather than just milking it all for myself.”

Outlining his decision to remain independent, Anthony Jouet of Prague-based promoters, Fource Entertainment, says, “There are no shareholders to tell me that we need to do 50% more shows next year or hit some crazy targets just to try to raise more money. We’d rather do the right shows and deliver them with the same quality of services we are known for than overwhelm myself and the team by booking so many shows that we’re not able to allocate proper time to them.”

That’s an approach that Greenhouse Talent founder Pascal Van De Velde sees as fundamental to his business. “I’ve had bosses before – really good ones who I could look up to,” he says. “But with the big corporations, your superiors are not always people that you look up to. In many cases, you report to the accounts department. Whereas, for me, it’s the music and the concerts and the artist relationships that are key. I don’t want anybody breathing down my neck about much money we’re going to make in six months’ time.”

“Global deals are a major game changer

Losing acts
For those on the promoting side of the fence, while there are always opportunities to begin working with exciting new talent, the increasing popularity of global tour deals is causing some to reconsider whether artist development is still worth investing the time.

Global deals “make our work massively more difficult, as we cannot ever be sure that we are still going to remain as promoters on the next cycle,” says Jouet. Indeed, he can cite examples. Among the acts Fource has worked with, up to arena level, are Imagine Dragons, Billie Eilish, and Twenty One Pilots. “But we lost the last tours to Live Nation because what they can offer the acts was obviously unbeatable,” says Jouet. “It’s a pattern that’s happening more and more. Global deals are a major game changer.”

Dodds has similar experiences. “Those bigger companies can say to new acts, ‘Well, if you don’t let us be your promoter, you won’t get our festivals.’ So, it’s definitely a struggle, but I would still rather be in a position where I know that I’m going to lose an act at a certain point in their career because they’re going to take a European deal or a worldwide deal. I can deal with that just as long as I’m not answerable to someone that’s based in LA or Berlin or wherever.

“I’m philosophical: you have to roll with the punches. But I do think it will get increasingly difficult over the next five to ten years for independent companies like Crosstown to exist, because there aren’t many that will be able to promote at a national level.”

“As an independent, you need to know your limit. And if you cross the line, you will get hurt”

Van De Velde takes another view: that not being part of a corporate structure allows him to operate free from a need to increase turnover or maintain a monopoly. “Our goal at Greenhouse, meanwhile, is directly connected to the profession, to the artists. It is to make a concert successful and an artist’s career successful – and that’s not a secondary goal. Of course, the competition from the corporations is enormous, so we have to make sure we are much better than they are – but there’s always room for boutiques and the personal touch.”

He continues, “If you’re a mid-size artist or manager and your guy in Benelux who you’ve worked with for 25 years has always done a good job – he’s very attentive and detailed about your career and knows your sensibilities – I think you’ll definitely consider working with a person like that, because you’re still in touch with the boss of the company.”

That sentiment is reflected on both sides of the Atlantic, with Jose Muniz at Mercury Concerts telling IQ, “Unlike big corporations that can afford to overpay an act for whatever reason – market share, world dominance, executive promotions and bonuses – as an independent, you need to know your limit. And if you cross the line, you will get hurt.”

However, nodding to his 12 years within the OCESA/T4F setup, Muniz adds that experience within a major company has helped shape his business since. “Personally, I learned to apply some of the corporate mentality to my independent operation: the discipline, the way I focus on results, and last but not least, to realise that my bank account, although solid, has limitations.”

“First and foremost, we’re all very entrepreneurial in spirit, and we are all very committed to our artists”

Agents of change
In March 2023, Primary Talent International announced a management buyout following CAA’s acquisition of ICM, Primary’s former parent company.

“First and foremost, we’re all very entrepreneurial in spirit, and we are all very committed to our artists,” says partner Sally Dunstone of Primary’s reinstated indie status. “We enjoy having the freedom to work with whichever artists we want on our roster, and we are very committed to making sure that they’re serviced as well as any other agency.”

And noting that the independent spirit can be a state of mind that can exist within individuals across the industry, she continues, “As an agent, you work with the people who you get on with the best, and there are many promoters at AEG, Eventim, Live Nation, and others, who were independent and then moved into that space, but they still have that indie, entrepreneurial approach.”

Indeed, believing that many live music professionals still pursue their careers from a position of passion, Dunstone adds, “It’s a vocation, it’s not a job, and you have to love it to be able to excel.

“As an agent, you wake up every day and you never know what challenge is going to hit you – it could be a thousand different things. But the important thing is how you react, and here at Primary, we’re a very strong, closeknit team, and we’re very collaborative in terms of solving issues that will benefit our artist clients and promoter partners.”

“I don’t have to ring anybody up to make a financial decision”

Highlighting the multiple hats that many indie operators wear in order to make ends meet, Thomassen explains that in addition to promoting shows across the Netherlands and Belgium, Toutpartout is also an established agency for international and domestic talent, while other sidelines include a record label and a record store.

And while some peers worry about global deals, he’s less concerned about losing talent. “I have a very long relationship with a lot of my acts. For instance, Beach House and Kurt Weill were sleeping on my couch when they first came over – they stayed in my house, and we grew up together. I think those acts don’t forget that because they also have this indie spirit,” says Thomassen.

“I still need to do my job properly, of course, delivering shows or festivals that a band or manager expects, because I’m sure they will move somewhere else if I don’t. And that sometimes still happens. But I love the bands I work with, and I love their music – it’s what I try to send out to the world and also to the promoters or the festivals. I’m not saying that in all the major companies that you’re a number, but it’s a different approach. For me, all of my acts are my priorities, so I give all my attention to them.”

Crosstown’s Dodds thinks the indie approach is, by definition, the most sustainable for the industry. “Nimble is a great way of putting it,” he says. “I don’t have to ring anybody up to make a financial decision. We’re easy to get hold of – the agents deal with me or the relevant promoter, they don’t have to wait for a decision because we’ve got to get someone to sign off our deals, for instance. And they’re not having to wait for six weeks to get paid because we’re a big corporate machine that is top heavy in terms of admin. We’re prompt payers.”

But he concludes that when it comes to independent promoters, at least, Crosstown and its compatriots around the world could become an endangered species.

“I’m never complacent. Even with acts I’ve worked with for a long time, you never know what’s around the corner”

“I’m never complacent. Even with acts I’ve worked with for a long time, you never know what’s around the corner, and I don’t have the pockets to dangle £100m cheques in front of them. And I don’t want to – I’m not in high finance, I’m in showbiz. Developing new acts has always been the thrill for me.

“I might find the hottest new thing and do a few gigs with them, and then suddenly they burst through to arena level, and suddenly Live Nation or AEG have signed them to a global deal. That’s the way the world works. But one of the things that my old Crosstown partner, Paul Hutton, always said was that he saw a future where there would be two or three companies that completely dominated the marketplace and owned everything. And when that happens, then the agents will have ceded too much power, too.”

In Spain, Xavi Manresa launched Cap-Cap Produccions in 1988, and admits he is becoming more reluctant about working on new acts only to lose them to global deals. “It’s hard to be independent, knowing that I’m probably not going to recuperate all the time and energy and money that I put into developing a band in the market. That’s why I don’t do that many new bands these days.” he says.

However, he discloses his own simple plan to reinvigorating those early independent sensibilities – the expansion of a new office in an emerging market – in Cap-Cap’s case, Tbilisi, Georgia. “It’s something really interesting for me because everything has to be built from the ground up,” he reports, “It’s like Spain in the 80s, but with more infrastructure because there’s already some people working there.”

And while he confesses he may launch a festival in Georgia, it’s the intimate shows that titillate the music fan within, keeping his indie spirit alive. “I’m not interested in arenas or stadiums. Who wants to see Green Day on a screen when you can do a club of 2,000 capacity?! That’s the kind of show I did for them in 2019,” Manresa adds.

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