Paris, 5 November 2007 – Music Ally, the leading digital music research and strategy company, and the MidemNet Forum, the two-day conference exploring how digital is driving the music business forward, are delighted to announce the launch of the Music Ally/MidemNet “New Business Showcase”. This will take place as part of the MidemNet conference in Cannes from 26-27 January 2008.

The showcase will highlight the most enterprising, innovative and inspiring business ideas to help to create value and move the music industry forwards in the 21st century. The six most inspiring business ideas will be invited to present at the MidemNet Forum where they will be voted on by attending delegates.

Music Ally MD Paul Brindley commented, “Innovation is key to the success of the music industry in the 21st century, but it’s often way ahead of the music industry’s commercial realities. The idea of this initiative is to recognise innovation at whatever stage of development the business is at. Above all, what we are looking for are original and inspiring business ideas which can ultimately help to create value for the music business.”

"In a context where it is more important than ever to reinvent how we can create value out of music, we are very pleased to give a stage at the MidemNet Forum to the most innovative new business ideas for music", says Dominique Leguern, Director of MIDEM.

Entry forms can be found at www.musically.com/newbusiness

About Music Ally
London-based Music Ally is the world’s leading digital music research and strategy company. Music Ally has been providing publications, consulting, research, training and events to the music and technology industries since 2001.

Clients include AOL, BBC, eMusic, EMI, SGAE, Real Networks, Gracenote, Yahoo!, Universal, Ticketmaster, Warner Music Group, Sony BMG, IFPI, Sony Ericsson, Live Nation and Vodafone.

For more information go to http://www.musically.com/ or contact:

Music Ally: Paul Brindley +44(0)20 74905444 paul.brindley@musically.com

About MidemNet Forum
MidemNet Forum brings an invaluable update on how digital is driving the music business forward, changing it rapidly and radically.

Over two days of intense conference sessions and serious networking opportunities, delegates debate and engage with more than 1,300 key international executives and play an active role in shaping the future of the industry. Held at MIDEM, the world's music market, the event is the best opportunity to network with the global music community.


Note to Editors

Founded in 1963, Reed MIDEM is a leading organizer of professional, international tradeshows. Reed MIDEM events have established themselves as key dates in professional diaries. The company hosts MIPTV featuring MILIA, MIPDOC, MIPCOM, and MIPCOM JUNIOR for the television and digital content industries, AMAZIA devoted to the creation and distribution of entertainment content, MIDEM for music professionals, MIPIM, MIPIM Asia, MIPIM HORIZONS and MAPIC for the property and retail real estate sectors and GLOBAL ASSET for asset management professionals.
Reed MIDEM is a division of Reed Exhibitions, the world’s leading organiser of exhibitions and conferences delivering over 460 events in 34 countries and serving 52 industries worldwide. For further information about Reed MIDEM visit www.reedmidem.com.