The Money Trench
The Money Trench - The Music Industry Podcast with Mark Sutherland
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 w...
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The Money Trench
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Podcast website
Latest episode
Jul 5, 2026
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Episodes
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 25.11.2024 1:05:33
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 & S...
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 18.11.2024 1:02:44
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...
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 11.11.2024 1:04:04
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...
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 04.11.2024 1:00:35
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...
TMT:19 Gee Davy on the AI Licensing Battle, UMG Buying PIAS, TikTok vs Merlin, and the Latest from the Streaming Remuneration Group 28.10.2024 1:04:33
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 Unive...
TMT:18 Caroline Elleray and Mark Gale on Signing Coldplay, Using Data for A&R, the Rise of UK Songwriters, and Almost Managing Oasis 20.10.2024 56:13
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...
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 13.10.2024 59:10
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...
TMT:16 Mike Smith on the Decline of Major Label A&R, Publishing vs Record Labels, Signing Blur, and Trying to Leave the Industry 06.10.2024 1:14:04
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...
TMT:15 Jo Twist & Sophie Jones on David Joseph leaving Universal, Updates from the Streaming Creator Remuneration Group, Why British Artists are Struggling to Break Internationally & Partying at the Labour Party Conference 29.09.2024 1:04:20
Welcome to The Money Trench. In this episode, Mark is joined by BPI CEO Jo Twist and CSO Sophie Jones. After a rainy few days in Liverpool at the Labour Party Conference and the BPI Northern Music Showcase, Jo and Sophie discuss how politicians need to engage with the music industry and the importance of treating music as more than just culture. They also share insights on how pro-business policie...
TMT:14 Olivia Hobbs on Going Viral on TikTok, Artist Embarrassment around Social Media, Neurodiversity in music, and Not Exploiting Superfans 22.09.2024 54:26
Welcome to The Money Trench. In this episode, Mark is joined by Olivia Hobbs, founder of marketing agency Blackstar. Olivia breaks down the success of digital marketing in today’s genre-agnostic music industry, exploring innovative ways to build communities and market music beyond traditional social media channels. As well as sharing insights on creating viral moments and discussing why some artis...
TMT:13 Alex Hardee on Getting Liam Gallagher back to Knebworth, Dynamic Ticket Pricing, How Streaming is Rigged, and Why Agents Have To Be More Professional These Days 15.09.2024 1:02:03
Welcome to The Money Trench. In this episode, Mark joins Alex Hardee, Executive Vice President & 'Special Agent' at Wasserman Music. Touching on some of the biz's top headlines, Alex shares his thoughts on the ongoing frenzy around dynamic ticket pricing and potential solutions, he also discusses the challenges artists face with the EU’s touring regulations. Reflecting on his early days working wi...
TMT:12 Ben Wynter on Dynamic Pricing, Making a Stand on Joe Rogan, Why the Music Biz Is Going Backwards on Diversity, and Partying with Beyoncé and Kelly Rowland 08.09.2024 1:12:20
Welcome to The Money Trench. In this episode, Mark sits down with Ben Wynter, the visionary Founder of Unstoppable Music Group, Co-Founder of Power Up, and Director of Business Development & Partnerships at AIM (Association of Independent Music). Looking back on his early career, Ben shares stories of pitching to managers on the street, securing spontaneous internships in New York, and navigating...
TMT:11 Alan Edwards on The Impact of the Oasis Revival, PR Mastery, and Touring with Spice Girls, Bowie, and Motörhead 01.09.2024 1:06:07
Welcome to The Money Trench. In this episode, Mark sits down with Alan Edwards, the founder of public relations powerhouse, The Outside Organisation. As the buzz around the Oasis revival dominates headlines, Alan delves into the potential ripple effects of the band's reunion on the music industry, particularly its influence on grassroots venues. Often hailed as the godfather of modern PR, Alan rec...
TMT:10 Helen Thomas & Jeff Smith on Curating Radio 2's Playlist, Revamping the Presenter Lineup, and Reviving ELO 25.08.2024 1:18:23
Welcome to The Money Trench. In this episode, Mark is joined by Helen Thomas, Head of BBC Radio 2, and Jeff Smith, Head of Music for BBC Radio 2 and 6 Music. As they explore the evolving strategy at Radio 2, Helen and Jeff share insights on adapting to a new generation of listeners while continuing to serve the current audience, the rationale behind changing the presenter lineup, and the planning...
TMT:09 Dave Bianchi on Breaking UK Acts Internationally, the Next ‘Alt’ Music Movement, and What US Labels Really Think About UK Labels 18.08.2024 1:02:04
Welcome to The Money Trench. In this episode, Mark is joined by Various Artists CEO Dave Bianchi. Throughout the conversation, Dave discusses the challenges of breaking UK acts internationally, exploring the complexities of selling music abroad and predicting where the next 'alt' music movement might emerge. Beyond industry insights, including his new ventures with Various Artists, he shares his l...
TMT:08 Darcus Beese on Rising from Intern to Island President, Independent Labels Resetting the Industry, How Ed Sheeran Got Away, & Lessons Learned From Amy Winehouse 11.08.2024 1:20:53
Welcome to The Money Trench. In this episode, Mark is joined by Island ex-CEO and President, A&R Legend and now Indie Label Head, Darcus Beese. Giving the music industry headlines a miss this week (Mark's on holiday), Darcus dives into his journey from intern to industry leader, sharing stories of signing some of the biggest artists of the past few decades, including Amy Winehouse, Sugababes, and...
TMT:07 Nina Nesbitt & Vicky Dowdall on Fair Pay for Songwriters, Successful Manager-Artist Relationships, Motherhood in Music, and Karaoke with Justin Bieber 04.08.2024 1:09:19
Welcome to The Money Trench. In this episode, Mark is joined by singer-songwriter Nina Nesbitt and manager Vicky Dowdall. With a partnership going back to Nina’s teenage years, the pair reflect on the pivotal moments of their careers together, from handling major label deals to starting a label of their own Apple Tree Records. They share the secret to their strong artist-manager relationship and r...
TMT:06 Tara Richardson on Launching a Management Company, Attitudes to Mental Health, Top Artist Traits, and Pub Quizzes With The Last Dinner Party 28.07.2024 1:00:51
Welcome to The Money Trench. In this episode, Mark is joined by Tara Richardson, not long after the launch of her new management company T-Time Management. Tara discusses her decision to leave Q Prime and start her own company, sharing her vision for T-Time and her thoughts on the future of the music industry. Reflecting on her journey in the music industry, Tara recounts her early days managing g...
TMT:05 Daniel Glass on Universal's Early Days, Hustle Culture, Physical vs. Digital Sales, and Growing Artists Into Arenas 21.07.2024 1:07:31
Welcome to The Money Trench. In this episode, Mark catches up with storied US label boss Daniel Glass. On a fleeting London visit, Daniel reflects on the early days of his career, from the moment he fell in love with the market, to setting up a label from a hotel foyer, and his time at Chrysalis and Universal Records. As well as sharing his thoughts on hustle culture and how to be a successful ent...
TMT:04 Annabella Coldrick on Managers' Evolving Roles, the Fight for Fair Pay in Streaming, Renegotiating Contracts, and New Music Industry Baddies 14.07.2024 1:05:50
Welcome to The Money Trench. In this episode, Mark is joined by the new Music Managers Forum (MMF) CEO, Annabella Coldrick. As well as digging into the latest music industry news, including major label restructuring and management lawsuits, the conversation explores how the role of music managers has evolved over the years, the key ways to make the industry fairer and how to create strong artist r...
TMT:03 Tom Kiehl on UK Music's Pre- and Post-Election Strategy, the Impact of a New Government, Post-Brexit Challenges, and Uncovering Portsmouth's Music Scene 07.07.2024 48:49
Welcome to The Money Trench. In this episode, Mark is joined by the new UK Music Chief Executive, Tom Kiehl (recorded on the day of the General Election). As the bridge between the music industry and government, Tom discusses how UK Music has prepared and will respond to the results of the General Election. In addition to sharing stories of early morning record store days and investigating the Por...
TMT:02 Ferdy Unger-Hamilton on AI Lawsuits, independent label success, the future of A&R, and partying in Bono's hotel room 30.06.2024 1:03:29
Welcome to The Money Trench. In this episode, Mark is joined by A&R heavyweight and former major label head, Ferdy Unger-Hamilton. In another big week for the industry, the conversation covers major label lawsuits, the Rolling Stones on Roblox, and an in-depth discussion of the most important parts of A&R. Reflecting on his career, Ferdy talks through his very first job interview taken on a paypho...
TMT:01 Lorna Clarke on Glastonbury, the BBC vs commercial radio, nurturing new talent & eating curry with Paul McCartney 23.06.2024 1:06:45
Welcome to The Money Trench. In this, our very first episode, Mark is joined by Lorna Clarke, Director of Music at the BBC, ahead of one of the busiest weeks in her calendar, Glastonbury. As well as discussing the scale of the BBC’s Glastonbury coverage and detailing what goes into planning a broadcast of this scale, Lorna takes us on a deep dive into her career, sharing her thoughts on the BBC vs...
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