Audius Appoints Shamal Ranasinghe as Chief Business Officer to Foster Innovation and Build Strong Music Industry Connections

03/02/2023 14:10 • Digital Disruptors • 136 views

On March 2, the decentralized music platform Audius appointed Shamal Ranasinghe as the chief business officer. Shamal Ranasinghe will oversee the relationship between the company and the music industry, play a leading role in innovation, and develop reports, analysis and other tools to help artists, record companies and rights holders succeed.

The decentralized music platform Audius appointed Shamal Ranasinghe as the chief business officer

Analysis based on this information:

Audius, a decentralized music platform, has appointed Shamal Ranasinghe as its chief business officer to drive innovation and reinforce links with the music industry. The new appointment signifies an important move for the startup towards establishing itself as a credible player in the music industry. The role is critical to Audius’s plans to build a decentralized network that provides artists and music fans with a platform to share and manage music with total control and transparency.

As CBO, Shamal Ranasinghe will be responsible for improving relationships between Audius and stakeholders in the music industry. This includes artists, record companies, and rights holders. He will lead efforts to develop new tools for artists that provide them with analytic insights, reports, and other data-driven resources to help them succeed in the industry. The appointment of Shamal demonstrates Audius’s commitment to fostering innovation and building strong connections to the music industry.

Audius aims to create a fairer and more equitable music industry for all by offering an alternative to the established industry players. Current music streaming platforms such as Spotify and Apple Music are heavily centralized and heavily controlled by a handful of large corporations. Audius, on the other hand, aims to create a decentralized network that empowers artists and ensures they have full control over their music.

Shamal’s appointment is part of Audius’s long-term plan to attract talented individuals to its team to accelerate its growth and ensure that it reaches its full potential. Having worked in the music industry for several years, he brings his experience, vision, and strategic mindset to help create a dynamic and vibrant ecosystem that benefits creators, consumers, and investors alike.

In conclusion, the appointment of Shamal Ranasinghe as CBO of Audius is an important step for the platform as it seeks to grow and establish itself as a credible player in the music industry. His vast experience in the industry, innovative mindset, and strategic approach are sure to help Audius achieve its goal of creating a fairer and more decentralized music industry.

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