MBW’s World Leaders is a regular series in which we turn the spotlight towards some of the most influential industry figures outside the US and UK markets. In this feature, we speak to Temi Adeniji. World Leaders is supported by, a leading international neighbouring rights collector.
There are few people with as wide and deep a view of the Indian music industry as Tarsame Mittal.
The founder of TM Ventures has interests in almost every aspect of the business. He’s perhaps best known as the man behind artist management company, which he launched in 2012 and whose roster boasts many of the biggest names in Bollywood. It includes the most streamed Indian artist on festival; the brain behind India’s largest music conference , held annually since 2017; and a website publisher, who runs the four-year-old music . Last year, he added label owner to the list.
Mittal now helms two record companies, TM Music and ii Music; helps run two others, Singh’s Oriyon Music and Bhardwaj’s VB Music, and as of a few weeks ago, owns a 50% share of Desi Records, which is currently enjoying the success of its
That’s a number many stakeholders, including Mittal, believe falls short of the true worth of the country’s music business.
A 2019 report Music Business Worldwide, for instance, stated that the revenues generated from all the “formal partner industries” for which music provides the “raw material”, such as television, radio, live events, and ‘OTT’ audio-streaming platforms, is $1.2 billion, nearly seven times the