Panos Panay

Panos Panay
Born June 25, 1972
Residence Watertown, MA
Nationality Cypriot
Alma mater Berklee College of Music
Occupation Founding Managing Director of Berklee Institute for Creative Entrepreneurship
Known for Founder & CEO of Sonicbids, Co-Founder Open Music Initiative
Website http://www.panospanay.com

Panos Panay (born June 25, 1972) is a Cyprus-born entrepreneur and educator. He is the founding Managing Director of Berklee Institute for Creative Entrepreneurship,[1] and the founder of online platform Sonicbids.

Education

Panay has a Music Business & Management degree from Berklee College of Music.

Career

Panay began his career as talent agent at Ted Kurland Associates[2] responsible for the international tours of artists including Chick Corea and Pat Metheny.

In 2000, Panay started the company Sonicbids as of way of enabling independent artists to connect with music promoters online, using Electronic Press Kits (EPK) as a means of booking bands. Panay founded the company in his apartment in Newton, MA. Panay led the company as CEO for 13 years, until after its acquisition by Backstage LLC, in a deal backed by Guggenheim Partners.[3][4][5]

Panay is credited for spotting and capitalizing early on three emerging trends in the music business: the shift to online marketing; the emergence of an “artistic middle class”; and the shift to a consumer /brand-funded music business.[6]

In 2013, after the sale of Sonicbids, Panay joined Berklee college to found the Berklee Institute for Creative Entrepreneurship (BerkleeICE). Among the institute’s many activities are joint classes with MIT and the design firm IDEO, a summer high school program in collaboration with Brown University,[7] sponsored internships, research projects including Rethink Music’s Fair Music Report,[8] online courses and other engagements meant to get students ready for careers.[9]

In June 2016, Panay co-founded the non-profit Open Music Initiative,[10][11][12] in collaboration with the MIT Media Lab, and individuals including inventor Dan Harple and IDEO partner Michael Hendrix.

Writing and speaking

Panay has written about startups and entrepreneurship for blogs and publications including Huffington Post,[13] Forbes, Entrepreneir,[14] WSJ Accelerators[15] and Fast Company.[16] He has spoken at a TEDx event.[17]

Awards and honors

Panay was awarded the Fast Company’s "Fast 50" honor,[18] Boston Business Journal’s "40 under 40"[19] and BosInno "50 on Fire" Award[20] for excellence in education.

Personal life

Panay resides with his wife and identical twin daughters[21] in Watertown, MA.

His first cousin, also named Panos Panay, is an executive at Microsoft.[22]

References

  1. ↑ "Faculty and Staff | Berklee College of Music". www.berklee.edu. Retrieved 2016-06-21.
  2. ↑ "Interview With Panos Panay, Founder and CEO Of Sonicbids". Songwriter Universe | Songwriting News, Articles & Song Contest. 2013-12-04. Retrieved 2016-06-21.
  3. ↑ "SonicBids acquired by Backstage - Boston Business Journal". Boston Business Journal. Retrieved 2016-06-21.
  4. ↑ Sisario, Ben. "Backstage to Acquire Sonicbids". Media Decoder Blog. Retrieved 2016-06-21.
  5. ↑ "Sonicbids acquired by Backstage". VentureFizz. 2013-02-02. Retrieved 2016-06-21.
  6. ↑ "Panos Panay - Founder & CEO @ Sonicbids | CrunchBase". www.crunchbase.com. Retrieved 2016-06-21.
  7. ↑ "BerkleeICE and the Brown Leadership Institute to Host High School Summer Program | Berklee College of Music". www.berklee.edu. Retrieved 2016-06-21.
  8. ↑ "Rethink Music puts focus back on music-industry transparency". Retrieved 2016-06-21.
  9. ↑ Rubenfire, Adam (2014-08-06). "Fine-Art Students Get Lessons in Business". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-06-21.
  10. ↑ "Music Royalties Initiative Unites YouTube, Spotify, Labels". Rolling Stone. 2016-06-13. Retrieved 2016-06-21.
  11. ↑ Granados, Nelson. "Academics, Music Labels, Streaming Services Unite To Fix Music's Digital Ecosystem". Forbes. Retrieved 2016-06-21.
  12. ↑ "YouTube, Spotify, Major Labels Join Initiative to Streamline Music Royalties | Pitchfork". pitchfork.com. Retrieved 2016-06-21.
  13. ↑ "Panos Panay". www.huffingtonpost.com. Retrieved 2016-06-21.
  14. ↑ Panay, Panos. "Panos Panay". Entrepreneur. Retrieved 2016-06-21.
  15. ↑ Huston, Caitlin. "Panos Panay: Offer the Best Work Environment". WSJ. Retrieved 2016-06-21.
  16. ↑ "Why Music Majors Make Some Of The Best Entrepreneurs". Fast Company. 2014-11-04. Retrieved 2016-06-21.
  17. ↑ TEDx Talks (2014-08-27), How my guitar taught me entrepreneurship | Panos Panay | TEDxBerkleeValencia, retrieved 2016-06-21
  18. ↑ "05_Panos Panay". Fast Company. 2005-03-01. Retrieved 2016-06-21.
  19. ↑ "BBJ announces 40 Under 40 honorees - Boston Business Journal". Boston Business Journal. Retrieved 2016-06-21.
  20. ↑ "Announcing This Year's 50 on Fire Winners [VIDEO]". BostInno. Retrieved 2016-06-21.
  21. ↑ "About Kimberly - Miximals & Co". Miximals & Co. Retrieved 2016-06-21.
  22. ↑ Reddit, "Ask me anything" with Panos Panay
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