Name: Michael Nathanson
Title: senior analyst Bernstein Research
Panel: Who's Next? The M&A Panel (Thurs. March 4, 1:45 p.m. - 2:30 p.m.). More info at Billboardevents.com.

At this moment in time, what most worries you about the music
business?

The potential slowdown in Apple download sales. At some point Apple download sales will slow to a crawl which, when combined with physical declines, will again hurt the industry.

What most encourages you?
The current crop of artists is so strong that it might keep demand high for a while.

What's the last album you bought?
"Big Whiskey and the GrooGrux King" by the Dave Matthews Band.

What's the most important lesson you've learned while navigating your
way through the recession?

Diversify your investments!

Fill in the blank: Money is the ______________.
Current problem with the U.S. political system.

What sectors of the music business are most likely to see further
consolidation?

All.

Is bank financing becoming easier to come by for M&A deals?
Not yet. The bond market is open but the bank lending market for leveraged buyouts is still thawing out.

For more info on this year's Music & Money Symposium, presented in association with Loeb & Loeb, visit Billboardevents.com. For more Better Know A Panelist Q&As click here.