Spotify, Eleketra Execs Make Fortune’s “40 Under 40” List
Music Executives representing Spotify and Elektra Records make a strong showing on Fortune’s new “40 Under 40” list. That’s a change from last year’s list, which was short on music executives – there was just one – and long on technology stars who have helped change how musicians connect with their fans.
Ryan Seacrest is the top-ranked media executive at #13. In addition to hosting “American Idol,” he runs Ryan Seacrest Productions, which is responsible for such shows as “Keeping Up With the Kardashians” and “Jamie Oliver’s Food Revolution.” Spotify CEO Daniel Ek comes in at #18. He did not make the list last year, even though the service launched in Europe in 2009. (It debuted in the U.S. in July).
Tied at #32 are Mike Caren and John Janick, the co-presidents of the revived Elektra Records. Vevo CEO Rio Caraeff appears at #28, a few notches higher than his #31 finish last year.
Facebook founder and CEO Mark Zuckerberg was #1 this year, up from #2 last year. Google co-founders Larry Page and Sergey Brin ranked #2 and #11, respectively. (Another Google executive, Marissa Mayer, ranked #20.) Groupon, which has a ticket-selling joint venture with Live Nation, was represented by CEO Andrew Mason at #27. Foursquare co-founder Dennis Crowley made it to #28 without much of a revenue model and despite heavy competition from Facebook and Google. He ranked #29 last year.
Last year’s list was topped by Marc Andreessen, the co-founder of Netscape and one of the inventors of the first graphical web browser. The lone music executive to make last year’s list was Vevo president Caraeff.