{"id":100322,"date":"2022-09-06T17:15:27","date_gmt":"2022-09-06T16:15:27","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=people&#038;p=100322"},"modified":"2023-08-22T19:18:17","modified_gmt":"2023-08-22T18:18:17","slug":"scott-cohen","status":"publish","type":"people","link":"https:\/\/www.musicbusinessworldwide.com\/people\/scott-cohen\/","title":{"rendered":"Scott Cohen"},"content":{"rendered":"<p>Scott Cohen is the CEO of music royalty investment platform, JKBX.<\/p>\n<p><a href=\"https:\/\/www.jkbx.com\/\" target=\"_blank\" rel=\"noopener\">JKBX<\/a> claims that its platform will <a href=\"https:\/\/www.musicbusinessworldwide.com\/scott-cohen-led-startup-jkbx-partners-with-electronic-market-maker-gts-to-take-music-rights-investing-to-the-masses\/\" target=\"_blank\" rel=\"noopener\">\u201ctransform the music industry\u201d<\/a> by enabling investors to acquire shares in music royalties of hit songs and popular artists on its platform.<\/p>\n<p>Cohen became JKBX&#8217;s CEO in late 2022, after leaving his former role as Chief Innovation Officer at the New York-headquartered Warner Music Group.<\/p>\n<p>Cohen was one of the founders of Cyborg Nest which creates human sensory enhancement devices.<\/p>\n<hr \/>\n<h6>Scott Cohen: Career History<\/h6>\n<p>Scott Cohen began his career in the late \u201880s in the artist management business.<\/p>\n<p>Wanting to expand beyond managerial duties, Cohen teamed up with Richard Gottehrer in 1997 to found The Orchard, a music distribution company. The pair launched The Orchard in New York, focusing on distributing independent music to the mainstream public.<\/p>\n<p>In 2003, The Orchard expanded into the European market alongside the release of iTunes. Cohen\u2019s distribution company shortly became the largest distributor of independent music on Apple\u2019s platform.<\/p>\n<p>By 2008, The Orchard extended their focus into content management, marketing, licensing, and analytics tracking programs. Cohen also led the company\u2019s re-entry into the physical distribution business, allowing their ever-expanding artist roster to benefit from the added reach of record stores.<\/p>\n<p>In 2015, The Orchard <a href=\"https:\/\/www.musicbusinessworldwide.com\/sony-fully-acquires-the-orchard-in-200m-deal\/\" target=\"_blank\" rel=\"noopener\">sold all of its remaining shares<\/a> to Sony Music Entertainment for over $200 million, making The Orchard a wholly-owned subsidiary of the company.<\/p>\n<p>The Orchard continues to conduct business autonomously within Sony Music.<\/p>\n<p>The company now offers added services including master rights management, sync licensing, video services, and advertising.<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">In February 2019, it was announced that <\/span><a href=\"https:\/\/www.musicbusinessworldwide.com\/official-warner-hires-scott-cohen-co-founder-of-the-orchard-as-chief-innovation-officer-recorded-music\/\"><span style=\"font-weight: 400;\">Cohen would be joining Warner Music group as Chief Innovation Officer, Recorded Music<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this role, Cohen was responsible for developing the long-term course of WMG\u2019s coupling of music and new technologies.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scott Cohen is the CEO of music royalty investment platform, JKBX. JKBX claims that its platform will \u201ctransform the music industry\u201d by enabling investors to acquire shares in music royalties of hit songs and popular artists on its platform. Cohen became JKBX&#8217;s CEO in late 2022, after leaving his former role as Chief Innovation Officer &hellip; <a href=\"https:\/\/www.musicbusinessworldwide.com\/people\/scott-cohen\/\">Continued<\/a><\/p>\n","protected":false},"featured_media":59394,"template":"","class_list":["post-100322","people","type-people","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people\/100322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/people"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/people\/100322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/59394"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=100322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}