Luminate has been the music industry’s data authority for over three decades. As the company readies the launch of a more sophisticated platform, its leaders discuss the past, present and future of the operation — and how they’ve kept pace with the evolving business.Starting with the launch of SoundScan in 1991, Luminate “has continued to reflect changing consumption habits” — from the CD boom to the streaming age — says, the company’s executive vp of commercial.
But with more recent developments necessitating the ability “to pull deeper insights at a quicker pace,” Retureau adds, Music Connect began showing its age — calling for a new and improved platform to encompass the myriad ways music is consumed today.Announced at the Music Biz conference in May, Luminate’s eponymous new platform, which is currently in beta, was built to reflect the rapidly evolving modern music industry.