Montgomery To Exit Echo
It remains unofficial, but Music Row has learned that Echo Music Co-founder/CEO Mark Montgomery will soon exit the company to pursue new opportunities. Montgomery was involved in product development, plus a contributor to strategic direction. When Echo was purchased by Ticketmaster in March 2007, Sean Moriarty, Ticketmaster President/CEO said, “What echo has built is unique. It is the best platform out there by a long shot for allowing rich interactions between fans and their favorite artists, athletes, teams, and more.”
“Our approach has always been to create a bond between the artist and the fan directly with few boundaries in between,” Montgomery told Music Row in an interview reflecting on the Ticketmaster alliance. “We were into this space very early, and persistence has been a key to our survival. We never gave up talking about what we thought was important.”
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I hope Ticketmaster remembers that a company needs heart as well as a strong P&L, especially an enterprise driven by fans. Mark’s spirit will be missed.