Quantcast

INDIES EYEING NEW TRADE GROUP

American Music Independents Would Include 150+ Labels
There's soon going to be a new way for indies' exposure.

Plans are being made by executives from more than 150 independent labels to form a new trade group, called American Music Independents. Meetings are scheduled for April in both New York and Los Angeles, to nail down the details. The basis framework has already been worked out, according to press reports. British trade groups the Association of Independent Music (AIM) and Impala have been advising the new trade group.

Independent labels have a combined marketshare of around 20% in the U.S., commanding $2.5 billion in sales, according to the Financial Times. The paper notes that indies have a 30% marketshare of online music.

AIM chairman/Impapla VP Alison Wenham said: "We have met with record companies, and we are actively encouraging and facilitating the collective will that is required to create a trade body to represent the independents of America. And if I could be any more elusive, I'd run for office."

The American Music Independents would be a complementary to the RIAA, but could be more aggressive in negotiating broadcasting rights and fighting for indies against the Big Five. Impala, for instance, has vocally opposed the Sony-BMG merger.

An anonymous person close to the talks and quoted by FT said: “It's about ensuring the market access for small and medium-sized labels; they have a different business model to the multinationals.”

SPENCER-SMITH LANDS WITH AG MANAGEMENT, WCM (UPDATE)
New manager, pub deal (6/28a)
BIZ RESPONDS TO ROE V. WADE DECISION (UPDATE)
Artists and companies unite. (6/27a)
PERFORMERS SPEAK OUT AT GLASTO
Singers voice their dismay over the Supreme Court's latest decision. (6/28a)
BST HYDE PARK: BIGGER THAN EVER
England swings. (6/28a)
BIG RED'S BIG POP RUN (UPDATE)
Nine in the Top 40 (6/27a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)