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
Independent labels have a combined marketshare of around 20% in the
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.”
Site Powered by |