A2IM Marks 'Independents Day'
The American Association of Independent Music, also known as A2IM, celebrated its second anniversary on Tuesday. The trade group, which represents independent record labels, has made some major strides since its inception.
A2IM established that independent labels collectively account for over 30 percent of the music industry’s Soundscan share. The group has been working to ensure that the sector is treated fairly with that market share in mind, officials said in a press release.
Over the past 36 months, the association has called for fair and uniform change between radio and music labels and consulted with the FCC on a proposed set of universal “rules of engagement” that were formally adopted in early 2007 with major radio companies.
“The music industry finds itself at a crossroads,” A2IM President Rich Bengloff said. “With physical sales diminishing while digital music sales grow both online and in the mobile marketplace, A2IM has become a strong voice for independent labels.”
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