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FOR IMMEDIATE RELEASE
March 10, 2010
On IFPI's "Investing In Music" Report - Statement From A2IM President Rich Bengloff
A2IM President Rich Bengloff issued the following statement today:
A2IM applauds the IFPI's "Investing in music" report for noting that "investing in music is the core mission of record companies and that no other party can lay claim a comparable role in the music sector"....and that "No other party comes close to the levels of investment committed by record companies to developing, nurturing and promoting talent. One of the biggest myths about the music industry in the digital age is that artists no longer need record labels. It is simply wrong. The investment, partnership and support that help build artist careers have never been more important than they are today"
A2IM has been advocating the benefits of the artist-music label relationship for the past year. See below for links to two recent op-ed's from our board member Bruce Iglauer of Alligator and myself and at SXSW next week I will be moderating a panel on Friday March 19th at 11AM - DIY Or Sign With A Label with A2IM members from Century Media, Fontana, New West and Warp on the importance of music labels and also the value of DIY efforts in today's marketplace. We look forward to seeing you.
Bruce Iglauer Op-Ed - Billboard:
http://a2im.org/2009/07/04/editorial-labels-are-here-to-stay/Rich Bengloff Op-Ed - Billboard:
http://a2im.org/2010/02/04/a2im-president-rich-bengloffs-billboard-op-ed-on-the-independent-music-label-roadmap/
SxSW DIY Or Sign With A Label Event:
http://my.sxsw.com/events/eid/6555
