American Association Of Independent Music A2IM Celebrates It’s First Year

Headed by Don Rose, A2IM is celebrating it’s first anniversary and taking a look at it’s imitial accomplishments.  According to a statement issued by the trade group, in the past year A2IM has made its presence felt in the following ways:

• A2IM challenged and redefined the perception that the indie sector comprises 18% of the music industry. The actual market-share figure, based on retail sales, is a whopping 28% – larger than any one of the major record companies individually.
• Six weeks after A2IM launched, Apple increased iTunes per-download-pay rate by 7.5% – going from 65 cents to 70 cents paid to indie labels per song.
• Called for fair and uniform change in the relationships between radio and record labels, and is currently consulting with the FCC on a proposed set of universal guidelines.
• Established the A2IM American Independent Pavilion at MIDEM 2006, allowing many indie labels to attend the premiere international music convention for the first time ever.

Sources: A2IM, Top40Charts.com