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The American Association of Independent Music (A2IM) applauds the  introduction of the MUSIC (Making U.S. Independents Competitive) Act to  Congress today. The Music Act will provide an annual funding program to  support independent music exports that would be administered by the U.S.  Commerce Department with the support and assistance of A2IM and The  Recording Academy. A2IM would like to thank New York Rep. Jerry Nadler  for introducing the bill and our colleagues at The Recording Academy for  their joint support of the program.

Over the past decade,  America's share of the world music market has fallen from 34 to 26  percent and this type of support is crucial to reclaim America's  competitive stake, in particular for independent labels and artists who  unlike the major labels don’t have extensive foreign offices or  equivalent resources to promote their music outside of the U.S. “This  program will support the export efforts of small to medium-sized  businesses and their artists,” said Rich Bengloff, President of the  American Association of Independent Music. “The MUSIC Act will not only  strengthen exports for independent labels but will also have a positive  effect across the entire U.S. economy by improving our balance of trade.  We are thankful for Rep. Nadler's continued efforts to support  independent music labels, their artists, and the entire creative  community."

“This bill would provide much needed support for our  members’ efforts to promote their music overseas,” said Daryl P.  Friedman, Chief Advocacy & Industry Relations Officer for The  Recording Academy. “We are grateful to Rep. Nadler, and we are happy to  continue our partnership with A2IM to help increase opportunities for  independent artists, as many of The Recording Academy’s members are  artists on independent labels or artists running indie labels of their  own.”

As Congressman Nadler introduces the bill today he is  building on the first steps taken by the music industry during the past  year. In September, delegates from 16 A2IM label members and The  Recording Academy visited Asia and met with buyers and potential export  partners in Honk Kong, Seoul and Shanghai, on a trade mission joint  funded by the U.S. Small Business Administration and by New York State  Empire Development and the State of Tennessee Economic & Community  Development Program via Federal State Trade and Export Promotion  (“STEP”) Program Funding. In January, the first trip under the Rep.  Nadler sponsored funding from the U.S. Commerce International Trade  Administration (ITA) Market Development Cooperator Program (MDCP) will  bring Independents to the Midem music business conference held in  Cannes, France.

About A2IM

A2IM  is a not-for-profit trade organization serving the Independent music  community as a unified voice representing a sector that comprises over  30% of the music industry's market share in the United States (and  almost 40% of SoundScan digital sales). The organization represents the  Independents' interests in the marketplace, in the media, on Capitol  Hill, and as part of the global music community. A2IM is headquartered  in New York City.

The organization's board of directors is  composed of the following: Daptone Records General Manager Cathy Bauer;  Sub Pop VP of Business Affairs Eric Brown; Epitaph General Manager Dave  Hansen; Yep Roc Records Co-Owner Tor Hansen; Alligator Records  Founder/CEO Bruce Iglauer; The Beggars Group Founder/CEO Martin Mills;  Glassnote Records General Manager Chris Scully; Naxos of America CEO Jim  Selby; Tommy Boy CEO/Founder Tom Silverman; Dead  Oceans/Jagjaguwar/Secretly Canadian Founder/Co-Owner Darius Van Arman;  Razor & Tie COO Victor Zaraya.
For more information, or to become a member, please visit http://www.a2im.org

About The Recording Academy
Established  in 1957, The Recording Academy is an organization of musicians,  songwriters, producers, engineers and recording professionals that is  dedicated to improving the cultural condition and quality of life for  music and its makers. Internationally known for the GRAMMY Awards — the  preeminent peer-recognized award for musical excellence and the most  credible brand in music — The Recording Academy is responsible for  groundbreaking professional development, cultural enrichment, advocacy,  education and human services programs. The Academy continues to focus on  its mission of recognizing musical excellence, advocating for the  well-being of music makers and ensuring music remains an indelible part  of our culture. For more information about The Academy, please visit www.grammy.com.  For breaking news and exclusive content, follow @TheGRAMMYs on Twitter,  like "The GRAMMYs" on Facebook, and join The GRAMMYs' social  communities on Foursquare, GetGlue, Instagram, Pinterest, Tumblr, and  YouTube.
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