Music Industry Association

Main article: Music industry

History

2022: Establishment of the Association

The Association of the Music Industry was established in Russia. The Association itself announced this on April 20, 2022.

It was founded by the First Music Label, the Velvet Music production center and the gazgolder creative association.

Russian the music market, which, due to revenues streaming from, managed to adapt to realities pandemics and, according to forecasts, by PwC 2024 could well reach a volume of 1 billion, dollars was on the verge of a new crisis.

The Music Industry Association was born as a response to the spontaneous desire of the professional community to consolidate amid the deteriorating economic situation in, industries especially due to the departure from countries major labels and a sharp decrease in the number of promoted channels. distributions content

The main goals of the organization were to develop a common strategy for the creative industry to overcome crisis situations, comprehensive legal and consulting support for colleagues, search for ways of mutually beneficial partnership with leading national companies from other market segments for the development of Russian music streaming.

To be heard nationally and internationally, it is important to have a single "voice," strong and confident. Our industry is formed, we are ready to become a reliable partner of the state, to defend the interests of the Russian musical community as effectively as possible, - said Maria Oparina, general director of the First Musical label.

The association can simplify the communication of all players in the music market, contribute to the rapid adoption of the necessary legal and technological decisions on current issues. The industry is large, it is important to hear everyone who has proposals to work better and more effectively, - said Nikolai Duksin, General Director of the gazgolder creative association.

It is necessary to consolidate the key actors of our sphere. Accumulating strength, we will be able to keep the market, rebuild the industry to the current realities and find opportunities for development, "added Alena Mikhailova.

The founders elected Valery Drobysh, CEO of StartUp Music label and Fox Rock Fest, as the general director of the Association for a period of five years. Dmitry Konnov, managing partner of ZVONKO GROUP and executive director of ZVONKO digital, has been appointed executive director.

Individual entrepreneurs and legal entities engaged in the production, promotion and distribution of music content can become members of AMI. The supreme governing body ― the general meeting of the members of the Association, which will be held annually.