One of our goals at the RIAA is to provide timely and accurate information on the issues affecting the music labels and the creative artists we represent that are of interest to the public and the media.
WASHINGTON – Today the Office of the U.S. Trade Representative announced that the negotiating parties of the Trans-Pacific Partnership (TPP) have reached an agreement on the important deal which governs trade between the U.S. and 11 other Pacific Rim nations. Below is a comment from RIAA Chairman & CEO Cary Sherman.
“We congratulate Ambassador Froman and the other TPP negotiators for reaching an agreement designed, at least in part, to create the legal and enforcement infrastructure to facilitate digital trade. Music is increasingly a global phenomenon and the modern music business derives the vast majority of its revenues from an extensive array of digital platforms. It is critical to the well-being of America’s creative communities and to American competitiveness to eliminate barriers to growth in the digital economy. We look forward to reviewing the text of the agreement.”
The Recording Industry Association of America (RIAA) is the trade organization that supports and promotes the creative and financial vitality of the major music companies. Its members comprise the most vibrant record industry in the world. RIAA® members create, manufacture and/or distribute approximately 85% of all legitimate recorded music produced and sold in the United States.
In support of this mission, the RIAA works to protect the intellectual property and First Amendment rights of artists and music labels; conduct consumer, industry and technical research; and monitor and review state and federal laws, regulations and policies. The RIAA® also certifies Gold®, Platinum®, Multi-Platinum™ and Diamond sales awards as well as Los Premios De Oro y Platino™, an award celebrating Latin music sales.
Contact: Jonathan Lamy Follow @LamyJ Cara Duckworth Follow @TweetCDuck Liz Kennedy Follow @LizSKennedy 202/775-0101