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| October 30, 2009 | BACK
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Annual U.S.-China Trade Meeting Yields Progress
"We also welcome China's agreement that it will work closely with the United States to resolve U.S. concerns about a new Ministry of Culture circular relating to online music distribution that is creating serious problems for the U.S. music industry. This circular will, if implemented, place a stranglehold on emerging legitimate online businesses that are seeking to deliver content in innovative ways, and we hope that the circular will be revoked before it goes into effect.
"And of course we thank Secretary Locke and USTR Kirk for their hard work and pursuit of objectives that will expand opportunities for U.S. businesses and workers. And in this case, satisfaction of U.S. demands will simultaneously help the Chinese creative community as well. The U.S. and Chinese creative communities have broad shared interests, and we hope that the Chinese government will deliver the results contemplated by this announcement."
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The Recording Industry Association of America is the trade group that represents the U.S. recording industry. Its mission is to foster a business and legal climate that supports and promotes our members' creative and financial vitality. Its members are the record companies that comprise the most vibrant national music industry in the world. RIAA® members create, manufacture and/or distribute approximately 85% of all legitimate sound recordings produced and sold in the United States. In support of this mission, the RIAA works to protect intellectual property rights worldwide and the First Amendment rights of artists; conducts consumer, industry and technical research; and monitors and reviews 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
Cara Duckworth
Liz Kennedy
202/775-0101



