Domestic labels joined the National Federation of the Music Industry
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Music labels “Black Star”, “Lotus Music”, “Media Land”, “SP Digital” became members of the National Federation of the Music Industry (NFMI). This decision was made by the general meeting of members of the Association of Music Companies. According to the press service of the NFMI, the main objective of such partnerships is to unite the efforts of the market to stimulate the development of the music industry.
According to Black Star CEO Pavel Kuryanov, the association is necessary to establish dialogue and cooperation between representatives of the music industry, the state, as well as colleagues from other creative and Internet industries. NFMI General Director Nikita Danilov noted that the joining of companies to the association, in addition to general development and support, will protect the interests of copyright holders in connection with the development of modern technologies, including artificial intelligence technologies.
NFMI is a Russian non-profit organization created in 2011 by major music labels and publishing houses to support and strengthen the Russian music market. The total catalog of phonograms and musical works of NFMI member companies accounts for more than 50% of all music published and released in Russia. Previously, the association united Sony Music, Universal Music, Warner Music, EMI, Gala Records, Navigator Records.
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