The RIAA
(Recording Industry Association of America) 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 association is also responsible for
certifying Gold, Platinum, Multi-Platinum and Diamond sales awards. Its members
consist of record labels and distributors as explained here. Since I want to start up my own
artist management/music production company, the RIAA will play a major part as
it has the 4 major music labels, EMI, Sony Music Entertainment, Warner Music
Group, and Universal Music Group, as members of its association. I ultimately
will want my artists to be signed to one of those labels or a subsidiary of one
of those labels. Although it is kind of disheartening that there is only 4
major labels that controls the music industry, I still want to pursue my dream.
I know that I will have to come up with something new and fresh to compete with
what is already out there. Listening to the radio today, I know that the kind
of artists I would like to manage is not anything like what you hear on the
radio. I want to break away from the repetitive sound of today’s music and put
a spin on the music that I love, which is R&B/Soul! The RIAA will also keep
me up-to-date on the economic status of the music industry and also the threats
to the industry. I can access charts as to the genre of music that sells the
most from year to year and also the demographics that are relevant to staying
relevant in this industry. It also helps in regulating the piracy threat that
has plagued the industry for many years now and how piracy is the major staple
that has caused the major decline in the music industry over the years. So,
with me trying to break into this industry I have to take in all of that and
come up with a way to not let that factor affect my business in every way that I
can! I am up for the challenge because music is my first love and passion and I
will do what it takes to make this work and with the RIAA providing much needed
information at my disposable I know I can do this!

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