BRUSSELS, Belgium (CelebrityAccess MediaWire) — Indie label trade association IMPALA, has formulated an proposal that they believe will help foster innovation and more importantly, growth for the recorded music industry in Europe.
Dubbed the "Action plan," the scheme calls for a three-pronged approach that includes tax incentives, public sector investments and other financial assistance.
The second "prong" consists of extending the protection offered by copyright laws, bringing ISPs on board to "resolve" p2p issues and the creation of fair private copying rights.
The third prong is focused on enhancing market access for small to mid-sized enterprises and promote rules that counter concentration and allow these SMEs to compete on their own merits. The package would also create a dedicated space that would be available in all distribution channels – radio, broadcast, digital and retail for indies to promote their material.
Michel Lambot, Co-President of PIAS Entertainment Group and Co-President of IMPALA said: "This package of measures is about investment in risk – the risk that leads Europeâ€™s creativity, innovation, growth and jobs. For years the independents have suffered from lack of investment. It is time to address this and end the discrimination between film and music â€“ at national as well as EC level. We need to support creativity from the bottom up." – CelebrityAccess Staff Writers