![]() |
| British talent tap into the Chinese music markets |
|
UK Trade and Investment in partnership with the Association of Independent Music (AIM) are supporting 17 British music companies, enabling businesses from all areas of the industry - for instance, music managers, songwriters, music publishers, and record labels - to succeed in one of the fastest growing music markets - China.
The companies will take part in 'AIM for China' - a trade mission to Shanghai and Beijing from the 25th Oct - 3rd Nov. The programme provides (in both Beijing & Shanghai) opportunities for UK delegates to:
Specific objectives include scoping the viability and making key contacts to help develop
The companies presenting to the delegation include: Beijing Sohu.com Rock for China - Entertainment Promoter Soundbuzz R2G - Aggregator/Telco China Pump Factory - Club/Promoter Modern Sky Shanghai Fairwood Music (South East Asia) - Publisher Channel [V] - TV Station Saatchi & Saatchi - Advertising Agency Shanghai Arts Corporation - Promoter The initiative was put together by the Association of Independent Music (AIM) and UK Trade & Investment working closely with SWAT Enterprises (one of the leading music marketing consultancy in Asia). SWAT operates the new music office facility in Beijing, opened in April 2005. The British music industry already employs 130,000 people. Britain's creative economy is now worth over ?11 billion to UK plc supporting 2 million jobs. It produces a higher proportion of the UK's total wealth - 8% of GDP - than anywhere else in the world. The ?11.4 billion it contributes to the UK balance of trade is well ahead of the construction industry, insurance and pensions, and twice that of the pharmaceutical sector. AIM is the non-profit trade body established in 1998 by UK independent record labels to represent the independent record sector, 1/5 of the UK market with 2004 sales worth nearly ?1/2 billion from mainstream retail alone. AIM has 900 members, from the smallest start-ups to the largest and most respected independents in the world. AIM promotes this exciting and diverse sector globally, leveraging the sector's power as a fifth major to enable its members to grow, grasp new opportunities and break into new markets. AIM has agreed collective licensing deals with Sony Connect, Yahoo, Musicnet, eMusic, Karma Download, Tunetribe and others through its new media arm AIM Digital, and remains the only organisation to have inked deals with both old and new versions of Napster. AIM oversees an independent sector whose artists have claimed the Mercury Music Prize for three years running and earned two thirds of nominations in 2005. This cutting edge sector also scooped the third highest number of 2005 Brit nominations and came behind only Universal in terms of wins, with indie signed Franz Ferdinand grabbing the Brit for "Best British Group" closely followed by the Ivor Novello Award for Best Contemporary Song. UK Trade & Investment is the lead government organisation that provides support for UK companies looking to develop international business. It also provides support for UK overseas companies wishing to invest in the UK. UK Trade & Investment has a wide range of services, backed-up by a network of trade advisors worldwide who can provide market intelligence, advice on regulations, sales leads, and financial and practical support. SWAT Enterprises is the leading music consultancy specialising in licensing and marketing services in China and throughout the Asia Pacific region.
|






