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Business News Labels & Publishers
Worldwide Independent Network publishes annual report
By Chris Cooke | Published on Tuesday 22 August 2023
The Worldwide Independent Network – which brings together organisations representing the independent music sector in countries across the globe – has published its annual report, mainly outlining the various initiatives its member organisations and the labels they work for have been involved in over the last year.
That includes awards, networking, training and other events, as well as initiatives focused on things like AI, streaming, touring, data, sustainability and diversity.
It also gathers together some stats, with an accompanying blurb stating that “the independent sector accounts for at least 40% global market share and is responsible for 80% of the world’s new releases, with at least $4.1 billion having been invested in discovering and nurturing global independent talent”.
Commenting on the report, WIN’s Chair – Zena White from Partisan Records – says: “WIN’s purpose is to develop a thriving ecosystem for independent music businesses worldwide, which ultimately leads to more economic options for artists, in turn allowing for more diversity and progress for music as an artform”.
“We do this by nurturing new and existing trade associations the world over”, she goes on, “communicating on key issues that affect the industry, and providing a place for members to build business connections. It is a great honour to represent the independent music community on such a global level and I am inspired to support the team to move the agenda forward”.
WIN CEO Noemí Planas adds: “WIN acts as a powerful catalyst, uniting like-minded individuals, companies and associations around the world under a shared vision, addressing industry challenges to create a diverse and vibrant music ecosystem with equal access and opportunities for all independents”.
“As we enter yet another chapter of technological change”, she continues, “we embrace a future where solidarity and cooperation pave the way for outstanding achievements and shape a world where we can all thrive”.
You can access the report here.
