(From Billboard Magazine, October 7, 2013) The National Association of Recording Merchandisers (NARM), an organization founded in 1958, has announced it will now be known as the Music Business Association. NARM was the trade organization representing music retailers, distributors, and others involved in the sale of music and related merchandise. Not only has the organization been renamed, but it is restructuring entirely to operate more effectively within the music business today. NARM’s old web address, digitalmusic.org, already redirects to the Music Business Association’s new website, musicbiz.org.
“The music industry has changed dramatically over the past decade,” states Music Business Association President Jim Donio at the Music Biz Conference in May. “More segments of the business than ever before now play an active role in the commerce side of the business, so the name ‘National Association of Recording Merchandisers’ no longer reflected everyone who can participate in the organization… for the first time in the organization’s history, the ‘M’ stands for music.” The Music Business Association has developed six “sectors” for the organization to restructure itself around: 1. Digital; 2. Physical; 3. Knowledge; 4. Information Technology; 5. Artist, Management, and Touring; and 6. Legal and Business Affairs. Along with the addition of the sectors, six new board members have been appointed, but only the first four sector’s board members have been made public (the remaining two will be announced next year). The new board members are Brad Navin (The Orchard), Darren Stupak (Sony Music Entertainment), Matt Signore (Warner Music Group), Jim Urie (Universal Music Group). In addition to the new board members, each of the Music Business Association’s new sectors is represented by a pair of co-chairs as well.
Music Business Association Chairman of the Board and CEO of J&R Music & Computer World Rachelle Friedman says,“NARM was founded in 1958, the same year as the introduction of the first stereo LP. The Beatles had not even formed yet. Our organization has grown with the music business, and it’s time that our identity reflects that.”