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BMA Releases Second ‘Industry Report Card’ – Variety

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today, Black Music Action Coalition (BMAC) launched the second edition Its Music Industry Action Report Card (MIARC) looks at dozens of organizations across multiple categories—labels, publishers, streaming services, live entertainment and touring, recording academies, and more—as well as market leaders (and/or with Black/Urban Music, Creators and Listeners) has taken action to uplift Black employees and donate to racial justice initiatives.

“Racism is a 400+ year old disease that will not be cured in 24 months. Yet through the reach, power and impact of music, our industry can set new standards for inclusion, diversity and equity. . “Our goal is for MIARC to inform major changes in the music industry to increase equity and inclusion in all areas.”

Transcripts evaluate recording academies and music groups using AF’s letter grading system into four categories: Corporate Commitment, Partnerships and Donations; Corporate Executive Representation; Corporate Internal Culture and Business Practices; Corporate Transparency and Public Accountability . The rest of the industry is assessed on the EU (Excellent to Improve) scale based on the sum of all four categories.

The results of the second report card — which looks at the U.S. from June 2021 to 2022, show signs of improvement in music groups — have several Bs and As. The only exception is Universal Music Group’s pair of C’s, which the report notes may reflect UMG’s first year as a public company in 2022. They also note Capitol Music Group’s “cultural blunder” in signing and dropping AI bill FN Meca, The coalition describes it as a “digital synthesis of nearly every black rap stereotype created by non-Black teams and companies, packaged in racially ambiguous personas.”

All of the listed streaming services received a “satisfactory” rating, with Amazon Music receiving an “excellent” rating, “because of its popularity among senior employees and its partnerships, especially compared to Amazon.com Inc. ’” Still, much of the industry — most commonly agencies and live entertainment companies — “needs improvement.”

“During the evaluation period for this report, each of the three major music groups released some
Versions of long-term plans and commitments across the business, people, and domains
culture, as do some digital/streaming service providers (or their parent companies),
Most companies are continuing the work they started in 2020,” he wrote in the introduction to the report. “However, there are still some business units that need to be reviewed (royalties and publishing) Representatives in the ranks (live entertainment). “

The report also called for greater transparency in recording and publishing contracts, and highlighted the need for more diversity in broadcasting. BMAC, on the other hand, credits organizations like Diverse Color United Stages and Roads for addressing the lack of Black professionals in live touring.

For more information and to view transcripts, see here.

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