AIM

Warner plans bid to acquire Believe: Comment from AIM's Silvia Montello

AIM, the UK non-profit trade body for Independent artists expresses concern following news that Warner plans to buy Believe

London, UK, 7th March 2024 AIM CEO Silvia Montello comments: “The potential acquisition of Believe by Warner Music is gravely concerning. This would play into an aggressive and worrying trend of major label groups buying up independent labels and distributors, further consolidating the global recordings market and damaging the health of the independent sector. It is vital that we maintain a wide choice of distribution partners for those artists and labels who wish to remain independent, while ensuring that the growing independent sector retains access to avenues for financing and remains an attractive option for investment.”

AIM

AIM is the not-for-profit trade body exclusively representing the UK’s independent music sector. Our members range from the largest, most respected record labels and associated music businesses in the world to self-releasing artists and the next generation of entrepreneurs in music.