Here are some of the key industry news stories that we’ve brought you this week, in case you missed them…
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Here’s this week’s key stories:
As many members will have seen from the national press last week, and from MIAnews on Monday 29th June (see here), the Competition and Markets Authority posted news on its website last Monday that it has levied fines on 2 suppliers for unlawful resale price maintenance, after having previously fined 2 other suppliers for £3.7m and £4.5m for the same unlawful conduct. Total fines for the musical instrument sector as a result of the CMA’s recent investigation into it, currently stand at £13.7m. Here’s some advice from the MIA’s trusted lawyers.
The MIA’s Business Support Helpline partner, Croner, are offering free webinars for MIA members that are hosted by some of the most knowledgeable professionals in their respective fields. The themes for July’s Webinars include navigating flexible furlough, employee wellbeing and ensuring equality at work. These useful webinars will cover everything from HR and health & safety basics, right through to specialised training sessions including relevant legislation and key case law. Find out more at the link above.
Last week, the MIA presented a live, question time style event with a panel of relevant experts. This virtual event was a forum for discussion about the experiences had so far by retailers, and experts answered the key questions that have come up during the first few weeks of trading. You can now watch this back at the link above.
Our good friend Brian Majeski, Editor of the US Music Trades magazine, has written an insightful article about how disruption can be a source of new opportunity for the MI industry – a great read!
Last Thursday, stars from the UK’s live music sector issued an urgent plea for support from the UK Government during what would have been the UK’s world-famous festival season. On Sunday evening, the Government announced the brilliant news that Britain’s globally renowned arts, culture and heritage industries will receive a world-leading £1.57 billion rescue package to help weather the impact of coronavirus. To celebrate the the biggest ever one-off investment in UK culture, we’d like to bring you some of our highlights from the #LetTheMusicPlay series on Social Media last week. Click on the link above to see more!