Here’s a round-up of some of the key industry news stories that we’ve brought you this week, in case you missed them…
We hope that you are finding our newsletter of use. Remember; anyone in the industry can subscribe to this newsletter, if you have teams working from home that would like to keep up to date with industry news, they can subscribe here
Here are this week’s key stories:
As space, container equipment and port congestion continue to make importing from Asia very challenging, ocean freight carriers have been responding to the significant rise in rates in a risk-averse manner by reducing credit terms. The situation has now developed to the point that payments are expected upfront. As many of you will know, businesses are fighting for space and equipment. Demand is extremely high and outweighs the containers that are available. Click on the link above to find out more.
You may have heard the acronyms OSS or IOSS over the last few weeks without really knowing much else about them? MIA Executive Director Anthony Short try’s to make sense of the potential benefit to MI Retailers in the UK. Click on the link above to find out more.
We at the MIA know that it’s not always easy to create a clear social media strategy to attract new customers. Businesses can sometimes feel they’re following the same old tips and tricks to boost social media engagement, but struggle to tailor their efforts specifically to their business. Click on the link above to find out more.
The National Lottery has partnered with leading UK charity Music Venue Trust in a unique initiative to help revive the UK’s grassroots live music sector. In an unprecedented collaboration, The National Lottery – one of the biggest funders of culture in the UK – will contribute £1M to directly underwrite the touring and production costs of over 300 live performances this summer, enabling the grassroots live music industry to start promoting shows again in the knowledge that the upfront costs associated with touring are covered. Click on the link above to find out more.
Leading sheet music publisher, MI distributor, and MIA Member, Hal Leonard Europe is proud to announce that it has become, from 1st July 2021, the UK distributor for well-known US pro audio brand, Warm Audio. The addition of Warm Audio to its distribution ensures Hal Leonard Europe continues its mission to supply the best products and solutions to enable lifelong music making for everyone. Click on the link above to find out more.