The revolutionary, patent-pending, GoGoods® Cloud Collectible Music™ platform provides the first music format with Full Personal Use Rights since the CD. A2IM Members gain an added financial benefit with the affiliate relationship.
New York, NY (September 3, 2024) – A2IM (The American Association of Independent Music, Inc.) is thrilled to announce a partnership with newly launched GoGoods®, offering A2IM members an 80% revenue share on sales of GoGoods® Cloud Collectible™ (GCC™) albums and EPs.
“GoGoods® Cloud Collectible™ is a groundbreaking innovation that aligns perfectly with our mission to empower independent artists and labels. By providing a higher revenue share and ensuring artists are compensated on every transfer of ownership, GoGoods is not just offering a new digital format; they are redefining the economics of music ownership. This partnership represents a significant step forward in creating a more sustainable and fair future for the independent music community,” Dr. Richard James Burgess MBE, President and CEO ofA2IM.
In the age of digital consumption and collection, A2IM continues to work with independent rights holders to find new ways to engage fans and create new sources of revenue. GoGoods® Cloud Collectible™ platform provides the first new music format with Full Personal Use Rights since the CD, allowing fans for the first time to truly own their digital music. They can buy, play, collect, resell, gift, or even will their music with GoGoods® GCC™. GoGoods® ensures that ownership is secure, transparent, and rewarding for all rights holders. For the buyer, every release is a limited edition, each individually numbered, with their own GoodDeed™ (a deed of their good) online, and a printable PDF suitable for framing. Buyers have the freedom to resell, gift, or even will, at any time, and rights holders will be paid on every transfer of ownership.
GoGoods provides a tangible product for superfans to possess. In July 2023, Goldman Sachs projected the addressable market opportunity for superfan monetization at $4.2 billion, and in 2024, they upped that estimate to $4.5 billion. This partnership will provide an avenue for these superfans to support their favorite artists in an innovative and engaging way.
“We couldn’t be more thrilled to partner with an organization of the caliber of A2IM. Their commitment to growth, awareness and opportunities of independent music, and the entire community — especially under the leadership of Dr. Burgess for the past decade — has been nothing less than stellar” said Bill Denk, CEO and Founder of GoGoods®. “We are so excited that Artists have the ability to add music as a product, vs. only as a service, back into their lineup, boosting their total income. We have already seen the excitement from Artists who had grown tired of pleasing an algorithm for the past decade. With GoGoods, Artists have the freedom to create what’s in their heart, and in the end, we all win from the product of their inspiration.”
Key Features:
GoGoods® ensures that artists and rights holders make money from their music, and is a great addition to existing revenue channels. For more information, visit GoGoods.io.
About A2IM:
A2IM is a 501(c)(6) not-for-profit trade organization headquartered in New York City that exists to support and strengthen the independent recorded music sector. Membership currently includes a broad coalition of over 600 Independently-owned American music labels. A2IM represents these independently owned small and medium-sized enterprises' (SMEs) interests in the marketplace, in the media, on Capitol Hill, and as part of the global music community. In doing so, it supports a key segment of America's creative class that represents America's diverse musical and cultural heritage. Billboard Magazine identified the Independent music label sector as 37.32 percent of the music industry's U.S. recorded music sales market in 2016 based on copyright ownership, making Independent labels collectively the largest recorded music industry sector.
About GoGoods:
GoGoods® is revolutionizing digital music ownership with the introduction of Cloud Collectible Music™. By bringing full personal use rights to the digital realm, GoGoods empowers artists and superfans alike with the ability to buy, keep, play, resell, and gift music, effortlessly and securely. Through seamless integration across devices, GoGoods is pioneering a new era of music as a product, ensuring artists are rewarded with every ownership change. Our mission is to reshape the music industry, for the benefit of all, by putting artists and their fans at the forefront of innovation, and our team is dedicated to creating the future of music ownership.
