Secretary Pritzker Tours Loud Recording Studios and Speaks With Music and Entertainment Industry Leaders
Today, as part of her nationwide listening tour, Secretary Penny Pritzker toured Loud Recording Studios with Cary Sherman, Chairman and CEO of the Recording Industry Association of America (RIAA) and Jim Catino, Vice President of A&R for Sony Music Nashville. The music industry is a vibrant part of Nashville’s economy and the American economy as a whole. In fact, entertainment, literary and artistic originals contributed $74 billion to the U.S. economy last year, according to the Department of Commerce’s Bureau of Economic Analysis.
According to a report by the Nashville Area Chamber of Commerce and the Music City Music Council, the music industry sustains more than 56,000 jobs and contributes both to the local economy and the region’s gross domestic product.
During the roundtable, Secretary Pritzker not only discussed how the music and entertainment industries are contributing to the health of the creative economy, but also the key role the Commerce Department plays in supporting and protecting intellectual property and innovation.