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In September 1958, the National Record Merchandising Association held its first meeting. The Board began by changing the name to the National Association of Record Merchandisers. The Association had 15 charter members that represented more than $15 million in record sales and served over 6,000 retail outlets. Over the past 50 years, the annual NARM Convention has become an exclusive event where the industry’s key players come together to make deals, hear live music, get the latest research, see the most up-to-date technology, showcase new product lines, hammer out solutions to industry issues, meet and network in order to find new business partners. Nowhere else at any other time of the year will you find CEOs, buyers and sales and marketing professionals from all of the largest music and entertainment retailers, along with suppliers from the four largest music companies and the most influential indies together… many times in one room. Over the years, superstars in the making such as Whitney Houston, Anita Baker, Mariah Carey, N*Sync, Josh Groban, and Lisa Marie Presley — among many others — made their industry debuts at NARM. The CD was introduced at NARM in the early 1980s and various other new formats and enhancements followed suit, including new opportunities in entertainment retailing through in-store downloading, kiosks and CD burning, as well as the DualDisc. Today, our retail members operate 7,000 storefronts that account for almost 85% of the music sold in the U.S. market. Our supplier members represent almost 90% of the music produced for the U.S. marketplace. |
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