Changes put rebounding music group ‘on the right track’ |
![]() |
![]() |
Written by Eric Tiansay | |
Wednesday, 29 December 2010 10:00 AM America/New_York | |
GMA posts a profit, reduces debt and sells headquarters after cash crisis ‘threatened existence’
Leaders of the threatened Gospel Music Association (GMA) say the organization is “on the right track” after posting a profit for the first time in three years, and getting ready to appoint a new leader. The embattled music industry group has experienced similar struggles to CBA—another financially challenged trade association that saw the departure of its longtime president and CEO, the sale of its Colorado Springs, Colo., headquarters and a reduction in staff as well as a revised mana ement model. |
|
Read more... |