Got this fresh off of Twitter:
One of the Big Four labels is apparently unhappy with its return on investment when it comes to funding industry trade groups such as the IFPI and RIAA. British label EMI, which was recently purchased by a private equity fund, is reportedly considering a significant cut to the amount of money it provides the trade groups on an annual basis.
http://arstechnica.com/news.ars/post/20071128-report-emi-looking-to-slash-funding-for-riaa-ifpi.htmlIs RIAA's reign of terror finally coming to a halt? Probably not, but EMI is considering to slash funding for the RIAA, which of course means that they have to save a lot of money. By not hiring expensive advocates to sue people, for example.
Quick Reply
