EMI May Cut Funding To RIAA, IFPI 158
Teen Bainwolf notes a report that Big Four record label EMI, which is under new ownership, is considering a big cut in its funding for the IFPI and RIAA. Each of the labels reportedly contributed over $132 million per year to fund industry trade groups, and EMI apparently believes that money could be better spent elsewhere. "One of the chief activities of the RIAA is coordinating the Big Four labels' legal campaign, and those thousands of lawsuits have done nothing but generate ill will from record fans, while costing the labels millions of dollars and doing little (if anything) to actually reduce the amount of file-sharing going on."
Bailling out? (Score:5, Funny)
Too late.
Okay, time to 'fess up... (Score:4, Funny)
Re:Okay, time to 'fess up... (Score:3, Funny)
Damned straight, we owe that guy many many MANY beers.
AH HA! (Score:0, Funny)
I'm considering buying an AirBus A380 (Score:2, Funny)
Doesn't mean I can or will do any of it, though.
I must of lost track of time.... (Score:2, Funny)