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RIAA downsize
By CMU Editorial | Published on Friday 27 February 2009
The Recording Industry Of Association has reportedly initiated a not inconsiderable downsize which will see about thirty people leave the infamous trade body.
The job losses may be the result of the recession, though the trade body has been under pressure to streamline for a while, in particular from EMI where owners Terra Firma questioned the need for both the RIAA and International Federation Of The Phonographic Industry after they acquired the London-based major.
Plus, of course, the trade body recently announced it was ending its campaign of litigation against individual file sharers which had seen hundreds of music fans sued every month.
They ended the litigation programme because, of course, file sharing had been successfully sued out of existence. Oh no, hang on, the lawsuits had made no different whatsoever. Yeah, that’s it.
