Looks like EMI of music industry and Sex Pistol song fame has decided to pull on the purse springs of industry pit bull: RIAA, et al.
The IFPI said on Wednesday it was engaged in annual budget decisions and “as one would expect in this market, there is a focus on efficiencies and savings”.
It declined to give any further details but added that it was also engaged in a very full agenda to promote the rights of its member record companies.
EMI, Terra Firma, the BPI and RIAA were all unavailable to comment.
Hopefully these rocket scientists are catching on it’s bad business to sue the people that keep you employed or in this case, used to… Here is link for whole story.
