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Valenti fades away

p2pnet.net News:- MPAA boss Jack Valenti is on his way.

Who’ll take over? Good question. No one seems to want the job and it’s being left to an executive search firm to find a replacement.

In the meanwhile, “This is the time for me to depart as CEO,” Reuters quotes Valenti as saying here. “I feel that in my gut.”

He’ll leave the MPAA (Motion Picture Association of America) with egg on his face, thanks to his screeners fiasco. But on the other hand, unlike his opposite numbers in the RIAA (Recording Industry Association of America), he wasn’t dumb enough to advocate a war of attrition against Hollywood’s (in the movie configuration) customers.

Valenti , who’s been Hollywood’s mothpiece since 1966, will “stay connected” to the film industry, “but did not elaborate,” says the story.

So apparently T-t-t-t-t-that’s not all folks.

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