EMI dumps IFPI: RIAA, IFPI merger

p2pnet news | RIAA News:- The RIAA may be merging with the IFPI.
And No, this isn’t a p2pnet spoof similar to the one in 2004 where we head the RIAA (Recording Industry Association of America) merging with the MPAA (Motion Picture Association of America).
In November last year, “The inevitable self-generated collapse of the corporate music industry as it exists today has been presaged by startling news from a member of the Big 4 organized music cartel,” said p2pnet, going on:
“EMI, these days under the control of private equity group Terra Firma, was the first to abandon DRM.
“It now looks as if it may also be the first to opt out of subsidising Big 4 organised music hit squads such as the RIAA and IFPI (International Federation of Phonographic Industry).”
Now, “In a move designed to get major music trade organizations to reorganize, EMI has made the first step to exit the British trade group IFPI,” says Variety.
Not only but also, “Top operating executives at the four major labels are in talks, seeking changes in the structure and priorities of major trade orgs, including the Recording Industry Assn. of America,” it says, going on:
“The idea of merging the IFPI and RIAA has been broached as well.”
Would the new organisation be called the Recording Industry Association of America International Federation of Phonographic Industry?
“Following the guidelines of the Intl. Federation of the Phonographic Industry, EMI sent a letter the last week of December to IFPI leadership stating that the company would file to leave the org if the structure and aims of the IFPI are not aligned with the interests of EMI,” says Variety, adding:
“A source close to the negotiations said all four major labels are in talks with IFPI about altering its course.”
We’ve always assumed the Big 4 tell the RIAA, CRIA, BPI, IFPI, and so on and so forth, what to do and when to do it.
But maybe the so-called trade organisations have been doing the strategising, advising the people who run the labels who’ve now figured out this really bad advice (ie, suing your customers) is heralding the destruction of the corporate music industry as it is today, which is to say as it was in the 1970s.
Interesting times, in the Confucian sense.
Definitely stay tuned.
Also see:
p2pnet spoof – RIAA, MPAA merger plans, November 11, 2004
opt out of subsidising – Is EMI dropping the RIAA?, November 28, 2007
Variety – EMI to exit IFPI, January 9, 2008
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January 11th, 2008 at 12:32 pm
Next up, The RIAA & IFPI announced today that they are jointly filing suit against their own clients, the record lables A.K.A. “the big 4″. A source from within the trade groups who wished to remain anonymous was quoted as saying, “They were threatening to stop using our services, so we really had no choice. Besides, we’ve been making stoopid money suing their customers, why not them too.”
January 11th, 2008 at 4:39 pm
call me skeptical, I haven’t read the right article or read exactly what these talks are about besides structure and priorities. it doesn’t mean they are going to change anything they are doing; it may mean they are looking for them to push harder in their efforts because they don’t see any changes happening to their benefit. too many assumptions to make.. I would love to know exactly what the “talks” are about.
January 12th, 2008 at 2:00 pm
CONTINUE THE BOYCOTT!
The parasites are dying but are not dead yet.
I will continue to attack and boycott EMI and the others RIAA members until the managments of these companies are purged of their parasites and until they dump the RIAA, CRIA, BPI, IFPI, MPAA and so on and so forth. Them they will qualify as indies and I will stop my boycott.
There is achance thought that they might be nothing left of these business since then.
January 12th, 2008 at 2:03 pm
Ho! I forgot!
The parasites must also return all the money they extorted world wide with interest and compensation for me to stop my boycott and attack. Mean while I will continue to share my 30k RIAA tracks on internet and elswhere, distrubute Cds to my friends neigbhors, coleagues to discourage them further not to give money to this pack of criminals.
January 16th, 2008 at 4:45 am
These are criminal organizations and must be stopped.
Continue the BOYCOTT everyone. We much kill of these parasites and teach other companies of what will happen to them if they treat people like these mobs are.
RIAA and such are no different to criminal gangs demanding extortion money, and with paid people in government it makes it even worse.