EMI to continue subsidising IFPI
p2pnet news | Music:- A cost-cutting measure by EMI could adversely interfere with the organised music cartel’s fruitless efforts to stamp out P2P file sharing.
EMI says it won’t dump the IFPI after all.
Based in the UK and one of the Big 4 record labels, the others being Warner Music, Vivendi Universal and Sony BMG, EMI had planned to stop paying its share of cash dolled out to the corporate copyright cop.
“On the verge of abandoning its role in helping to subsidise Big 4 organised music cartel enforcement unit the IFPI (International Federation of Phonographic Industry), and accused of blowing hundreds of thousands of pounds on wine, women and song, EMI says it will slash as many as 2,000 jobs from its recorded music division,” p2pnet posted in January.
Now, “both sides agreed to reduce the amount the London-based label and others pay towards the fight against piracy,” says Reuters.
But, “analysts had said any significant cut in funding to groups such as the IFPI, the Recording Industry Association of America (RIAA) and other national associations could hamper the fight against Internet piracy,” says the story, going on, “A spokesman for the IFPI, which also looks to safeguard the rights of record producers and expand the commercial use of music, said it had agreed a ’sensible, appropriate and reasonable reduction in our budget’.”
“We undertook to work with our colleagues in the other major labels and with (IFPI boss) John Kennedy on a cost saving plan for the IFPI,” Reuters has Jean-Francois Cecillon, president of EMI Music International Labels, saying, adding:
“Together we have been able to find solutions which we believe are achievable whilst maintaining what the IFPI does best in representing our industry.”
Rumours that Kennedy is to be fired should perhaps be discounted.
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Also See:
p2pnet – EMI slashes 2,000 jobs, January 14, 2008
Reuters – EMI to remain a member of trade body IFPI, March 10, 2008
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March 10th, 2008 at 2:11 pm
to bad then, and I already was hoping “EMI” would become something that could land on my shooping list again.
Seems this quote is still valid then:
“At what point do we just abandon any pretense of making peace with these gangsters? When will it be time to declare war on them, to engage in file-sharing not because we love music, but because we hate the record companies?” — Cory Doctorow 20070213
March 10th, 2008 at 2:23 pm
Wahooo! What’s a pack of losers!
So they will be wasting more money on the IFPI getting nothing in return. They will go out of business a litle bit sooner!
Perfect!
March 10th, 2008 at 3:57 pm
âAt what point do we just abandon any pretense of making peace with these gangsters?”
You don’t negotiate with terrorists. You just kill them.
As far as the RIAA/MPAA Vivendi Universal, Sony/BMG, EMI, Time Warner, Fox and the other scourges are concerned, this is a work in progress.
March 11th, 2008 at 2:02 pm
Whats more, is right after this news, the IFPI are now suing an Ireland based ISP to force them to ‘filter’ copyrighted material, with an EMI spokesperson spouting the usual propaganda.
Sounds like the IFPI are trying to make EMI think they got their moneys worth to me.