Record industry coming to an end (again)
You might want to sell any stock you have invested in major labels, especially if it’s EMI. After some belt-tightening, they’re now shuffling around personnel, causing a rift with artists that they can’t afford to piss off (including Coldplay and Robbie Williams): Artists’ managers protesting EMI shake-up. Even after that bit of bad news, they compound it by having their pink slip machine work overtime: EMI’s drastic belt-tightening. But there is one piece of good news coming out of this as they’re now thinking of cutting off money to everyone’s least favorite industry slimebags: RIAA might be doomed. Ah, but fear not… When it comes to fresh ideas to save themselves, the industry is full more useless, empty platitudes than a candidate’s speech as witnessed by this pathetic MSNBC article.
