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Record industry coming to an end (again)

Thursday, Jan 17, 2008

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

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