Record industry coming to an end (again)

[17 January 2008]

By Jason Gross

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

Published at: http://www.popmatters.com/pm/post/record-industry-coming-to-an-end-again/