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Is EMI Starting to See the Handwriting On the Wall?
Date : 2008 01 14 Category : Web News
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From pressuring music trade organizations like the IFPI to refocus its priorities, to impending massive job layoffs, one of the music industry's "Big 4" may be the first to realize that reform is long overdue.
Last week it was reported that EMI would leave the International Federation of the Phonographic Industry(IFPI) on March 31st if the structure and aims of the IFPI were not aligned with the interests of EMI.
EMI apparently feels the group is no longer useful to the industry in its current state, and thus resent having to pay fees for the privilege of belonging to it.