Reuters: EMI May Soon Cut RIAA Funding
In today’s “that oughta show ’em” category, British music industry major EMI wants to cut its funding to the industry’s trade bodies, a source familiar with the situation told Reuters on Wednesday. The move could deal a blow to the fight against music piracy.
Remember that EMI is the only major label that’s selling unprotected (DRM-free) versions of their music tracks across all major online music stores, including on Apple’s iTunes Store, the dominant player with 75 percent market share online.
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