EMI urges RIAA to merge with global organization

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EMI urges RIAA to merge with global organization

Posted on: 01/17/2008

From Wired: At least one major record label is calling for the Recording Industry Association of America (RIAA) to be merged with its international equivalent, the International Federation of the Phonographic Industry (IFPI).

EMI’s aggressive cost-cutting under its new Terra Firma management seems to be a factor. The label’s new owners don’t seem to think it’s worth funding the global organization in addition to the RIAA in the US, and the British Phonographic Institute (BPI) in Britain.

According to Variety, the RIAA’s and IFPI’s anti-piracy and lobbying organizations could become a single global copyright authority:

“One idea that has been floated by the majors is a consolidation of the IFPI, which represents 1,400 record companies in 75 countries, and the RIAA into a single unit. Both groups focus on piracy issues and lobbying.”

Variety says EMI is using the proposal as a way to pressure the IFPI into restructuring by March. (In a letter to the IFPI and RIAA, the label said it would stop funding the IFPI unless it restructured.)

Read the entire story from Wired here.



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