EMI Cutting RIAA Support?
The source said EMI, which was recently taken over by private equity group Terra Firma, was looking at ways to "substantially" reduce the amount it pays trade groups.
The groups, the International Federation of the Phonographic Industry (IFPI), the Recording Industry Association of America (RIAA) and other national associations, represent music companies and the fight against illegal piracy. - more on this story
Click here to read today's full report