August 23rd, 2012

With A Budget Almost Cut In Half And 40 Percent Staff Cuts Can The RIAA Survive?

RIAA

RIAA’s budget comes from music labels and distributors because it represents the interests of the music industry. Therefore, it depends on their willingness. TorrentFreak obtained its latest tax filing and the RIAA is facing the same difficulties as the major music labels. Its budget has been cut to $29.1 million for 2010-2011 from $51.35 million two years earlier. Yet, the most important shift… → Read More

May 19th, 2011

Apple Zeros In On Deals For Its Cloud Music Service

Apple is furiously negotiating with the record labels to finalize deals which will allow it to stream music from the Internet to mobile devices (iPhones, iPads, iPods) and computers. It just came to terms with Sony Music, according to a Bloomberg report, which means that of the four major labels it’s got three down (EMI, Warner, and Sony), and one to go (Universal Music).

Streaming rights are… → Read More