There is speculation afoot that the "Big 4" record companies may be about to become the 'Big 3'.
Jon Newton at p2pnet queries whether a Reuters report that EMI, which has recently been taken over by a private equity group, is seeking to cut its funding of the recording industry "trade associations", signals that EMI will be "the first to opt out of subsidising Big 4 organised music hit squads such as the RIAA and IFPI"."
Were EMI to withdraw from the litigation frenzy, such frequent-suers as Capitol Records, Virgin, Priority, and Mute might be out of the picture. See "List of EMI Labels" (Wikipedia.org).
We note with amusement that one of EMI's labels is named Terror Squad Entertainment.
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