Is This The End of The RIAA?
Posted: Mon Mar 02, 2009 12:37 pm
Apparently, the organization is laying off over 100 people. Gizmodo speculates that this could mean the end of the association as it may merge with the European IFPI:
--AlanHypebot via Threat Level via Gizmodo wrote:The RIAA is currently laying off dozens of employees in what's been described as a "bloodbath" at the lawsuit-happy organization. Could this be the end of the RIAA?
Hypebot, the site that reported the layoffs, says that the "RIAA as you know it is probably history by Tuesday." And yes, that means tomorrow. Offices are closing and over 100 people are being shown the door, so this is clearly a serious move.
So what will happen to the RIAA? It'll probably merge with the IFPI, the European organization currently ineptly suing The Pirate Bay. But really, it's only a matter of time before that organization bites the dust as well. This is something we've known was inevitable for a while now, but I'm somehow having trouble feeling all that happy about it. You never like to see people lose their jobs, even if said jobs were inherently despicable.