Fun Stuff > BAND
Just when you thought the RIAA couldn't get any worse....
Orbert:
Both articles mention that EMI is the smallest of "the four major labels" though neither of them mention who the other three are. I guess I'm wondering why one of the four, and the smallest one at that, would have so much power. If EMI were to pull out, would the strain on the other three be so immense that the RIAA collapses? I don't see any kind of explanation in either article. They both just say that EMI pulling out could spell the end of both the RIAA and the IFPI, but they don't actually say why.
Johnny C:
The other three are Sony BMG, Warner and Universal.
I assume EMI's strength comes from it being the only company in the four dedicated solely to music, but this is solely conjecture.
Orbert:
Thanks for the info.
As much as I'd love to hear about the demise of the RIAA, someone just coming out and saying "this could be the end" without any explanation why just strikes me as the media trying to stir things up where there's really nothing to be stirred. They kinda like to do that when they're bored.
IronOxide:
Also, no matter how comparitively small EMI's market share is in comparison with Sony/BMG, Warner, and Universal, they are still 9% of the British market share, and even though they are losing money (about 260 million GBP in 2007), they are still giving a large amount of money to the cause. Even if we assume that among the "Big Four", EMI is only giving 10% of the RIAA's money, they are still giving a huge amount.
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