EMI Stays With IFPI On Condition it Pays Less to Chase Pirates
Written by enigmax on March 10, 2008After originally threatening to leave, London-based EMI Records has confirmed it will remain a member of the IFPI. With its self-imposed deadline of March 31st 2008 looming, the company has struck a deal so that EMI - together with other members - will now contribute less to anti-piracy activities.
In December 2007, in an effort to pacify its new owners by cutting costs, London-based record label EMI offered its resignation to the IFPI, saying it would leave the organization over “the future structure and funding of the IFPI and the national industry bodies.” Comments made by EMI chairman Guy Hands suggested that IFPI membership cost his company, and others, in excess of $250m per year.
EMI offered a deadline - either the IFPI reduced the costs associated with membership by 31st March 2008 - or EMI would leave. Now, after a few months of negotiations, it seems some sort of deal has been struck enabling EMI to stay as a member.
An IFPI spokesman said the organisation had been able to a agree a “sensible, appropriate and reasonable reduction in our budget.”
It won’t be just EMI that gets reduced rates either. The other major members - Universal, Sony and Warner will all benefit, says Jean-Francois Cecillon, president of EMI International:
“We undertook to work with our colleagues in the other major labels and with (IFPI boss) John Kennedy on a cost saving plan for the IFPI. Together we have been able to find solutions which we believe are achievable whilst maintaining what the IFPI does best in representing our industry.”
Separately, the IFPI just announced it has successfully shutdown a Direct Connect hub in Chile, specializing in metal. If they feel that this type of action is the most effective way of spending EMI’s money, no surprise they wanted to leave.
Previously: The BitTorrent Legend Returns: I Am aXXo
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on topic :D
but when a dinosaur wakes up because the shareholders have kicked out the incumbent MAFIAA then we know it is all over
filesharing, not piracy you scum, is gonna bloom all over this beautiful world
@22
1) Disregarded.
2) We know.
Thank you for your contribution.
Your comrade,
Putin 08
[quote comment="308576"][quote comment="308468"]I agree to that - it just seems like IFPI is greedy if they get $250 million from the record lables and then try to sue people for even more money… It’s not the torrentsite hosts there is making money off piracy, but IFPI…[/quote]
Ladies, Gentlemen, Equals, More than Equal Party Elites, Polar Bears, and all other victims of Bush’s eco-terrorist global warming policies, here we have indisputable proof that Dear Leader Kim Jong Il’s guide to fascism, public education and eradication of free thought is working as advertised by the wonderful humanitarians of the motherland (soon to be gender-neutral-land, hillary be praised).
How else could a target of EMI subjugation, coercion, and we’ll just assume genocide, have been so steadfast and unyielding in his defense of party elites, despite, at the very least, the suspicion of a possible existence of another, non-party approved truth (Lenin forbid!).
Warning: Comrades proceeding past this point may* be guilty of forming opinions. Report immediately to the commissar of thought if you experience any symptoms of increased neural activity, feel lightheaded or are otherwise confused by mental stimulation.
“Having emailed around 12 torrent site owners, only 4 of them were ready to spill the beans. One very large torrent site with over 500.000 visitors per day told us that they are generating around 30-40K per month and a double of that amount during the last two months of the year. Another torrent site with more then 300.000 visitors told us that they were making 50K per month on average. The other two torrent sites were generating a revenue of 35-60K respectively.”
http://blog.cashlance.com/node/12
Your comrade,
Putin 08
*All comrades are assumed guilty until their public show trial where they will be officially found guilty.[/quote]
Not all trackers make money from ads. I go to a private tracker with no ads. The owner runs the tracker as a hobby, and every member contributes to the maintenance of the tracker through their hard work. Lighten up man… there are some good trackers out there. Most pirates aren’t motivated by money.
[quote comment="308481"]Dinosaur labels… imagine how many CDs 250 mil equals… they should keep that money towards their profits considering how bad cd sales are…[/quote]
I agree 100% What dumbass people pay 250 mil for some retard Orginization that does nothing.
my site is dedicated to metal and direct connect hub, i aggregate some metal rss feed as well (mostly coming from blogger )
http://www.metalhubs.com/
I wait for the day that some hacker fucks IFPI in the ass, hard.
Dang cheapskates!
http://fakesteveballmer.blogspot.com
Jesus.
I make a comment before I go to sleep, I wake up, and it’s STILL “awaiting moderation”?
What does that even mean?
Seriously.
FYI, Putin 08, I’m taking your name from now on. Just for funsies.
*spittake*
$250 million dollar annual membership fee!?
…And the IFPI has the audacity to brand OTHER PEOPLE as crooks. Their battle against filesharing is driven by nothing more than pure, miserable avarice.
I’d love to hear those slimeballs attempt to explain the morality of attacking people under the premise of “monetary damages” for freely sharing music, all the while their gilded coffers overflow with the money they gouge from record labels, who in turn rob their own artists.
What a sorry bunch of parasites.
Speaking of parasites… The IFPI did one shit-poor job of shutting down Metal Hub. I’m having some trouble reconciling this:
http://www.ifpi.org/content/section_news/20080310.html
with this:
http://www.metalhubs.com
based on a true comercial.
ifpi membership = $250m.
other lawsuits = $155m
the smile u get seeing other pirate
site shuts down = pricele$$.
for everything else,there’s IFPI.
Actually, what they did is like “let’s show we do something - anything”.
In all public hublists there can be seen (sorting by country) that the biggest hubs in Chile have an average of 150 users.
A hub hosted on own connection costs nothing (and i think this is the case here). On a payed host a hub with 500 users costs 10 $ (including configuration, of course).
LOL @ shutting down a hub with 100 users.
[quote comment="308773"]
Not all trackers make money from ads. I go to a private tracker with no ads. [/quote]
I have my tracker too and run it just for hobby, share interesting with my friends. It’s just a rest for me, but not a work and I actually don’t receive money fo this.
_________
euro nudes
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