Sign up FAST! Login

RIAA Revenue Dwindles As Labels Cut Back | TorrentFreak


Stashed in: Music

To save this post, select a stash from drop-down menu or type in a new one:

The latest RIAA tax filing shows that the revenue generated by the anti-piracy group has reached a new low. In just two years the membership dues from music labels have been cut in half and have now sunk to below $30 million a year. While the group has 72 employees, payouts to the top two executives including CEO Cary Sherman amount to more than $3 million, some 25% of the total wage bill.

And there was much rejoicing over the dwindling!

tumblr_m8x5rnN1gr1re385so1_500.png

Wine coolers for all!!!

You May Also Like: