Recording Industry Ass. of America (RIAA) may disappear

The Recording Industry Ass. of America (RIAA) may disappear in a merger of trade groups according to Variety. According to the Hollywood trade paper, EMI has formally filed to leave the global trade body that represents sound recording owners, the IFPI (International Federation of Phonographic Industry), by 31 March.

IFPI executives, mindful of regional differences, have shown themselves to be far more honest, practical and forward-thinking than some of their peers in recent months.

At a MusicTank event last summer, an IFPI representative said there was no upside to enforcement against P2P file sharing from increased sales of legal digital music. At In The City in October, chairman John Kennedy said he’d welcome the revenue from legalising P2P networks.

A new wind is coming …

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