by Mike Masnick
Fri, Mar 13th 2009 6:36am
I missed this one when it initially happened, but it looks like the MPAA is following in the footsteps of the RIAA -- who recently laid off a bunch of folks. Apparently the MPAA quickly followed suit and drastically scaled back after the studios cut the MPAA's funding by about 15 to 20%. Apparently some of the entertainment companies are finally realizing that the strategies employed by the RIAA and MPAA (lobbying for favorable laws and suing the crap out of anyone who dares to innovate) aren't actually helping them build a stronger business. Of course, it seems likely that they'll keep making the wrong moves, even at a reduced budget -- but maybe, just maybe, they'll finally start to realize that their recent strategy has been a colossal failure.
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