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MPAA to cut more than 10% of its workforce
The MPAA has found that it is not immune to financial woes, and as a result is going to be cutting quite a few jobs. A spokesperson for the company, which represents the majority of film studios in the U.S., has admitted that they will be cutting a minimum of 10% of their workforce, possibly quite a bit more. Cutbacks at large film studios have played a role in this, as the MPAA only does as well as its collective members. No mention is made about what specific portions of the company will be affected by the cuts, only that upper management will remain largely intact.
If you try to ask any MPAA rep about why they are losing money, no doubt they'll try to put some of the blame on piracy. Despite them trying to extort cash from groups like The Pirate Bay and even winning fairly large amounts of cash from other sites, the revenue for the company has dropped significantly. Of course, the “leadership” for the company is unaffected. You can imagine that the host of lawyers they employ will also likely remain on the payroll, as the primary purpose of the MPAA is to try and protect the intellectual property of the movie studios.
If you try to ask any MPAA rep about why they are losing money, no doubt they'll try to put some of the blame on piracy. Despite them trying to extort cash from groups like The Pirate Bay and even winning fairly large amounts of cash from other sites, the revenue for the company has dropped significantly. Of course, the “leadership” for the company is unaffected. You can imagine that the host of lawyers they employ will also likely remain on the payroll, as the primary purpose of the MPAA is to try and protect the intellectual property of the movie studios.
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User Comments (2)
Post a comment|
tengeta
on February 7, 2009 12:12 AM |
Did they fire the camera guy from the "your piracy starves my kid" commercial I saw at a movie theater once? |
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9Nails
on February 8, 2009 12:46 AM |
If the MPAA is still wondering why revenue is down, they should suggest studio's take a look at the price that they're asking for those tickets!I'd be shocked if those fat cats on the MPAA's board realize that piracy went up at the same time tickets and DVD prices increased. Think about that for a second.Their price's are so bad that the paying audience just waits a few months for the DVD's to come out. And DVD prices are getting pretty bad so we're renting a lot more frequently than before. |
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