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Articles tagged with: slsk

RIAA President Makes $3M Per Year

The RIAA is an organization that is completely against file sharing and p2p (peer to peer) music networks that allowed users to illegally download music. So these protect the rights of musicians in the stop of music piracy, ain’t that great? Oh, I forgot to mention that the RIAA’s President made $3.2 million dollars in 2009. From an expose on P2Pnet, President Cary Sherman was awarded a 240% increase in his 1.3 million salary from 2008. You would think that $1.3 million was more than enough, but apparently it wasn’t.

I certainly wish we were talking about some banking executive but we are talking about the head of an organization that seeks to prevent millions of dollars of lost damages from musicians pockets, and here is a guy raking in $3.2 million a year, and who knows if he’ll raise himself to $5 million next year?