It has been reported for a while that the RIAA was suffering some cutbacks and dwindling support, but techdirt is reporting that the cuts may be even deeper than most originally suspected
. Who knew suing potential customers would ruin your business? "I'm sure some will somehow 'blame piracy' for this turn of events, but it's hard to see how that's even remotely the issue. The real issue is that the RIAA has basically managed to run one of the dumbest, most self-defeating strategies over the last decade. Rather than helping major record labels adjust to the changing market, it continually, repeatedly and publicly destroyed its own reputation and the reputation of the labels — each time shrinking their potential market by blaming the very people they should have been working to turn into customers."