Mitch Bainwol has left his job as RIAA boss for a similar role in the automotive industry, as we reported yesterday. But he’s published a goodbye letter to the music business in which he strikes a distinctly optimistic note. “The chaos of distrust and paranoia that once characterized industry relations has given way to a new and healthier season of mutual respect and commitment to common purpose,” writes Bainwol. “Sometimes we fight – that’s normal of course – but for the most part it’s civil, honest and grounded in a valid belief we all share that our interests are fundamentally aligned.” He also hails 2011 as a turnaround year. “We are regaining our mojo and are on a bit of a roll, even if some of us – understandably – are tentative and reluctant to celebrate the apparent pivot in our fortunes,” he writes, citing LimeWire’s shutdown, growth in legal streaming, internet radio and iTunes downloads, and the recent anti-piracy deal with US ISPs. “Working together, we’ve set the table for a prosperous future for music. I’ve never been more optimistic…” Source: Hypebot
Outgoing RIAA boss Bainwol hails ‘mutual respect and commitment’ of industry
