Earlier this month it was widely reported that EMI was indeed ready to cast DRM into the dark abyss
and earn the company the honorable status of being the first major
music label to realize that DRM alienates honest customers. As it turns
out, the company is indeed open to the possibility of ditching DRM, but
they expect to be paid well for it, and the online music retailers
aren't ready to meet their demands.
EMI is the only major record label to seriously consider abandoning
the disaster that is DRM, but earlier reports that focused on the
company's reformist attitude apparently missed the mark: EMI is willing
to lose the DRM, but they demand a considerable advance payment to make
it happen.
According to Bloomberg, EMI has backed out of talks for now because no one will
pay what they're asking. No dollar amounts are known at this time.
5:48:25 PM 
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