Archive for May, 2010

EMSD in Disarray

The Electronic Media Services Division (EMSD), which is designed to administer and enforce AFM recording contracts, is in disarray.  The processes that were developed over decades to ensure peaceful and successful functioning have been completely undermined.  And there is no end in sight. Read the rest of this entry »

Red Zone at the Pension Fund

Dear Colleagues,

Last month we shared with you the imminent prospect of the Pension Fund (AFM-EP Fund; U.S.) being certified as being in the Red Zone, or Critical Status. We also wrote to you about the legal requirement for the Pension Fund to then develop and implement a Rehabilitation Plan should that occur. Today new information has appeared on the Fund website, afm-epf.org.  We recommend that you go to that site and read all of the new announcements concerning the Notice of Critical Status and the Rehabilitation Plan. Read the rest of this entry »