Is the RIAA backing down?

Via JoelFightsBack‘s twitter, “Is the RIIA backing down?” we can read:

Mr. Bainwol said that while he thought the litigation had been effective in some regards, new methods were now available to the industry. “Over the course of five years, the marketplace has changed,” he said in an interview. Litigation, he said, was successful in raising the public’s awareness that file-sharing is illegal, but now he wants to try a strategy he thinks could prove more successful.

No shit!

Like, huh, I don’t know, larger, better and cheaper legal platforms to purchase music? Your business model has been dead for years guys… now you wake up? Well never too late as they say…