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# RIAA Trims More Staff, But Bonuses Already Well Paid Execs
- URL: https://www.hypebot.com/riaa-trims-more-staff-but-bonuses-already-well-paid-execs/
- Published: 2015-05-18T10:00:00.000Z
- Updated: 2015-05-18T10:00:00.000Z
- Description: The RIAA represents over 1,600 U.S. record labels that collectively create and distribute about 90% of recorded music sold in the United States. It's largest and most influential of the members are. Continue reading [https://www.hypebot.com/hypebot/2015/05/riaa-trims-more-staff-but-bonuses-already-w
- Author: Bruce Houghton
- Tags: Major Labels, Music Business, Apple Inc., music industry, record label, Revenue, Spotify, Stephen Cooper (businessman), Streaming media, United States, Universal Music Group, Warner Music Group, #wp, #wp-post, #Import 2026-01-21 10:28

[![image from files.doobybrain.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c78c3214970b-150wi "image from files.doobybrain.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c78c3214970b-popup?ref=hypebot.com)The RIAA represents over **1,600 U.S. record labels** that collectively create and **distribute about 90% of recorded music sold in the United States**. It's largest and most influential of the members are the **"Big Three" – Universal, Sony and Warner Music**.

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Continuing a multi-year trend of staff cuts, The Recording Industry Association Of America (RIAA) has cut staff while still rewarding its top executives.

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d115c6b7970c-150wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d115c6b7970c-popup?ref=hypebot.com)

In the fiscal year ending March 31st, the headcount at the RIAA dropped from 58 in the year before to 55\. That continues a downward trend from a peak of 117 staffers just 5 years ago, according to new [fiscal filings](https://www.scribd.com/doc/265198565/RIAA2014-990?secret%5Fpassword=VtGFZ9IqH8LZNcbZw1qY&ref=hypebot.com).

At the same time, the trade group has continued to reward its top executives handsomely. CEO Cary Sherman earned $1.6 million last year, including a half million in bonuses and other compensation. Senior EVP Mitch Glazier, General Council Steve Marks and EVP of International Neil Turkewitz earned $776,616, $728,959 and $657,952 respectively, including more than $250,000 in bonuses. The RIAA's top execs account for 25% of total payroll.

[Torrentfreak](http://torrentfreak.com/riaa-cuts-more-jobs-awards-bonuses-to-execs-150517/?ref=hypebot.com) published this overview of the salaries of top executives.

[![image from torrentfreak.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08302d69970d-500wi "image from torrentfreak.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08302d69970d-popup?ref=hypebot.com)***click on image to enlarge***

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