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Summary of Proceedings
EMA Board of Directors Meeting
October 20, 2009 - Atlanta, Georgia
The EMA Board of Directors discussed the following agenda topics and took the indicated actions at its October 20, 2009 meeting, held in Atlanta, Georgia.
1.Conferences and Events
The Board reviewed the performance of the Digital Media Pipeline and Independent Product Marketplace conferences and discussed plans for trade conferences in 2010 and 2011.
2.2010 Budget
The Board approved the 2010 budget for the Association. The budget projects revenues for approximately $2.2 million, to be derived primarily from dues and conferences and events. Expenses are projected at $2.5 million.
3.Audit Committee
The Board directed that a standing Audit Committee be established to review the Association's accounts, financial reports, financial practices, and internal controls annually and reporting thereon to the Board.
4.Benefit Denial Technology
The Board received separate presentations on benefit denial technology for packaged media from Aequitas Innovations and ProTeqt.
5.Government Affairs
Staff updated the Board on the status of the EMA v. Schwarzenegger and Costco v. Omega legal cases and the Association's efforts to educate members on the requirements of the Consumer Products Safety Improvement Act (CPSIA).
6.Appointment to Executive Committee
It was announced that Chuck Porter (Giant Eagle) has been appointed to serve as an at-large member of the Executive Committee.
7.Membership
The Board voted unanimously to accept the membership applications received between April 2 and October 1, 2009.
8.Ratification of Minutes
The Board unanimously ratified the minutes of its April 23, 2009 meeting.
9.Other Issues
The Board received reports on recent anti-piracy developments, current government affairs activities, the Independent Dealers of Entertainment Association division, and supply chain initiatives.
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