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defrogITEM: The Record Industry Association of America reportedly paid over $16 million to law firms in 2008 to help it sue people for copyright infringement via illegal downloads.
Total amount of compensation recouped from greedy thieving music fans: $391,000.
That was just for 2008. If you include 2006-2008, the RIAA spent $64 million in legal and investigative expenses to recover around $1.3 million.
Genius!
Of course, that might actually mean something if the point of the lawsuits was to actually get back the $12.5 billion the RIAA claims the music industry is losing globally every year. It's not, and the RIAA has admitted as much – they said early on that they considered suing music fans as more of an anti-piracy educational campaign to deter future file sharing.
Which might make sense if it worked. It hasn’t. So either way it’s $64 million down the drain.
But then the music industry made $17 billion in 2009 – so it’s not like they can’t afford to blow a few million here and there on lawyer fees.
On the other hand, that $17 billion is $1.3 billion less than 2008. So clearly piracy is gutting the music business and soon there’ll be no music anymore and it’ll be the fault of you greedy punks who think it’s cool to steal from starving artists like Akon, T-Pain and Justin Timberlake.
Money to burn,
This is dF
Total amount of compensation recouped from greedy thieving music fans: $391,000.
That was just for 2008. If you include 2006-2008, the RIAA spent $64 million in legal and investigative expenses to recover around $1.3 million.
Genius!
Of course, that might actually mean something if the point of the lawsuits was to actually get back the $12.5 billion the RIAA claims the music industry is losing globally every year. It's not, and the RIAA has admitted as much – they said early on that they considered suing music fans as more of an anti-piracy educational campaign to deter future file sharing.
Which might make sense if it worked. It hasn’t. So either way it’s $64 million down the drain.
But then the music industry made $17 billion in 2009 – so it’s not like they can’t afford to blow a few million here and there on lawyer fees.
On the other hand, that $17 billion is $1.3 billion less than 2008. So clearly piracy is gutting the music business and soon there’ll be no music anymore and it’ll be the fault of you greedy punks who think it’s cool to steal from starving artists like Akon, T-Pain and Justin Timberlake.
Money to burn,
This is dF
