The RIAA Isn’t Very Good With Money
Posted by Bram Teitelman on July 15, 2010
According to Hypebot, the Recording Industry Association of America (RIAA) spent $16 million dollars on lawyers in 2008, much of it suing music fans for “copyright infringement.” The amount they recovered? $391,000. A blog points out that in 2008, the RIAA paid the firm Holmes Roberts & Owen, $9,364,901, Jenner & Block over $7 million […]