The RIAA Spent $58 Million Suing File Sharers, Got 2% Back

[HostMyWarez]

How much of a failure was the RIAAs campaign of ridiculous lawsuits of file sharers? How does a measly 2% return on a $58 million investment sound? That's good business right there. According to leaked tax forms from 2006-2008, the RIAA spent a whopping $58,258,394 on legal fees over the course of those three years, reaping $1,362,572 from accused pirates in return. Ouch.
But it was all totally worth it, luckily for them, as piracy is now dead and everyone is back to spending $18 for a CD that's half filler at their local Sam Goody. Oh, wait.

http://gizmodo.com/5587306/the-riaa-...ers-got-2-back

HostMyWarez Reviewed by HostMyWarez on 15th Jul 2010. The RIAA Spent $58 Million Suing File Sharers, Got 2% Back http://gizmodo.com/5587306/the-riaa-spent-58-million-suing-file-sharers-got-2-back Rating: 5

[cuza]

lol thats bad.... Whom do they recovered that amount

[PBI NetWork]

yea lol thats bad. biss

[samipk]

serves those morons right

[m107]

lol, hilarious

[Amz]

Lol this should give them a lesson that they should stop doing it.

[shaggy10]

Fawk RIAA

[m107]

yeah, they are real loser.

[NewEraCracker]

Why are they wasting their time suing people They will lose their money and time. And that has been proven now

[Loget]

Its not that bad... if Hawk was in control of the RIAA they would of got scammed 100 million.

Who funds the RIAA by the way? I'm guessing its recording companies ect, sux for them that there giving away their money to a organisation thats giving them practically no returns.