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-spent-58-million-suing-file-sharers-got-2-back

 

[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 :D

 

[Amz]

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

 

[shaggy10]

Fawk RIAA

 

[m107]

yeah, they are real loser.

 

[NewEraCracker]

Why are they wasting their time suing people xD 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. :s

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.