V3 published an article claiming the RIAA is losing millions of bucks in its witch hunts against those evil file sharers who maliciously steal money from the poor starving artists and media companies.

Quote:

The cost of litigation in 2007 was $24.5m (£16m), and the RIAA recovered just over $500,000 (£326,000). In 2006 a $22.6m (£14.7m) outlay netted a return of $445,000 (£290,000).

So what does this tell us? If someone offered me they would go after bad people who stole from me if I paid them, and yet when they came back with 20 bucks they charged me a thousand, I think I would call foul. This tells us that there is some strange racket going on. Are the companies involved just trying to cut out a new market of profitable business? It sounds suspect. Related Websites

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