UPDATED: 2010-07-16 |
RIAA Spent $16mil To Recover $391,000 By: Bruce Houghton 2010-07-16 The amount that the RIAA paid out to its lawyers in 2008? $16,000,000. The amount that the RIAA recovered as a result of their efforts? $391,000. "So all in all, for a 3 year period," Ray Beckermann reports "they spent around $64,000,000 in legal and investigative expenses to recover around $1,361,000." Comments About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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