The True Cost Of Piracy: RIAA Legal Bills

Posted: Jul 14 2010, 11:51am CDT | by , Updated: Aug 12 2010, 12:24am CDT, in News | Technology News

 
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If the RIAA brings suit against you, odds are you'll soon be out a big chunk of change. They've got enough money to hire the best lawyers on earth. While that seems horribly unfair, that stable of awesome lawyers is actually serving to eat them out of house and home.

Fudzilla reports that the Recording Industry Association of America has just released its numbers for the last few years worth of lawsuits. In 2008, they spent more than 17 million dollars on fancy lawyers and managed to recover a paltry $391,000. They averaged $3,900 from each pirate and 100 total settlements.

In 2007, they spent $21 million on lawyers (and $3.5 million on investigations) to recover a little over half-a-million dollars. In 2006, they spent $19 million on legal fees and 3.6 million on investigators to bring in just $455,000 in fees. In total, that's $64 million to take about $1.4 from pirates. Ouch.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
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