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[recordingindustryvspeople] RIAA paid $16,000,000 in 2008 to recover $391,000!

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4.6K views 43 replies 35 participants last post by  AntiTalent  
#1 ·
This is basically the hole article.

SOURCE

Quote:
The RIAA's "business plan" is even worse than I'd guessed it was.

The RIAA paid Holmes Roberts & Owen $9,364,901 in 2008, Jenner & Block more than $7,000,000, and Cravath Swain & Moore $1.25 million, to pursue its "copyright infringement" claims, in order to recover a mere $391,000. [ps there were many other law firms feeding at the trough too; these were just the ones listed among the top 5 independent contractors.
I wonder how the recording and publishing feel about such a loss of profit. No one can say to a dollar amount how much piracy hurts Recording artist, but we now have the facts to show how much money it cost to battle piracy. So now we have the fact to say that battling piracy losses more money than letting pirating happen.

How is it that theft of retail merchandise of recording artist is not categorized with file-sharing. The people that are running this hole affair are as dumb as a bag of hammers!

Hey Mitch Bainwol, I done your wife!
 
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#2 ·
Where does the RIAA get there money to pursue this? It is obviously far from self sustaining...

(insert epic facepalm.jpg img here)
 
#3 ·
Maybe it's not about the money directly recovered, but more about the belief that people will be deterred by the threat of lawsuits.
 
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#6 ·
R
#7 ·
So they have spent 64 times the money they have made back and pirating is still prospering... Maybe it will take a lot longer to do something about it?
 
A
#8 ·
Hmm, wonder what the implications of legalizing piracy would be. I guess that would mean trademarks/copyrights would have to be done away with. Interesting puzzle. Because clearly this doesn't work, but what would happen if the RIAA/gov just..gave up?
 
#9 ·
The lawyers are the real pirates.
 
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#10 ·
****ing pirate scumbags. Just pay for your content its not hard, stop free loading off other peoples hard work.
 
#12 ·
Quote:

Originally Posted by PDXMark View Post
This is basically the hole article.

SOURCE

I wonder how the recording and publishing feel about such a loss of profit. No one can say to a dollar amount how much piracy hurts Recording artist, but we now have the facts to show how much money it cost to battle piracy. So now we have the fact to say that battling piracy losses more money than letting pirating happen.

How is it that theft of retail merchandise of recording artist is not categorized with file-sharing. The people that are running this hole affair are as dumb as a bag of hammers!

Hey Mitch Bainwol, I done your wife!
see the problem is, piracy doesn't hurt the artist at all, (or almost at all), unless the artist also owns the publishing company. most of the money artists make are through concerts, which if someone pirated music of a certain artist, really liked them, and went to their show, technically it would help the artist more than hurt him or her.
 
#14 ·
Actually, you shouldn't forget about the realized potential sale that they got from scaring people into not pirating.

hahahah

the irony is, that's the exact same logic as a potential lost sale due to piracy.
Image
 
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K
#15 ·
Quote:
The RIAA's "business plan" is even worse than I'd guessed it was.

The RIAA paid Holmes Roberts & Owen $9,364,901 in 2008, Jenner & Block more than $7,000,000, and Cravath Swain & Moore $1.25 million, to pursue its "copyright infringement" claims, in order to recover a mere $391,000. [ps there were many other law firms feeding at the trough too; these were just the ones listed among the top 5 independent contractors.
Translation: Law firms making money baby.
 
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#17 ·
Quote:

Originally Posted by MAD_J View Post
****ing pirate scumbags. Just pay for your content its not hard, stop free loading off other peoples hard work.
This

Quote:

Originally Posted by MrDeodorant View Post
Maybe it's not about the money directly recovered, but more about the belief that people will be deterred by the threat of lawsuits.
And this.

The direct amounts recovered are the tip of the iceberg as far as their corporate presentations are concerned. The real aim is to influence people who might not download, if they think there's a chance they'll be caught.

Though putting an accurate figure on that is about as simple as working out how much piracy costs itself.

Oh and OP: it's whole. Saw it twice so assumed it wasn't a typo
Image
 
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#18 ·
This is win overall. These big labels can keep funding the RIAA for all i care with profits made from their justin beaver t-shirts. All aboard the fail boat.

Quote:

Originally Posted by Tekgun View Post
So instead of investing the money into alternative format's to try and fight piracy, they give it to the biggest pirates there are!
Yea that sounds about right, go big corporations...
This. When will people stop hiding behind fancy suits and lawyers and actually get something done for a change.
 
M
#19 ·
Quote:

Originally Posted by Faster_is_better View Post
Where does the RIAA get there money to pursue this? It is obviously far from self sustaining...

(insert epic facepalm.jpg img here)Edit:
Image

Edited for epic facepalm
Image


I have always found the RIAA's attempts to thwart "Piracy" as a joke, not its apparent that is probrably one of the expensive jokes ever, lol.
 
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A
#22 ·
Quote:

Originally Posted by SupahSpankeh View Post
This gentleman just caused /thread to happen.

Please read his post again before gloating about the MAFIAA losing money.
Tends not to work. The threat of being jailed or killed didn't stop speakeasy clubs back in the Prohibition days, or drug-users nowadays. Just because the government or the RIAA wants it to work doesn't mean it does.

"Unlimited" free "stuff." Just because one out of every thousand (just making up the numbers, soz if I'm wrong) gets nailed doesn't mean people won't take their chances.
 
#26 ·
Quote:

Originally Posted by AOwpr View Post
Tends not to work. The threat of being jailed or killed didn't stop speakeasy clubs back in the Prohibition days, or drug-users nowadays. Just because the government or the RIAA wants it to work doesn't mean it does.

"Unlimited" free "stuff." Just because one out of every thousand (just making up the numbers, soz if I'm wrong) gets nailed doesn't mean people won't take their chances.
Well they would have us believe that everyone with an internet connection must be into piracy, so the odds are a lot lower.
Taking people to court will have about a much effect as "The War on Drugs" not much.
 
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