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: GamePolitics.comRIAA: Great Moments in Spending
By james_fudge
Last week The Recording Industry vs. The People blog uncovered financial documents that showed the RIAA - the trade group that represents the music industry - spent around $16 million in legal fees on a handful of cases in 2008 to recover $391,000 USD from P2P lawsuits. Ouch.
This week the Denver Westword blog highlights the industry's proclivity for wasting cash with ten tongue-in-cheek (mostly) examples. Among their examples are Sony-BMG's DRM on the Neil Diamond album "12 Songs," and Jive Records' $1.5 million investment in hip-hop artist Papoose who was supposed to give them enough tracks for an album (it never happened). Read More
Full post as published by GamePolitics.com on July 19, 2010 (boomark / email).
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