RIAA makes up for lost CD sales with P2P revenues

Posted in RIAA, IFPI on April 26th, 2006
RIAA makes up for lost CD sales with P2P revenues

RIAA has created a new revenue channel to help make up for lower industry sales – P2P individual lawsuits. The Pirate Times calculates that almost $100 million have been paid by consumers who have settled close to 20,000 P2P lawsuits.

Needless to say, none of that goes to artists.



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