RIAA Keeps Settlement Money, Artists May Sue | TorrentFreak

RIAA Keeps Settlement Money, Artists May Sue | TorrentFreak: "Despite collecting an estimated several hundred million dollars in P2P related settlements from the likes of Napster, KaZaA and Bolt, prominent artists’ managers are complaining that so far, they haven’t received any compensation from the labels. According to a lawyer, some are considering legal action."

...

"It’s being claimed that after legal bills were subtracted from the hundreds of millions in settlements, there wasn’t much left over to hand out."

Mmmm. Now remind me, what was the RIAA originally set up to do again? Was it to make a handful of lawyers obscenely rich by sending out a flurry of frivolous, malicious and unprovable lawsuits was it? It's done that bit very well - very well indeed.

No comments: