ExtraTorrent.cc - The Largest Bittorent SystemLogin   |   Register
Latest Articles
Most searched
Hot torrents
First Cams
View Torrent Info: Beauty and the Beast 2017 HDCAM 700MB x264-DiRG
View Torrent Info: Kong.Skull.Island.2017.CAM.XviD-VAiN
View Torrent Info: The Shack 2017 HDCAM x264-iMLEAVING
View Torrent Info: T2.Trainspotting.2017.CAM.XViD-ETRG
Hot torrents
View Torrent Info: Resident.Evil.The.Final.Chapter.2016.480p.BRRip.XViD.AC3-ETRG
View Torrent Info: Mums.List.2016.HDRip.XViD-ETRG
View Torrent Info: Split.2016.HC.HDRip.XViD.AC3-ETRG
View Torrent Info: Jurassic.School.2017.BRRip.XviD.AC3-EVO
Hot torrents
H264 X264
View Torrent Info: Paterson.2016.720p.BluRay.X264-AMIABLE[EtHD]
View Torrent Info: Dark Skies (2013) 720p BluRay x264 DTS Soup
View Torrent Info: Resident.Evil.The.Final.Chapter.2016.720p.BluRay.X264-AMIABLE[EtHD]
View Torrent Info: Split.2016.1080p.HC.HDRip.X264.AC3-EVO[EtHD]
Hot torrents
BluRay, 4k UHD
View Torrent Info: Sin City 2005 1080p BluRay x264 DTSHD 7.1 Subs -DDR
View Torrent Info: The Uninvited 2009 Multi 1080p Bluray x264 TrueHD 5.1 -DDR
View Torrent Info: Double Team 1997 1080p Bluray x264 DTS 5.1 -DDR
View Torrent Info: Crimson Tide 1995 1080p BluRay x264 DTSHD 5.1 Subs -DDR
Hot torrents
View Torrent Info: Arrow.S05E17.HDTV.x264-LOL[ettv]
View Torrent Info: Survivor.S34E03.HDTV.x264-CROOKS[ettv]
View Torrent Info: Blindspot.S02E16.HDTV.x264-LOL[ettv]
View Torrent Info: Designated.Survivor.S01E13.HDTV.x264-LOL[ettv]
View Torrent Info: Tube (2003) UNCUT 720p DVDRip x264 Eng Subs [Dual Audio] [Hindi 2.0 - Korean 2.0] Exclusive By -=!Dr.STAR!=-
View Torrent Info: Fantastic Beasts and Where to Find Them (2016) 720p BluRay Hindi DD 5.1Ch - Eng DD 5.1Ch ~ PyZ
View Torrent Info: Robin Hood : Prince of Thieves (2009) 720p UNCUT HDRip x264 Eng Subs [Dual Audio] [Hindi DD 2.0 - Malayalam 2.0] Exclusive By -=!Dr.STAR!=-
View Torrent Info: Speed.(1994).1080p.BDRip.Dual.Audio.Org.DD.{Hindi.2.0 Eng.5.1}.-~{DOOMSDAY}~-
To add new messages please Login or Register for FREE
Warning! Protect Yourself from Lawsuits and Fines!
Your IP Address is   Location is United States
Your IP Address is visible to EVERYONE. Hide your IP ADDRESS with a VPN while torrenting!
ExtraTorrent strongly recommends using Trust.Zone VPN to anonymize your torrenting. It's FREE!
Hide my IP address!

RIAA Defends Spending $17M to Collect $391,000

Post a Reply    Subscribe to Topic    
No avatar
Posted: Sat Aug 07, 2010 09:26
RIAA Defends Spending $17M to Collect $391,000
Written by Jared Moya7 Comments

Say that tax returns draw a conclusion of its sue-em-all strategy that is “inaccurate and highly misleading,” and that its primary intent – fostering a respect for the rights of artists and convincing people to acquire music legally – has been largely successful.
A few weeks ago it was revealed that the RIAA has been spending tens of millions of dollars annually to enforce its sue-em-all strategy of targeting individual file-sharers with fines recouping as little as 2% of its overall expenses.
If spending $21.6M to recoup $455,000 in 2006 wasn’t enough, it spent $24.5M to recoup $515,929 in 2007, and $17.5 to recoup $391,000 in 2008. So all in all, over the course of three years it managed to blow more than $63.6M to recoup almost $1.4M. And this is just the years for which Jon over at P2Pnet managed to dig up tax returns for. Heaven knows what they spend from 1999 to 2006 in the heydays of P2P.
After taking a drubbing in the public eye for spending so much money to arguably do so little (music sales are still in decline and P2P is still rampant), the RIAA is now defending what it spent.
Jonathan Lamy, senior vice president for communications for the RIAA, says the numbers are misleading, that the legal fees cover a wide variety of costs like Digital Millennium Copyright Act notices, royalty litigation, and lawsuits against illegal file-sharing websites. Some of the legal fees span more than one year, and any resulting victory is calculated later on.
“Attempting to draw some larger conclusion about the effectiveness of our anti-piracy efforts based just on that one line in our tax document is simply inaccurate and highly misleading,” he tells the ABA Journal.
“Our anti-piracy efforts are primarily designed to foster a respect for the rights of creators,” he adds. “The idea is to raise awareness so fans will buy their music from legitimate platforms. And on that count we think our efforts have made a real difference.”
Lamy makes some good arguments, and it’s surely not as cut and dry as some would think it is, but the expenditures are still astronomically high compared to what it recoups. That’s why critics have a point when they say the outrageously high fines the RIAA seeks in court has nothing to do with actual damages, but rather in trying to send a message to other file-sharers.
It’s not about “raising awareness,” the game plan is to obtain multimillion dollar judgments and hope it will scare others. The problem with this is that you end up with cases like Joel Tenenbaum where the judge slashes the fine from $675,000 to $67,500 for “far exceeding any plausible estimate of the harm suffered by the plaintiffs and the benefits he reaped.”
Though what the RIAA spends on legal fees may not paint a clear picture as to what it’s going towards, the fact that it’s recouping so little in order to “foster a respect” or “raise awareness” means the real strategy is not justice, but rather scare tactics.
Stay tuned.

Post a Reply    

Forum Search

  search in post message
  search in topic subject

Home - Browse Torrents - Upload Torrent - Stat - Forum - FAQ - Login
ExtraTorrent.cc is in compliance with copyrights
BitCoin: 12DiyqsWhENahDzdhdYsRrCw8FPQVcCkcm
Can't load ExtraTorrent? Try our official mirrors: etmirror.com - etproxy.com - extratorrentonline.com - extratorrentlive.com
2006-2017 ExtraTorrent.cc3