07/13/2010

According to accounting paperwork filed by the RIAA, the record industry has spent approximately $16,000,000 on lawsuits against people accused of illegally sharing music files.

They have collected a total of almost $400,000 in fines.

We already know the file sharers who pleaded guilty didn’t win this scenario. Now we see that the record companies certainly didn’t win either. So who did?

The lawyers.