RIAA’s anti-P2P campaign is a money pit
Yesterday started Capitol Records v. Jammie Thomas, the first file-sharing case to go to trial, in Duluth, Minnesota. After a calm morning session the afternoon brought a revelation during the questioning of Jennifer Pariser, Sony BMG’s head of litigation, according to Eric Bangeman’s report on Ars Technica: “(…) a Sony executive said what many observers have suspected for a long time. The RIAA’s four-year-old lawsuit campaign is costing the music industry millions of dollars and is a big money-loser for the record labels. “Saying that the record labels have spent ‘millions’ on the lawsuits, she then said that ‘we’ve lost money on this program.’”, says the report.
