RIAA Makes 70 Cents on Music Downloads

Discussion in 'News and Article Comments' started by Big B, Jan 5, 2007.

  1. Big B

    Big B HWF Godfather

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    The RIAA has apparently filed papers stating that they make roughly 70 cents per song download.


    Ironically, as the RIAA battles on in its supposed struggle to keep its 70-cents-per-download wholesale price "confidential", in UMG v. Lindor, it has publicly filed court papers admitting that the 70-cents-per-download price is "in the correct range" (See Richard Gabriel Letter, Exhibit A, 7th page) and that "the actual numbers are in the range that you have suggested [approximately 70 cents per download]" (Richard Gabriel Letter, Exhibit A, 6th page):

    Now, this came about after a defendent questioned the $750,000 fine per song penalty. Good point. Not that I support music piracy here, but it is something to wonder why the RIAA needs to bully people in court to pay obscene amounts if they're only collecting a petty 70 cents per song from a legitimate site like iTunes or Napster.
     

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