RIAA Revenue Drops to Record Low
Found on TorrentFreak on Thursday, 12 June 2014
Continuing the trend from recent years the total revenue of the anti-piracy group dropped once again, to $24.2 million. This is a record low in recent history, and down more than 50% compared to four years ago.
The organization employed 58 people in 2012 and the total salary costs amounted to $11.6 million. Previously, the music industry group had well over 100 employees.
In a few years the RIAA will be gone because the entire music market is shifting, and it wouldn't be surprising if the MPAA follows within the next decade. What is surprising is the fact that only 58 people caused so much hate.