RIAA admits 70 cents per download is correct

By Justin Mann on
The outrageous claim of “$750 lost per download” figure that the RIAA touts (which is a figure imposed by them based upon law, not what they penned) has been denied by themselves, and for the first time they have given us some actual figures as to how much they calculate they lose due to pirating. According to the statement, it seems that in court it has been made clear that 70 cents per song is an accurate figure. Interesting. I wonder if the publication of these documents will have an impact on the numerous lawsuits the RIAA files each year.

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