] Los Angeles, CA - The RIAA announced that they would
] begin a strategy of profits by lawsuit, which should keep
] them a viable business indefinitely.
]
] "It's really a bold new idea that really gets back to the
] roots of the RIAA," said new RIAA Chairman and CEO Mitch
] Bainwol. "We'll no longer be worried about distributing
] music. The file sharers will do that for us, but now
] we'll just make our money from suing them and that's
] really what we're all about."
]
] According to a report by The Inquirer it will take the
] RIAA over 2,000 years to sue every file sharer, which
] confirms the long-term viability of the business model.