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Just in: “Podcasts don’t make money”

Lawsuit-happy patent troll Personal Audio, Inc. has discovered that it’s not worth suing podcasters because they don’t make any money.

TWiT CEHo Lisa Kentzell

In related news, TWiT CEHo Lisa Kentzell said, “I just looked at the TWiT finances and it seems that we aren’t making as much as I thought.”

In even more related news, TWiT founder and chief mouthpiece Leo Laporte said, “I just started this gig for the freebies and cases of NatureBox. Time to cut and run.”

An in-depth study of the TWiT books was recently done by noted researcher Richard Yes and released on TotalDrama.org—the lid has been blown clean off.

Personal Audio, Inc. press release follows:

“When Personal Audio first began its litigation, it was under the impression that Carolla, the self-proclaimed largest podcaster in the world, as well as certain other podcasters, were making significant money from infringing Personal Audio’s patents. After the parties completed discovery, however, it became clear this was not the case. As a result, Personal Audio began to offer dismissals from the case to the podcasting companies involved, rather than to litigate over the smaller amounts of money at issue.”

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