As of August 2011, the film has been hit with two lawsuits and, according to Catfish distributor Relativity Media, the film has an unrecouped balance of more than $8.5 million and will not likely ever become profitable. Both of these lawsuits have to do with songs used within the movie not being attributed to their creators.
The trivia item below may give away important plot points.
One of Angela's and Megan's "real" friends on Facebook who shared songs and advice turned out to also be a fictional character called Denton Rose who won America's Dream Date as a fictional character in 2006. The character appeared on Fox, and the WSJ and was offered the lead role in a DreamWorks film.