RIAA has sued Limewire for 75 trillion dollars

Deezy

Active member
Does $75 trillion even exist? The thirteen record companies that are suing file-sharing company Lime Wire for copyright infringement certainly thought so. When they won a summary judgment ruling last May they demanded damages that could reach this mind-boggling amount, which is more than five times the national debt.

Manhattan federal district court judge Kimba Wood, however, saw things differently. She labeled the record companies' damages request "absurd" and contrary to copyright laws in a 14-page opinion.

The record companies, which had demanded damages ranging from $400 billion to $75 trillion, had argued that Section 504(c)(1) of the Copyright Act provided for damages for each instance of infringement where two or more parties were liable. For a popular site like Lime Wire, which had thousands of users and millions of downloads, Wood held that the damage award would be staggering under this interpretation. "If plaintiffs were able to pursue a statutory damage theory predicated on the number of direct infringers per work, defendants' damages could reach into the trillions," she wrote. "As defendants note, plaintiffs are suggesting an award that is 'more money than the entire music recording industry has made since Edison's invention of the phonograph in 1877.'"

While Wood conceded that the question of statutory interpretation was "an especially close question," she concluded that damages should be limited to one damage award per work.

"We were pleased that the judge followed both the law and the logic in reaching the conclusion that she did," said Lime Wire's attorney, Joseph Baio of Willkie Farr & Gallagher. "As the judge said in her opinion, when the copyright law was initiated, legislatures couldn't possibly conceive of what the world would become with the internet. As such, you couldn't use legislative history. Instead, the overarching issue is reasonableness in order to avoid absurd and possibly unconstitutional outcome." Baio, who is scheduled to represent Lime Wire when the damages trial begins on May 2, joked that the money that the record companies sought from his client would be better spent on paying for health care or wiping out the national debt.

Glenn Pomerantz of Munger, Tolles & Olson, who represented 13 record company plaintiffs, did not return requests for comment.

link: http://www.law.com/jsp/cc/PubArticleCC.jsp?id=1202486102650&Manhattan_Federal_Judge_Kimba_Wood_Calls_Record_Companies_Request_for__Trillion_in_Damages_Absurd_in_Lime_Wire_Copyright_Casehttp://hothardware.com/News/Record-Labels-Claim-Limewire-Liable-For-75-Trillion-in-Damages/

Sparknotes: read title
 
I dont know why you love that picture so much, you can buy one at my local malls coin shop. Hell my cousins have stacks of them
 
i feel like 75 trillion is an absurd retarted amount but somewhere in the billions isnt an unreasonable number considering how many illegal downloads actually happey. I am all for it and download illegaly but it definatly affects the record companies business
 
i can just imagine them walking in and bein all "we are gonna SUE you, for 75 TRILLION DOLLARS!" like a scene from an Austin Powers film.

 
No point in suing for that amount. In order to go through it you would have to drop $31,000 bucks a second for the next 75 years.

It's not like anyone will put that up anyway...Am i missing something?
 
It's funny because at the time those were printed in Zimbabwe, it was cheaper to wipe your ass with stacks of those bills than it was to buy a roll of toilet paper....not really funny but ironic.
 
Music has become free, which is how it should be. I'll support an artist that i think deserves it, but fuck throwing more money into the blackholes of the major labels when i can get it for free.
 
exactly, I buy the albums of artists i like, I got to shows for many of the artists on my Ipod. The vast majority of a fee in a CD or online track purchase goes to the record label, not the artist, it is not really the artists who are loosing out on money in Peer to peer net works, it is the record labels (who are notorious for ripping artists off). Unfortunately the major labels have enough money they can pull lawsuits on every one.

Glad I live in Canada!
 
1.29 is a rediculous amount of money to pay for a single song. The fact they think people will pay this amount for almost any song or album they want is pretty bad.
 
The RIAA is trying to scare off peeps who plan on creating such programs in the future. Not a really effective strategy considering Frostwire had been around for a while and is an exact copy of Limewire.
 
drevil.jpg
 
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