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| RIAA thinks Limewire owes $75 trillion in damages | |
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+4bobbitt15 Birdofthad timthebim KingsOwn19 8 posters | Author | Message |
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KingsOwn19 Administrator
Favorite Fighter(s) : Lyoto Machida, BJ Penn, Anderson Silva,Dan Henderson, Emelianenko Fedor, Josh Barnett Posts : 12421 Join date : 2009-07-16 Location : Northern California
| Subject: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 4:30 pm | |
| I love the judges sheer ownage of their claim in the quote in bold. I do think sites such as Limewire are bad..mainly because these sites do in fact take money away from the recording artist and thats not right..but these RIAA asshats are nutbags and need to be destroyed. Hell, artists like Radiohead and Nine Inch Nails who turned away from the RIAA and sold their stuff on the internet are making more money then they did with the major labels and under the scope of the RIAA. http://www.pcworld.com/article/223431/riaa_thinks_limewire_owes_75_trillion_in_damages.htmlRIAA Thinks LimeWire Owes $75 Trillion in Damages By Sarah Jacobsson Purewal, PCWorld Mar 26, 2011 5:44 AM The music industry wants LimeWire to pay up to $75 trillion in damages after losing a copyright infringement claim. That's right . . . $75 trillion. Manhattan federal Judge Kimba Wood has labeled this request "absurd." You're telling me. To put that number into perspective (I bet a lot of you didn't even know "trillion" was a real number), the U.S. GDP is around 14 trillion -- less than one fifth of what the music industry is requesting. Heck, the GDP of the entire world is between 59 and 62 trillion. That's right, the music industry wants LimeWire to pay more money than exists in the entire world. Popular file-sharing service LimeWire was shut down last October, after Judge Wood found them liable for copyright infringement in May 2010. According to Law.com, the RIAA and the 13 record companies that are suing LimeWire for copyright infringement have demanded damages ranging from $400 billion to $75 trillion, and have claimed that Section 504(c)(1) of the Copyright Act allow them to request damages for each instance of infringement where two or more parties were liable. In other words, the RIAA thinks it should be entitled to damages not only for the individual works, but for every time that work was infringed (i.e. downloaded by another user). At the moment, about 11,000 songs have been identified as "infringed" material, and each song probably has probably been downloaded thousands of times. The RIAA thinks it should be compensated for each individual download. Judge Wood disagrees. In a 14-page ruling (PDF), Judge Wood said that the music industry is entitled only to a "single statutory damage award from Defendants per work infringed," for several reasons, including "Absurd Result." According to the document, the "Plaintiffs' position on statutory damages also offends the 'canon that we should avoid endorsing statutory interpretations that would lead to absurd results.'" The document goes on to read: "As it stands now, Defendants face a damage award that 'could be in the hundreds of millions of dollars, if not over a billion dollars.'" Judge Wood also points out that "if one multiplies the maximum statutory damage award ($150,000) by approximately 10,000 post-1972 works, Defendants face a potential award of over a billion dollars in statutory damages alone. 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. 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.'"This "absurd results" clause isn't anything new, Judge Wood points out. She mentions the 2010 Arista Records LLC v. Usenet.com, Inc. case, in which Arista Records requested the court calculate the damages by multiplying the maximum amount of damages ($150,000) by the number of infringements (878), or $131,700,000. The court found the defendants liable for $6,585,000, by multiplying the number of infringements by $7,500. Unfortunately, this still isn't great news for LimeWire -- while Judge Wood says the music industry is entitled to only a single statutory damage award per infringed work, there are still 11,000 works. That means LimeWire could still be liable for damages in excess of one billion. | |
| | | timthebim Platinum Belt
Favorite Fighter(s) : BJ PENN, JOSH KOSCHECK, SPIDER Posts : 16809 Join date : 2009-07-15 Age : 42 Location : Detroit
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 4:38 pm | |
| 75 trillion???? Just alittle greedy there. | |
| | | KingsOwn19 Administrator
Favorite Fighter(s) : Lyoto Machida, BJ Penn, Anderson Silva,Dan Henderson, Emelianenko Fedor, Josh Barnett Posts : 12421 Join date : 2009-07-16 Location : Northern California
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 4:53 pm | |
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| | | Birdofthad Platinum Belt
Favorite Fighter(s) : Ken shamrock, Frank Shamrock, Guy Mezger, Pete Williams, you get it Lions Den Posts : 17542 Join date : 2009-07-19 Age : 37 Location : D Town
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 5:17 pm | |
| Limewire has a much bigger problem imo.............like tons of child porn floating around on it | |
| | | bobbitt15 Gold Belt
Favorite Fighter(s) : Chael Sonnen, Michael Chandler, Jorge Masvidal, Carlos Condit Posts : 14830 Join date : 2009-07-16 Age : 35 Location : Cincinnati
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 5:18 pm | |
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| | | josh200612 Silver Belt
Favorite Fighter(s) : Rashad Evans #1!,Rampage,GSP,Couture,Chael Sonnen,BJ Penn,Robbie Lawler,King MO,Frank Mir Posts : 8931 Join date : 2009-07-16 Age : 39 Location : Charlotte , North Carolina
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 5:23 pm | |
| i'm pretty sure it's shutdown now. | |
| | | acccardinal12 Gold Belt
Favorite Fighter(s) : Cung Le, BJ Penn, Mayhem, Chael Sonnen, Anthony Pettis Posts : 10925 Join date : 2009-12-04 Age : 48 Location : Kentuckiana
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Sun Mar 27, 2011 8:09 pm | |
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| | | cascade_run Purple Belt
Posts : 1076 Join date : 2009-09-12
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Mon Mar 28, 2011 12:24 am | |
| Stopped using that shit when I found out about torrents. Got tired of thinking I was getting girls gone wild and really got grandmas gone wild, some things can't be unseen | |
| | | LA Platinum Belt
Favorite Fighter(s) : Lyoto Machida, BJ Penn, Anderson Silva, Jose Aldo Posts : 15046 Join date : 2009-07-15 Age : 37 Location : Boston, Mass and Los Angeles, California
| Subject: Re: RIAA thinks Limewire owes $75 trillion in damages Mon Mar 28, 2011 2:14 am | |
| Shooting high, settling low
I last had Limewire on a comp I'd say 2001 maybe | |
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