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[Wired]Wrong priorities: Limewire owes $1 billion+, BP owes $69 million...

post #1 of 88
Thread Starter 
Because sharing music is 14.5x more damaging than catastrophic oil spills.

Very short article-
Quote:
The record labels have told a federal judge LimeWire is liable for possibly “over a billion dollars” — the latest sign that the industry is seeking to annihilate the New York-based file sharing company.

The Recording Industry Association of America’s court filing Monday comes a week after the labels asked U.S. District Judge Kimba M. Wood to shutter LimeWire (.pdf). Weeks before, the New York judge ruled LimeWire’s users commit a “substantial amount of copyright infringement” (.pdf) and that the Lime Group, the company behind the application, “has not taken meaningful steps to mitigate infringement.”

“The amount of statutory damages awarded in this case easily could be in the hundreds of millions of dollars (if not over a billion dollars),” the RIAA wrote to Wood, in seeking a court order to freeze LimeWire’s assets (.pdf). The Napster case eventually settled for more than $300 million.

The RIAA’s latest court filings underscore that the record labels are seeking to shutter and financially decimate the company. Two weeks ago, Zeeshan Zaidi, LimeWire’s chief operating officer, said he was hoping to work out a licensing deal with the labels to enable them to sell their music on LimeWire’s online store.

The Copyright Act allows fines of up to $150,000 per infringement.
Wired

We should all become pirates, but not the basement computer geek music and movie theft type pirate!
Edited by PDXMark - 6/8/10 at 2:27pm
post #2 of 88
i always told everyone to stop downloading music ilegally = /
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post #3 of 88
RIAA vs PETA - Go
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post #4 of 88
Quote:
Originally Posted by PDXMark View Post
Because sharing music is 14.5x more damaging than catastrophic oil spills.

Very short article-


We should all become pirates, but not the basement computer geek music and movie theft type pirate!
People hate on Limewire, but they keep so many Anti-Virus suites and small computer shops alive that without them our economy might fall flat on its face.
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post #5 of 88
I hope my piracy kills a few hundred herons and fifty dolphins.
    
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post #6 of 88
I hope my past piracy comes back and kills a whale!!
post #7 of 88
Thread Starter 
Quote:
Originally Posted by XiDillon View Post
I hope my past piracy comes back and kills a whale!!
I was hoping that the one time I downloaded a movie would cease oil production... Man was I wrong!
post #8 of 88
source.
    
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post #9 of 88
Thread Starter 
Quote:
Originally Posted by slothfish View Post
source.
Your mom!

Joking, click!
post #10 of 88
This is stupid, trying to downplay internet piracy with financial comparisons to the oil spill. That's like saying since Bob owes Jim $100, but Ray burned Bill's $200,000 house down that Jim should forget the money owed him.
    
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