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[Geek] Record companies request $75 trillion in damages from LimeWire

post #1 of 201
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An amount only Dr. Evil would naively ask for is actually being requested from the thirteen record companies that are suing file-sharing company LimeWire for copyright infringement. The amount is so preposterous that Manhattan Federal Judge Kimba Wood called the request “absurd.” The record companies are asking for $75 trillion, a number that is more than five times the national debt.

After the loss of Napster, people had to seek other means of finding free music files online. LimeWire has been under a lot of heat from the record industry for sharing files. In May 2010, the company was found liable for copyright infringement. A month later, the company was told it owed $1 billion by the Recording Industry Association of America. Then, in October 2010, LimeWire was shut down.

Source

P2P Music File Sharing Dropped After Limewire Shutdown, NPD Says <<< More In The News about Limewire & P2P..

$75 Trillion, man that's an insane amount of money, do they want to pay off the national deficit or something? lol!
Edited by _GTech - 3/24/11 at 6:54am
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post #2 of 201
That's how you sue someone/thing out of existence
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post #3 of 201
Those poor poor record companies..... I just don't understand how these Record execs can afford to keep fueling up their yachts with all this piracy going on....

Not that i approve or support Limewire, but i'll loan them a few trill to help them get by....
    
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post #4 of 201
yeh.... like theres $75 trillion in the world

i think all regulatory commissions would get their throats slit and buildings bombed before they sue everyone
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post #5 of 201
Wow, that's never going to happen, at least sue for an amount that's reachable for a company, especially for lime wire.
post #6 of 201
Quote:
Originally Posted by dyinganotherday View Post
yeh.... like theres $75 trillion in the world

i think all regulatory commissions would get their throats slit and buildings bombed before they sue everyone



I wonder if LimeWire is actually legally responsible for the piracy that users engage in with its service. There ought to be something in their ToS to protect them, like "All shared content is the property of the uploader..." or something like that. Also ROFL at $75t.
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post #7 of 201
Just goes to demonstrate how absurd current penalties are.

The entire world wide music recording industry didn't make $75 trillion dollars over the 100 or so years the were around before internet piracy was common place. They couldn't possibly have suffered even a fraction of a percent of the damages they claim.
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post #8 of 201
That's pathetic
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post #9 of 201
Good thing is it'll never get passed
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post #10 of 201
So Limewire gave music worth ~5x the US National Debt?



...ooooh, I don't think so.
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