RIAA Demands LimeWire Compensate It BillionsAdded: Tuesday, June 15th, 2010
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
Another step of RIAA after celebrating a victory handed out by the US District Judge is to ask the court to freeze all assets of LimeWire and its owner, with the reason that the P2P service is entitled to huge damages, amounting to millions if not billions of dollars due to the massive infringement it was recently hold responsible for. Now the industry wants the court to freeze all of LimeWire’s assets in order to prevent the service from any further actions intended on isolating its assets from the future court decision. The decision mentioned is the future damages portion, where the trial will determine how much the company and its creator owe RIAA. As the RIAA itself claims, this amount could total in billions.
It’s not really clear how the RIAA is going to prove the damages. It actually admits it can’t do that precisely, but instead refers to statutory damages covered by the Copyright Act for each case of copyright violation that took place. According to the legislation, the amount can range up to $30,000, or even $150,000 in case of willful infringement. As the RIAA can’t calculate the number of instances of infringement, it’s unclear why it names the figure of several billions, and why it’s not, say, trillions.
If we turn to the example of the first person convicted for unauthorized file-sharing in the country, Jammie Thomas, we will see that she was found guilty of the willful copyright violation and ordered to pay fines of $80,000 per each instance of infringement. This brought her tab to $1.92 million for sharing 24 tracks. By the way, she later had her penalties reduced to $2,250 per track, as the judge decided that statutory damages should be related to actual damages. However, this case involved a person whom a judge couldn’t charge $2 million just for unauthorized distribution of 24 songs.
Unlikely, LimeWire will hardly get any sympathy from the judge as the P2P service has been facilitating sharing of millions of copyrighted files over many years. This means that if the judge rules LimeWire is liable for the same willful violation as Jammie Thomas, the damages could reach an astronomical figure. Actually, the RIAA doesn’t even need to provide proof for too many instances of infringement, as even several hundred will be enough to break the P2P network’s piggy bank.
June 15th, 2010Posted by:
Tuesday, June 15th, 2010
|posted by (2010-06-15 12:28:14)|
|omg when will they finally give the fook up ?! thanks for the read SaM|
|heres a idea, hack the RIAA's finances, donate all the money to United States Pirate Party. then there will be a even match.|
|posted by (2010-06-16 02:15:11)|
|wow am sorry for the owners of limewire|
|greed is an evil thing|
|@ # 2. That would work however their going bankrupt spending all their money on suing poor people|
|lets see if I have this straight? The RIAA is demanding money in the Billions? Without even proving real losses?|
I try that in court and I'll get my butt kicked out of it.
Limewire make them PROVE THEIR ACCUAL LOSSES; YOU HAVE TAHT RIGHT.
That should tie up the RIAA for the next 100 years trying to figure it out and before that they will be gone like the Dinosaurs.
|posted by (2010-06-17 04:39:23)|
|billions huh... good luck tryin to collect even 1% of that|
|there should be a class action suit against them for all the years they over charged everyone.|
and instead of bothering americans and brits, there are billions of people in china getting everything for free and they dont get any problems from anyone. why? because the american and uk government allows big business to do what every they want and they can afford expensive lawyers to twist things around to make them always right.
maybe people arent downloading as much as they think, people are just fed up and stopped buying new music.
you can record music off the radio, let them sue radio stations for sharing music.
|posted by (2010-06-17 19:23:05)|
|I hate all these greedy freakin' music companies and movie execs. They only care about their bonuses and their bottom line which they also get on the backs of artists. If it wasn't p2p it would be someone else these idiots would be after. Take your lawsuits and shove them so far up your rear that you can read the fine print without coming out. Leave us alone!||
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