Record companies suing for $75 Trillion.

YosemiteSam

YosemiteSam

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Oh man, the record companies are making a mockery of themselves. $75 trillion? Are you freaking kidding me!?!? I'm thinking theogt's behind this! :muttley:

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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.

Complete Story
 
dr_evil_one_million_dollars.jpg
 
nyc;3885708 said:
Oh man, the record companies are making a mockery of themselves. $75 trillion? Are you freaking kidding me!?!? I'm thinking theogt's behind this! :muttley:

===========================================

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.

Complete Story
Click to expand...

Give them a dollar
 
nyc;3885708 said:
Oh man, the record companies are making a mockery of themselves. $75 trillion? Are you freaking kidding me!?!? I'm thinking theogt's behind this! :muttley:

===========================================

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.

Complete Story
Click to expand...

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





I wouldn't give comment either. Talk about embarrassing. People wonder why your average joe hates attorneys?

THIS RIGHT HERE FOLKS!! 75 Trillion smackareeno's :eek:


Yeah seriously....
 
joseephuss;3885851 said:
They should be forced to pay out money just for being jerks about this.
Click to expand...


I understand they are just trying to send a message w/ this latest litigation against Limewire. What bothers me is that nobody in that firm used common sense when coming up w/ a number based in reality.

It honestly makes the clients and themselves look to be complete schmucks.
 
$75 trillion divided by 6 billion people in the world is $12,500 per person. I guess that is how much revenue they lost per person in the world. What a joke.
 
I hereby nominate these plaintiffs and their shysters for the award of Moron of the Year.
 
The part I love is when they sue and get thousands per song....when they're really only out $0.99 for each download. They should just make people pay the $0.99 they would have spent. And that's just for some people. A lot of people just wouldn't get the song if they couldn't download it for free. So a ton of downloads the music industry isn't "out" that revenue.

:bang2: :bang2:
 
kmp77;3885955 said:
The part I love is when they sue and get thousands per song....when they're really only out $0.99 for each download. They should just make people pay the $0.99 they would have spent. And that's just for some people. A lot of people just wouldn't get the song if they couldn't download it for free. So a ton of downloads the music industry isn't "out" that revenue.

:bang2: :bang2:
Click to expand...

The problem with this is that everyone would download and then if caught pay the price of the individual songs.

They want to stop people from downloading. Charing the going rate isn't going to do it.

It's their stuff and they are entitled to it but it doesn't mean they should be able to sue someone for the price of the universe.

75 trillion? Why stop there? Should have went to gazillion.
 
kmp77;3885955 said:
The part I love is when they sue and get thousands per song....when they're really only out $0.99 for each download. They should just make people pay the $0.99 they would have spent. And that's just for some people. A lot of people just wouldn't get the song if they couldn't download it for free. So a ton of downloads the music industry isn't "out" that revenue.

:bang2: :bang2:
Click to expand...

If you rob a bank you should just have to give back the money if you get caught but not go to jail, am I right?

The people that actually get sued over this stuff are usually the people who are sharing a huge library of music, not some guy who downloads a couple CDs here and there.

That being said, I've always been against piracy, and I continue to tell my friends who pirate music that if they don't have the balls to go into a record store and steal the CD then they don't deserve to be stealing it the way they are, but that's because I'm not a thief.
 
Joshmvii;3886071 said:
If you rob a bank you should just have to give back the money if you get caught but not go to jail, am I right?

The people that actually get sued over this stuff are usually the people who are sharing a huge library of music, not some guy who downloads a couple CDs here and there.

That being said, I've always been against piracy, and I continue to tell my friends who pirate music that if they don't have the balls to go into a record store and steal the CD then they don't deserve to be stealing it the way they are, but that's because I'm not a thief.
Click to expand...

Exactly. A roommate of a former employee got nailed not too long ago for downloading movies. He used to brag that he never went to the movies or rented because his roommate got the downloaded bootlegs out of China before the movie made it off of the main marque. I love the fact that he justified it by "he doesn't burn and sell all of them." Neither of these cats were particularly bright as they advertised when they had new releases on Facebook.

If anyone sees a court case come up in San Francisco over a few hundred movies downloaded, burned, and sold, shoot me the link. It might be those two idiots.
 
Given the Record Industry's history of corruption, theivery, and abuse of the very musicians who give them the content they so lovingly get fat from, this is such a joke. If you sent every band a dime for every song you downloaded, they'd make more money than they would from their CD sales for that song.

The industry is trying to get keep an ancient and decrepit system going that allows them their parasitic control. But the genie's out of the bottle.
 
I remember when some people disparaged having more nuclear weapons because as they put it: what is the point except to make the rubble bounce one more time?

I guess one could look at this really moronic lawsuit in the same manner.
 
arglebargle;3886089 said:
Given the Record Industry's history of corruption, theivery, and abuse of the very musicians who give them the content they so lovingly get fat from, this is such a joke. If you sent every band a dime for every song you downloaded, they'd make more money than they would from their CD sales for that song.

The industry is trying to get keep an ancient and decrepit system going that allows them their parasitic control. But the genie's out of the bottle.
Click to expand...

Bingo. The number ($75 Trillion) isn't absurd enough. Let's borrow a number from Scrooge McDuck. Let's award them a Maximajillion Dollars and see if they can figure what that might mean.
Artists I know are using the Net as a means of marketing and selling their product directly. I'll buy from them, if given the chance. Record companies ae going the way of video rental stores. The old business model is dead. See-Ya.
 
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