CrunchGear – Record Industry: Limewire Could Owe $75 Trillion – Judge: “Absurd”
So we’re all pretty desensitized by now to the mind-blowing stupidity on display by the record industry in its foolhardy attempts at assigning damages in piracy cases — was anyone surprised when they told one woman, who had shared 24 songs, that she owed nearly two million dollars? Yes, ridiculous. But this — this is beyond ridiculous. This is… sublime.
The record companies suing Limewire were asked to estimate the damages that should be paid by the file-sharing service. Their estimate? $400 Billion on the low end, and at the high end — $75 trillion dollars. That’s more than the GDP of the entire world.
The judge, in a refreshing stroke of good sense, deemed these potential damages “absurd” and the plaintiff’s approach “untenable”. The $75tn figure relies on an interpretation of copyright law that provides statutory damages for each instance of copying, and with the numbers of downloads and individual songs the industry is alleging, the money adds up quickly. Even the $400bn figure is certainly grossly inflated, however “conservative” it may appear to Virgin, Atlantic, Sony, and so on
via CrunchGear – Record Industry: Limewire Could Owe $75 Trillion – Judge: “Absurd”. The judge has exactly the right idea, absurd indeed.