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LimeWire owes the RIAA 1.5 trillion?

Posted 09 June 2010 05:12 CET by Randomus

The ongoing legal drama between file sharing program LimeWire and the Recording Industry Association of America (RIAA) has taken another twist, with at least one attorney claiming LimeWire owes the RIAA more than $1.5 trillion.

Specifically, Kelly M. Klaus, with the Munger, Tolles & Olson law firm, believes LimeWire has to pay $1.5 trillion for 200,000,000 alleged copyrighted music downloads, which is $750 per infringement.

“As in Grokster and Aimster, Plaintiffs have been and will be irreparably harmed because Lime Wire will most likely be liable for more in damages than it will ever be able to pay,” Klaus said in a legal brief.  ““Plaintiffs seek statutory damages under the Copyright Act as a remedy for Lime Wire’s unlawful conduct. (First Amended Complaint ¶¶ 74, 87, 99). Where the defendant’s conduct is willful, the range of statutory damages runs from $750 to $150,000. See 17 U.S.C. § 504(a)(2)-(c).”

It’s obvious the RIAA won’t be able to secure such a major monetary settlement — and it’s just further proof the RIAA is only in it for the money.  If the RIAA wants to try and figure out how to convince consumers to stop using P2P, John Doe lawsuits and shutting down P2P clients is the wrong way to go about it.

Furthermore, there are several new LimeWire-like clients that are already available — and shutting down the original LimeWire — seems like it could be a waste of time.  If anything, it’ll be a morale booster and money maker for the RIAA, but it will mean very little.

The RIAA has filed an injunction asking for LimeWire to be permanently closed down, although the service has been given a temporary reprieve.  Critics argue that shutting down LimeWire will do very little in the overall battle against P2P piracy, with numerous other P2P services already flourishing.

LimeWire has been under higher U.S. government scrutiny since May 2009, with lawmakers then calling for file sharing legislation.  Since then, LimeWire has been under growing pressure to crackdown on piracy – and has been unable to appease the RIAA and lawmakers.

Dartman
MyCE Resident
Posted on: 09 Jun 10 03:24
Well good luck with that, lie they think anyone is going to fork over that kind of money. Do they think they are suing a country?
I don't think anyone cares what they say about the issue anyways as all they know is sue everyone and hope it goes away and they make money from folks any way they can till they go away for not being able to adapt to changing times.
0 Agree

Zzyzxroad
MyCE Senior Member
Posted on: 09 Jun 10 03:35
Mr. President- "Dr. Evil, this is 1969. That kind of money doesnt even exist!!"
0 Agree

ivid
MyCE Resident
Posted on: 09 Jun 10 04:27
LoL

one TRIIIIIIIIIILION dollars
0 Agree

DukeNukem
MyCE Resident Commenter
Posted on: 09 Jun 10 14:29
Will they take a post-dated cheque?
0 Agree

iamrocket
Dedicated DoMi groupie
Posted on: 09 Jun 10 14:46
How can they claim more in damages then the sum total of the entire recording industry and Limewire put together? lawyers are amazing!
0 Agree

Blu-rayFreak
MyCE Resident
Posted on: 09 Jun 10 20:20
I agree with Dartman, who do they think LimeWire is, the US Government? :-P
0 Agree

Dr. Who
MyCE Resident
Posted on: 09 Jun 10 21:20
Just in!

Quote:
Limewire now asked for a bailout
0 Agree

Baldrac
New Member
Posted on: 10 Jun 10 14:46
I'm sorry, but the RIAA and their lawyers are idiots. The artists need to shut them down and deal directly with the public, This will be better for everyone in the long run.
0 Agree

Circlestrafe
MyCE Junior Member
Posted on: 10 Jun 10 14:52
Whatever Kelly's smokin' gimme some of that! And the RIAA owes me for all the songs I had to shell out money for back when they forced us to buy multiple songs on CDs. I did a quick calculation on my broken Speak n Spell and throwing in half the world's population who were scammed in the 80s...it comes to $372,858,675,309 and 17 cents, but I'm not one to get greedy, so I'll just round it down.
0 Agree

auwingr
New Member
Posted on: 10 Jun 10 17:08
Is anyone, besides me, getting tired of hearing about the RIAA?
If the recording industry made their prices so low that it made piracy more of a hassle than just buying the media, wouldn't that solve the problem?
Or is there more money in the tort system?
0 Agree

Blu-rayFreak
MyCE Resident
Posted on: 10 Jun 10 17:19
Radiohead lead singer Thom Yorke says the big Music Industry record labels are dying: http://www.thisislondon.co.uk/standard/article-23842367-dont-sign-to-a-major-label--theyre-dying-radiohead-singer-warns-young-musicians.do
0 Agree

mciahel
Senior Moderator
Posted on: 10 Jun 10 18:54
Quote:
Originally Posted by Blu-rayFreak
Radiohead lead singer Thom Yorke says the big Music Industry record labels are dying:
--> http://club.myce.com/f83/dona-t-sign...iohead-312994/

Michael
0 Agree

Mr. Belvedere
MyCE Resident
Posted on: 10 Jun 10 20:35
Just 1.5 trillion dollars? No problem.

http://upload.wikimedia.org/wikipedi...09_Obverse.jpg
0 Agree

ArtMuscle
New Member
Posted on: 10 Jun 10 21:08
What a joke. If the whole industry isn't even worth that kind of money, how could Limewire have created that kind of loss for them? Whatever happened to putting caps on lawsuits? When businesses are fined, we are the ones that end up paying in the long run because they just pass the cost on. Example . . . every time the big oil companies are fined, the prices go up at the pump. The might as well just fine us and eliminate the middle man.
A few years ago, you could buy just about any good quality CD for $11.98. Then the industry decided to cheapen the quality of CDs and raise the price to almost double. They shot themselves in the foot. They only have themselves to blame for all the problems they've been facing these past few years with P2P networks. I use to buy CDs all the time. I have close to 1700 of them. Now that the price is so high, I watch music channels like Pladia on Satellite TV and listen to SiriusXM and rarely buy music any more.
0 Agree

gollywog50
New Member
Posted on: 10 Jun 10 21:52
yes it's all a joke , the top 100 hits are on tv each week complete with clip video clip simply record onto dvd recorder . are they thick or what.
0 Agree

Drum
MyCE Member
Posted on: 11 Jun 10 10:57
Quote:
Originally Posted by Baldrac
I'm sorry, but the RIAA and their lawyers are idiots. The artists need to shut them down and deal directly with the public, This will be better for everyone in the long run.
RIAA is The Recording INDUSTRY Association of America. They don't represent artists the represent the big music companies. They know there is no way to stop sharing and are more than happy to keep fighting. They are all bloodthirsty Lawyers and more billable hours is more money. They really don't care about file sharing, it is just how they get rich an everyone's expense. The US has more than 75% of the lawyers in the world and universities pump out thousands more every year. They all want to get rich and don;t care how they do it.
0 Agree

SouthOMike
MyCE Rookie
Posted on: 11 Jun 10 19:20
For the next fairytale.... The RIAA may collect their stated amount from LimeWire, forcing them out of business, put all execs on suicide watch and then they'll turn the money over to the Government to help erase part of the national debt, right? Right? Hello, is this thing on...
0 Agree

Chicago_Guy1
MyCE Rookie
Posted on: 17 Jun 10 17:30
Since the supreme court ruling against the NFL in the American Needle vs NFL case (see in MYCE http://club.myce.com/f94/nfls-loss-supreme-court-could-have-ripple-effect-cba-talks-312465/#post2521704) the lawyers should have the case dispmissed on grounds that the RIAA can not sue on behalf of the recording artist,. That each artist must independently file thier own legal suit. The way I see it this puts both the RIAA and MPAA out of the lawsuit business
0 Agree

Grim107
MyCE Member
Posted on: 06 Aug 10 19:14
Contrary to popular belief, the RIAA isn't in it for the money. They just want what's fair for everyone.
0 Agree

coolcolors
MyCE Resident
Posted on: 06 Aug 10 22:59
Quote:
Originally Posted by Grim107
Contrary to popular belief, the RIAA isn't in it for the money. They just want what's fair for everyone.
Man, another MPAA/RIAA propaganda messenger again.... well they ever stop...cause they aren't winning any battle soon...espically p2p just keeps on growing and growing....their own model of sue sue hasn't stop p2p from expanding and more coming online everyday...that should tell you the extend of their greed in the MPAA/RIAA mindset...
0 Agree

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