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Record labels want $75 trillion in damages from LimeWire

Written by Andre Yoskowitz (Google+) @ 24 Mar 2011 13:42 User comments (19)

Record labels want $75 trillion in damages from LimeWire Prompting Federal Judge Kimba Wood to call the request "absurd," the record labels are demanding $75 trillion from the now deceased file-sharing giant LimeWire over copyright infringement.
At its peak, the P2P client had 50 million active users trading hundreds of millions of files.

Late last year, LimeWire was officially shut down, following a federal ruling that found the company liable for copyright infringement. Within a month, the RIAA won its case and demanded $1 billion from the dead site.

Law.com says "the record companies demanded damages ranging from $400 billion to $75 trillion, and argued Section 504(c)(1) of the Copyright Act that provided for damages for each instance of infringement where two or more parties were liable."

Judge Wood did call the filing ridiculous, noting that the award would be many times more than the music industry has made, combined, since the invention of the phonograph in 1877.

Wood concluded that all damages should instead be limited to one per work. The number will still be massive, however.

The damages trial begins in early May.

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19 user comments

124.3.2011 14:13

absurd!

224.3.2011 14:13
cdxanti
Inactive

ah hahahahahaha like that'll happen. Where the hell is that money going to come from.


011110010110111101110101011100100010000001101101
0110111101101101

324.3.2011 14:20

So every single person on the face of the planet averaged $10,000 of stolen songs on Limewire. Nice work RIAA, way to make your dying business model look credible.

I haven't bought or downloaded a record in over 5 years. Maybe stop pumping out manufactured garbage and accept the game has changed and people will want to buy more.


^ PEBKAC ^

424.3.2011 14:20
lissenup3
Inactive

75 trillion is about 68 trillion MORE THAN the United States' national deficit.

F you record labels. May you foreclose and collapse for even asking.

524.3.2011 18:12

With frickin' lasers attached to their heads!!!1

624.3.2011 19:21

Ask Ben Bernanke, he might just print it for you.

724.3.2011 22:00

I just want to say LOL
I mean, you can't really do anything else but laugh at this.

825.3.2011 4:59

$75 trillion dollars? That’s more than the GDP of the entire world.
http://www.crunchgear.com/wp-content/uploads/2011/03/facepalm4.jpg

This message has been edited since its posting. Latest edit was made on 25 Mar 2011 @ 5:01

Live Free or Die.
The rule above all the rules is: Survive !
Capitalism: Funnel most of the $$$ to the already rich.

925.3.2011 9:04

AHAHAHAHA
75 TRILLION

1025.3.2011 12:54

Do they take American Express?


Oh, Im sorry... Did the middle of my sentence interrupt the beginning of yours?

1125.3.2011 15:58

One little suggestion: Perhaps making the judge in the case consider you to be a complete idiot, even before your opening arguments, may just not be the best way to present your case?

I'm jus' sayin' ......

1225.3.2011 17:22

Absurd totally stupid
75 trillion"! i hope LimeWire resurect again and steal another 75 trillions

1325.3.2011 19:33

Well this is an irresistible topic for many of us. I wonder how they arrived at that number. Maybe that total media world sales for the last 50 years and multiply by 10. That sounds fair to me!

1425.3.2011 20:34
llongtheD
Inactive

If this doesn't completely invalidate the credibility of the RIAA, nothing will. Of course they had little to none to begin with.


If your fish seems sick, put it back in the water.

1525.3.2011 22:41

I sometimes wonder what would happen if record label sold tracks realy cheaply say 10 cents a track. I would buy at that price and I'm sure a lot of people would too, no more pirates.... well some.... there will always be.... but I'm sure the record companies would take more money than they ever dreamed of

But not 75 Trillion ( I wonder how much of that would go to the artists)

1626.3.2011 2:41

Why is nothing happening to beemp3 and frostwire. All of the lime pirates are probably running to them.

75 Trillion? That's like how much the earth is worth!

1726.3.2011 2:57

Originally posted by numinbah:
I sometimes wonder what would happen if record label sold tracks realy cheaply say 10 cents a track. I would buy at that price and I'm sure a lot of people would too, no more pirates.... well some.... there will always be.... but I'm sure the record companies would take more money than they ever dreamed of

But not 75 Trillion ( I wonder how much of that would go to the artists)
I've said this for a long time...imagine if the labels, in 1999, 2000, started selling tracks online, in MP3, for $.50 a piece...would there even be any piracy?

1927.3.2011 0:16

Originally posted by hikaricor:
With frickin' lasers attached to their heads!!!1

Tan tan taaaan!!!
Mwaaaahaaa haa haa haa! Mwaaaahaaaa haa haa haa!

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