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Friday, 25 March 2011 10:42

Recording industry damages claim mocked by judge

Written by Nick Farell

$75 trillion dollars? Face reality guys
The Recording Industry has made a habit of believing its own fantasy about the cost of piracy to its own operation.
However this is fast proving to be a liability in court. In the case of its damages claim against Limewire, Recording Industry lawyers showed how out of touch they were with reality when they claimed that the outfit owed them $400 Billion on the low end, and at the high end $75 trillion dollars.

Let us put this claim into perspective. The high end of the scale is more than the entire GDP of the whole world. So somehow the entertainment industry would have netted all the money ever made in the world if it had not been for P2P piracy. At the lower end of the scale the industry claims that it would have earned more than the oil rich Gulf nations did in a year.

For the first time, it appears that a Judge deemed these potential damages “absurd” and the plaintiff’s approach “untenable”. It is a pity he didn't lock them up for being so stupid and wasting his time.

Nick Farell

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+63 #1 dineaudio 2011-03-25 11:34
They're a bunch of losers. :)
+54 #2 Warhead 2011-03-25 11:39
Piracy DOES NOT equal loss sale ...

Don't remember my father complaining about the Recording Industry sueing people for lending cassete tapes to other people.
+61 #3 Warhead 2011-03-25 11:42
By the way, I give some credit to this very brave and smart Judge!!!
+48 #4 ghelyar 2011-03-25 11:49
If you could lock people up for being stupid, we would live in a nicer world.
+42 #5 deadspeedv 2011-03-25 12:15
Lets put $75 trillion into more perspective. If each song was $2 and was 4MB in size then everyone in the world (including places without internet) would have to pirate 21.6GB worth of music. :o

How the hell did they calculate that considering only about 30-40% of the population have internet.
+35 #6 123s 2011-03-25 12:20
Yay, a decent judge.

MAFIAA guys get more crazy every day, somebody had to tell them already.
+19 #7 FlOw 2011-03-25 12:34
Quoting ghelyar:
If you could lock people up for being stupid, we would live in a LONELIER world.


Not saying i like stupid people, just saying so, so many people ARE stupid.
+13 #8 SlickR 2011-03-25 21:26
someone needs to beat the shit out of these record industry guys for being absolute [censored]ing morons with no brain at all and then put in jail for the rest of their life in a solitary confinement.
+7 #9 GrumpyOldMan 2011-03-26 00:49
Story Update: Judge Lars overturned the decision.

75 trillion? Sounds like a line from Dr. Evil.

Honestly though, the US government owes China about half that.
-1 #10 karlsbad 2011-03-28 17:14
My dental fillings download these things. Should I have to pay for having a tweeter tooth?

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