RIAA Sues Limewire for $72 Trillion

MediaBuysEyez

MediaBuysEyez

dialin' for dollars
Jan 27, 2011
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LV, NV
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LOS ANGELES (CBS) — The Recording Industry Association of America is reportedly suing now-defunct music downloading service LimeWire for $72 trillion. Yes, we said trillion.

“An award based on the RIAA calculations would amount to more money than the entire music industry has made since Edison’s invention of the phonograph in 1877,” Judge Kimba Wood states in documents filed at the U.S. District Court for the Southern District of New York.

In the suit, the RIAA says more than 11,000 songs have each been illegally downloaded thousands of times.

It’s seeking compensation for each download, but with the estimated worth of the entire planet being roughly $60 billion, RIAA certainly won’t be collecting that much cash.

However, LimeWire could still be ordered to pay up more than $1 billion.
Click to expand...

Source: RIAA Sues Defunct Music Downloading Service ‘LimeWire’ For $72 Trillion « CBS Los Angeles

This is the RIAA venting its anger that iTunes was ever invented. LOL

Wait until they bring their lawsuit against Kim DotCom

Kim-Schmitz-megaupload-prison-jail.jpg
 


now i cant get this out of my head. time to watch Austin Powers.

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1. Create music
2. Let others pirate it
3. Wait
4. Find offending websites/companies
5. Sue for $72 trillion
6. ???????????????
7. PROFIT!
 
Guess they are going to have to update "copy-write math" video from TED to include this one
 
I will sue STS for taking my best years of life out of me. Please like this post if you support me and want a chunk of 2 trillion dollars I'm gonna win.
 
I also love how nobody ever bothers suing Google (YouTube) for hosting thousands of copyrighted music vids.
 
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