RIAA: LimeWire owes record labels $1.5 trillion

Posted on Wednesday, June 09 2010 @ 0:30 CEST by Thomas De Maesschalck
P2P Net reports RIAA is trying to get $1.5 trillion from LimeWire
Now it looks as though one Kelly M. Klaus (right) of Munger, Tolles & Olson, yet another RIAA posse, wants Wood to order LimeWire owner Mark Gorton to pay $1,500,000,000,000 for 200,000,000 alleged downloads, at $750 per.

To whom? To Arista Records, Atlantic Recording, BMG Music, Capitol records, Electra Entertaiment, Interscope Records, Motown Recording, Priority Records, LaFace Records, Sony BMG (?), UMG Recordings and Warner Bros Records.

That’s one point five trillion dollars.

If you think that’s ridiculous, bear in mind the labels were once awarded almost $2 million because Jammie Thomas-Rasset allegedly downloaded 24 copyrighted songs.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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