The $75,000,000,000,000 lawsuit against LimeWire

[I-MilkShake-I]

No, that is not a typo. LimeWire is being sued for more money than what physically exists as cash on the planet today. Apologies if you folks already discussed this, but perhaps one more refresher just to grasp the scope of it all:

Does $75 trillion even exist? The thirteen record companies that are suing file-sharing company Lime Wire for copyright infringement certainly thought so. When they won a summary judgment ruling last May they demanded damages that could reach this mind-boggling amount, which is more than five times the national debt.

Manhattan federal district court judge Kimba Wood, however, saw things differently. She labeled the record companies' damages request "absurd" and contrary to copyright laws in a 14-page opinion.



The record companies, which had demanded damages ranging from $400 billion to $75 trillion, had argued that Section 504(c)(1) of the Copyright Act provided for damages for each instance of infringement where two or more parties were liable. For a popular site like Lime Wire, which had thousands of users and millions of downloads, Wood held that the damage award would be staggering under this interpretation. "If plaintiffs were able to pursue a statutory damage theory predicated on the number of direct infringers per work, defendants' damages could reach into the trillions," she wrote. "As defendants note, plaintiffs are suggesting an award that is 'more money than the entire music recording industry has made since Edison's invention of the phonograph in 1877.'"

[Mr.Amitoz]

having a hundred thousand 100,000 is alot but Trillion !!!!! OMG!

[I_BULLET_I]

Limewire is amazing, I Was paying for it about 2 years ago, They are a great!

they are bad, very bad. Full of virus', i didnt even know people still used this software

[Potassium]

Let's ask Bill Gates! =D

Its trillion not billion

[PsYcHoSiS]

they are bad, very bad. Full of virus', i didnt even know people still used this software

It doesn't exist anymore.. Limewire hasn't been up for a good while now

[Purple Passion]

Nahh Frostwire For The Win

[ciunas]

Greedy music companies don't they already have enough.

[Nummpty]

No, that is not a typo. LimeWire is being sued for more money than what physically exists as cash on the planet today. Apologies if you folks already discussed this, but perhaps one more refresher just to grasp the scope of it all:

Does $75 trillion even exist? The thirteen record companies that are suing file-sharing company Lime Wire for copyright infringement certainly thought so. When they won a summary judgment ruling last May they demanded damages that could reach this mind-boggling amount, which is more than five times the national debt.

Manhattan federal district court judge Kimba Wood, however, saw things differently. She labeled the record companies' damages request "absurd" and contrary to copyright laws in a 14-page opinion.



The record companies, which had demanded damages ranging from $400 billion to $75 trillion, had argued that Section 504(c)(1) of the Copyright Act provided for damages for each instance of infringement where two or more parties were liable. For a popular site like Lime Wire, which had thousands of users and millions of downloads, Wood held that the damage award would be staggering under this interpretation. "If plaintiffs were able to pursue a statutory damage theory predicated on the number of direct infringers per work, defendants' damages could reach into the trillions," she wrote. "As defendants note, plaintiffs are suggesting an award that is 'more money than the entire music recording industry has made since Edison's invention of the phonograph in 1877.'"

Lol Limewire Dont Even Have $75 Trillion

[Hondarydr]

Limewire is amazing, I Was paying for it about 2 years ago, They are a great!

Why were you paying for it? All they did with pro is not limit your download speed and a few other little tweaks, you can get FrostWire for free and it has everything LimeWire pro had...

[iCopy]

Who has to pay that lol sucks for them

[ZoneHD]

Let's ask Bill Gates! =D

IF you added up every single person on the top 10 you wouldnt even get that much.

I wonder does zimbabwae currency count :carling: