LimeWire Settling Lawsuit for $105 Million

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mayne92

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Aren't these the same companies that hate legitimate services like iTunes and-the-like also for 'cutting into' their profits? LOL
 
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And of that $105 Million, $50 Million goes to the lawyers, $50 million goes to taxes, $5 million goes to the record labels, and $0 goes to the bands that the RIAA claims to represent.
 

oneblackened

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^So true.^

As a musician myself, and I hope to make my livelihood playing music, I'm not a fan of major labels. They're like the Mafia, to be honest.
 

Toter

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Not sure how damages have been done if the companies lost "possible sales" but the fact people downloaded suggests that they weren't likely to buy the product anyway all be it i don't approve of getting something illegaly, the money should go to the bands if anyone they do all the work after all
 

memadmax

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Sigh, its all about the money.

These guys are just emulating the "hurt in a car accident"(my neck hurts boohoo) phenom that has plagued us and the health insurance industry for over a decade now. Other examples include the lawsuits for mesothelioma due to asbestos being installed back in the 1800's(which destroyed the insulation companies and cost thousands of jobs by the way), even people being sued for medications having bad side effects because the were rushed thru the testing process, and the same people moaned and groaned that medications were taking too long to reach the market, etc etc...

Anything to make a quick buck I guess....
 

cloakster

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They are so dumb if they think it is a victory. Limewire was terrible and i don't know why so many people use it when there was much safer and easier ways to download music for free.
 

icepick314

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write a check...

then check bounces...

tells RIAA to wait to get more funds to the bank...

tells RIAA the following week the new check is in the mail...

repeat till end of century...
 

alidan

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[citation][nom]memadmax[/nom]Sigh, its all about the money.These guys are just emulating the "hurt in a car accident"(my neck hurts boohoo) phenom that has plagued us and the health insurance industry for over a decade now. Other examples include the lawsuits for mesothelioma due to asbestos being installed back in the 1800's(which destroyed the insulation companies and cost thousands of jobs by the way), even people being sued for medications having bad side effects because the were rushed thru the testing process, and the same people moaned and groaned that medications were taking too long to reach the market, etc etc...Anything to make a quick buck I guess....[/citation]

with asbestos, its about companies knowing that their walls have it, and doing noting about it, the people who worked with it weren't informed, or protected even after the dangers were known.

with the "my neck hurts" you cant comment on that unless you ever had soft tissue injure. its VERY hard to see unless you are a specialist on the case, and many times the pain wont go away for months, even if its treated. you know those kinks you get in your neck because you sleeped on it wrong? imagine that but being a far more pervasive pain, that requires you to not move your head. people take advantage of the fact its hard to notice, but that doesn't mean that its a real, and expensive as hell thing to treat.

these record companies are doing the math like this, 1 song = 10-15$ and how many people downloaded the songs? we are f@#$ing rich if we can nail them. its a sick abuse of the justice system, that benifits no one but the parasites. if the bands got equal and fair compensation from these i would think differently, like one guy got 100 songs downloaded, so he gets 100-1500$ (depending on the math used to calculate cost) and another guy got 1000 songs downloaded he would get 1000-15000.

the majority of the money going to music ceos and laywes, it depresses me
 

Helltech

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What I never understood about this whole lawsuit is that LimeWire, everywhere you look in the program itself, before you install it, and on their website, they had very clearly stated that to use their product for illegal uses you made a "trust" not to use the product for copy write infringement. Now I don't claim to be an expert by any means on legality or anything of the such, but that would be like suing Ford every time someone performs vehicular manslaughter in a Ford car, it just doesn't make sense.
 

ThisIsMe

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So the money goes to the record companies, and nothing goes to the artists.

Just proves what everyone already thought about the actual true intentions of this lawsuit.
 

virtualban

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@Helltech
Well said.
The only problem is that there is no profit in manslaughter, that's why they don't go after anybody and let the justice system work. If there was coin to be made they would go against the drivers, the cars sellers, the car producers and even after the victims.
See, it makes perfect sense. Where there is profit, there is distortion of justice.
 

eddieroolz

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Warner Chief Executive Edgar Bronfman admitted that he was frustrated that LimeWire wasn't shut down or converted into a legal music service after the Grokster ruling by the U.S. Supreme Court back in 2005
I'm frustrated that you "executives" still don't get the clue.

We are pleased to have reached a large monetary settlement," RIAA Chief Executive Mitch Bainwol said in a statement, calling the settlement a victory for music providers that "play by the rules."
Now time to go after more innocent parties! Seriously, go away RIAA.
 
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