$500 million in damages? Where are these figures coming from and who is making the calculations? I somehow have a feeling these people are basing this on the assumption that every person who downloaded anything would have bought it if the download was not available. That is in no way true, I doubt anywhere near $500 million was lost cause of this, I believe most who downloaded would have just passed these things by if they could not download. No sales were lost, the RIAA and MPAA are just seeing a chance for a money grab and are going for it.
I think they shut down MegaUpload because of the music service they were going to start. IIRC the service would have given the independent artists the same level playing field as the artists from the big record companies with the majority of the revenue going to the artists themselves.
This is elementary my dear Watson. If sales from your album/software/etc are low, make it appear on site like Megaupload. Announce it evil after few years, "calculate" millions and billions lost $ and sue everyone who used their services! Who can deny MU was set up for for this purpose in the first place?
And i think this case may have unexpected consequences in the emerging business of cloud storage. Because one reading of the case is that a hosting service can be closed down and sued with all kinds of charges based on the service not monitoring if what users upload is breaking any law. Meaning if the RIAA/MPAA wins the case, cloud storage services will have to spend resources just to check if their users are "engaging in copyright infringement" or whatever.
[citation][nom]Vorador2[/nom]And i think this case may have unexpected consequences in the emerging business of cloud storage.[/citation]
This was a sharing site, not a storage site. If you want to store and retrieve, or share with a list of users, there is much less of this problem.