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RIAA Claims LimeWire Owes $72 Trillion [UPDATED]

UPDATE: The viral nature of how information spreads on the Internet strikes again. The RIAA reached out to Tom's Guide to inform us that the events described below were from over a year ago but were re-promoted in the news today due to a report from NME. The news then spread to mainstream sources, among dozens others.

After winning the lawsuit that all but forced LimeWire to shut down, the RIAA is still out for LimeWire’s blood.

The RIAA has finally put a figure on what it feels it is owed -- $72 trillion dollars. Just so we’re clear, the ‘t’ is no typo.

Considering that the world’s combined wealth only totals $60 trillion, I’ve no idea how the RIAA expects to be compensated, short of condemning all of LimeWire to eternal servitude.

Where’s the RIAA getting these ‘Dr. Evil-esque’ numbers? Well, the RIAA claims that over 11,000 have had their copyright infringed upon after being downloaded countless number of times and that the RIAA should be compensated for every single download.

Judge Woods, the presiding judge, ruled that such a figure was preposterous, stating that there could only be “single statutory damage award from Defendants per work infringed”, otherwise calculations over damages could end up with “absurd results”… such as $72 trillion.

However, just because the judge disagrees with the RIAA’s insane math doesn’t mean that LimeWire is out of hot water yet. LimeWire may be forced to shell out $150,000 per infraction, meaning that it could still end up owing the RIAA $1.65 billion dollars.

  • DarkenMoon97
    Someone thinks they need WAY more money than they actually need.
    Reply
  • amdwilliam1985
    lol, can't LimeWire just file bankruptcy and then give RIAA nothing.
    Reply
  • N.Broekhuijsen
    This really isn't helping them... Now they are even further away from getting us to take them seriously...
    Reply
  • willard
    Preposterous is putting it lightly. How has out judicial system gotten so fucked up that claims aren't just laughed out of court? This bullshit is wasting the taxpayers' time and money. The courts need to put their foot down and start penalizing these morons who think they've honestly been damaged more than the planet's GDP.

    The RIAA has officially lost touch with reality.
    Reply
  • john_e
    Jay Z: As entertainers, we're the first generation to capitalize on our talent. For many years artists were dying broke, because the record companies took advantage of them. I'm not talking about rock stars, like Bono. The first thing for me is to lead by example and show how these things have an effect on people's lives in a real way. I know there is a future generation of stars in my old neighborhood that we must help out, to become what they could be if given the opportunity


    So much for RIAA defending the artists
    Reply
  • jellico
    I would have paid money to see the judge say:

    Judge: After hearing the RIAAs arguments in this case, I have decided to set aside the judgement against Limewire, and I am ordering the immediate disbandment of the entity known as the RIAA as well as the disbarment of all of its lawyers.
    Reply
  • john_e
    The whole interview with Jay-Z, Warren Buffet and Steve Forbes http://www.forbes.com/forbes/2010/1011/rich-list-10-omaha-warren-buffett-jay-z-steve-forbes-summit-interview.html
    Reply
  • existencenow
    What says any one entity is entitled to ANY of that money. how about take that supposed 1.65B and put it into the working economy...
    Reply
  • jellico
    amdwilliam1985lol, can't LimeWire just file bankruptcy and then give RIAA nothing.No, you cannot bankrupt against a civil judgement. You basically just turn the company over to the trustee in the case and walk away.
    Reply
  • tk1138
    The Riaa and the music industry is a joke....nothing they make has any quality, and i cant remember the last time i actually purchased music (or downloaded free for that matter)

    i dont think i will ever purchase music, if these companies are so shitty that they trying to get more wealth than the total wealth of the planet something is wrong...as another user posted this should be thrown out i mean that figure alone should discredit their whole lawsuit...how could you take anyone who thinks they have a claim to more wealth than exists on the planet seriously....i know i dont

    RIAA is shit....it would be funny if every employee of the RIAA (and MPAA) were killed in the most brutal way possible....
    Reply