Record labels sue LimeWire for... wait for it... $75 TRILLION.

[Hecktix]

Ridiculous really, so a company that no longer exists gets sued for an amount of money they could never make? They file bankruptcy & sorted... nothing's gonna get paid :S

[cocaine]

damnnnnn i've just finished my EPQ essay (extended project qualification) on how file sharing affects revenue accumulated by global music sales - why did i finish it before i saw this!? $75tn is an insane amount of money!

[Jordy]

I lol'd

I don't get how companies can sue over this ****. A downloaded copy does not mean a lost sale.

Try telling them that. It pisses me off to no end seeing the movie and music industry carrying on about "losses of revenue" due to "losses of sales" when infact the person would not of bought the track anyway. And whilst they carry on about losses, the movie and music industry is getting increasingly bigger and so do their profits. You'd be a mug to believe people are losing their jobs over this kind of thing, it's false advertising to say the least.

[Niall!]

Completely agreed Jordy, I mean I'm one to admit I pirate almost everything and I'm not proud of it. The prices they charge are ridiculous. They should maybe think about lowering the prices so less people would pirate.

Plus remember that survey that was conducted that found pirates actually spent more than the average consumer? It just goes to show they're targeting them for nothing.

[GommeInc]

Completely agreed Jordy, I mean I'm one to admit I pirate almost everything and I'm not proud of it. The prices they charge are ridiculous. They should maybe think about lowering the prices so less people would pirate.

Plus remember that survey that was conducted that found pirates actually spent more than the average consumer? It just goes to show they're targeting them for nothing.

It's quite interesting how much they moan about it. People do not want to spend money on something they do not properly own. Loads of download sites like Amazon MP3 Downloads only give you one copy, yet a music file is so easy to lose it's unfair and on the other end of the scale you get how easy it is to copy a "legit" version of the file. I'm waiting for the day piracy adverts say "you won't make a copy your girlfriend and let everyone have a go". I'll be happy then. I download all my songs legally (buy them from Amazon, Play and get CDs from shops), but I can see the point of "pirates", because they are expensive - games and films cost about £15 and they last longer than a song you will get bored of playing over and over again.

I don't get where the argument for "pirates are poor" comes from. Pirates tend to have brains and a keen interest in computers and require the internet. £15 a month plus a computer means they're spending quite a bit, and the computer industry is at least modest about their earnings compared to the music industry who harvest most of the money giving a miniscule sum to the artist.

[Niall!]

It's quite interesting how much they moan about it. People do not want to spend money on something they do not properly own. Loads of download sites like Amazon MP3 Downloads only give you one copy, yet a music file is so easy to lose it's unfair and on the other end of the scale you get how easy it is to copy a "legit" version of the file. I'm waiting for the day piracy adverts say "you won't make a copy your girlfriend and let everyone have a go". I'll be happy then. I download all my songs legally (buy them from Amazon, Play and get CDs from shops), but I can see the point of "pirates", because they are expensive - games and films cost about £15 and they last longer than a song you will get bored of playing over and over again.

I don't get where the argument for "pirates are poor" comes from. Pirates tend to have brains and a keen interest in computers and require the internet. £15 a month plus a computer means they're spending quite a bit, and the computer industry is at least modest about their earnings compared to the music industry who harvest most of the money giving a miniscule sum to the artist.

Pirates aren't poor that's the thing.
http://www.independent.co.uk/news/uk...l-1812776.html

This quite obviously disproves that. The music industry doesn't understand that people have different reasons to pirate. My friend for example pirates everything but buys it if he likes it. He would not have bought the product if he didn't obtain it illegally. They need to rethink their strategy and lower prices. This counts for ALL the big "media" industries. Films, games etc. They are way to overpriced.

[Marbian]

Unlucky for them... Although, I did like using limewire.

[Fez]

The problem with the music/game and generally every industry trying to "protect their profit" is that they don't understand what they're doing isn't harming pirates, it's harming consumers and turning them into pirates.

[cocaine]

Pirates aren't poor that's the thing.
http://www.independent.co.uk/news/uk...l-1812776.html

This quite obviously disproves that. The music industry doesn't understand that people have different reasons to pirate. My friend for example pirates everything but buys it if he likes it. He would not have bought the product if he didn't obtain it illegally. They need to rethink their strategy and lower prices. This counts for ALL the big "media" industries. Films, games etc. They are way to overpriced.

that doesn't mean that they're richer than non-pirates, it just means they spend a bigger proportion of their income on music, films, games and other media.

[Niall!]

that doesn't mean that they're richer than non-pirates, it just means they spend a bigger proportion of their income on music, films, games and other media.

Regardless, the point still stands.