US record companies Arista, Capitol, Warners, Capitol and Universal Music Group have announced that they are suing allofmp3.com, the Russian music download site, for a staggering $1.65 trillion.
The astounding $1.65 trillion figure was calculated by multiplying the statutory damages of $150,000 per infringement (provided for in the No Electronic Theft Act) by the 11 million songs that AllOfMP3.com has sold.
Did someone point out to them, I wonder, that this is more than twice the GDP of Russia itself?
This strikes me as nothing more than grandstanding on the part of the US record industry. If it thought it had a realistic chance of winning, surely they would sue for an amount that they could hope to win?
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I like this kind of thinking! After all, they got Al Capone on tax evasion, so why not get Russia on copyright infringement? Any port in a storm, as long as Putin ends up in Siberia where he can admire the wonderful light.
Except that it isn’t RUSSIA (or in fact Putin) on trial.
I love all of MP3.com. Long may it evade the long arm of the US law.
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