Getty Images Ray Manzarek of the legendary rock band The Doors has died at the age…
- Posted on May 23rd 2012 5:07PM by Cameron Matthews
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ORIGINAL STORY: Remember LimeWire? That pirating service that enabled
According to AV Club, music biz police the RIAA are suing the peer-to-peer network for an exorbitant amount: A whopping $72 Trillion. That's a lot of cash, you might say, and quite possibly one of the largest sums ever conjured in a courtroom.
"An award based on the RIAA calculations would amount to 'more money than the entire music industry has made since Edison's invention of the phonograph in 1877," Judge Kimba Wood states in documents filed at the U.S. District Court for the Southern District of New York.
The estimated overall worth of the entire planet is around $60 trillion. Hey, we think music is a valuable commodity, too, but this is a little excessive.
Even though Judge Wood claims the fine to be "absurd," that won't stop Limewire from getting pummeled in court. The digital company is accused of making 11,000 statutory infractions which could add up to a $1 billion fee.