RIAA Scores $105M USD from Limewire, May Give Nothing to Artists
May 13, 2011 11:24 AM
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The RIAA has squeezed $105M USD out of the P2P giant Limewire.
(Source: Mexican Foodie)
Don't expect that windfall to go to artists, though. The RIAA says it will "reinvest" it in its antipiracy efforts, which include maintaining a mass threats program against U.S. citizens and trying to pay off politicians to outlaw burning backup copies of content people own (pictured).
(Source: Google Images)
Parasitic nature of music industry's big labels continues
This article is over a month old, voting and posting comments is disabled
Does Limewire actually have any money?
5/13/2011 12:17:09 PM
I'm wondering how Limewire is actually going to pay this. I'm thinking they've never had this kind of cash...
Also, I hope this teaches them a lesson. By "them" I mean the artists who somehow feel that the RIAA has their interests in mind.
RE: Does Limewire actually have any money?
5/13/2011 3:10:30 PM
Honestly, I bet most of the settlement just goes go pay the lawyers at the RIAA anyways. The artists were never going to see any of the cash. What a parasitic mess...
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