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-- RIAA sues (some Russian MP3 site) for 1 TRILLION DOLLARS (seriously)


Posted by VERTiG0 on Dec-29-2006 04:34:

RIAA sues (some Russian MP3 site) for 1 TRILLION DOLLARS (seriously)

http://www.redherring.com/Article.a...+Site+for+%241B

quote:
Music Sues Russian Site for $1T

************* is hit with a massive lawsuit but site says it’s protected by Russian law.
December 21, 2006

By Cassimir Medford

The music industry filed a stunning trillion-dollar lawsuit against a very popular Russian web site that has so far flaunted its legal status behind what the industry considers dubious justifications based on Russian law.

The Recording Industry Association of America, the legal arm of the United States music industry, on Wednesday filed a lawsuit in U.S. District Court for the Southern District of New York seeking more than one and a half trillion dollars in damages from *************.

The U.S. Department of Commerce recently called the Russian web site the world’s highest-volume online seller of pirated music. The web site claims five and a half million subscribers and a growth rate of 5,000 subscribers per day.

The RIAA claims that in a five-month period from June through October, U.S. customers downloaded 11 million songs from *************.

The Commerce Department has been all over the Russian government on *************, threatening to block Russia from membership in the World Trade Organization (WTO) if it continues to protect *************.

The 149-member WTO is an international organization that sets the rules for global trade and adjudicates trade disputes between nations.

Interestingly, in a recent dispute with the tiny island nation of Antigua, the WTO ruled in favor of Antigua in an online gambling case. The U.S. has so far ignored the ruling.

Russian Air Cover

The problem for the RIAA is that a lawsuit filed against *************’s owner, Mediaservices, will have little success in forcing the Russian company to respect U.S. copyright law.

“The RIAA has been trying to close ************* for a couple of years from within the Russian legal system with little success,” said Michael Goodman, an analyst with Yankee Group.

“Russian law has provided ************* with sufficient cover to remain in business,” he added. “Suing them in the U.S. will do very little. It does not mean a solitary thing.”


The RIAA may be better off working with the U.S. government to apply pressure on the Russian government to shut down the music site, he said.


Hidden Stash

The geopolitics and economics of the Internet have placed the music industry in a peculiar position. While it continues to go after Americans with its legal club, it is almost powerless against non-U.S. organizations such as *************.

Earlier this year, MasterCard and Visa terminated their relationships with the web site, making it more difficult for the site’s subscribers to pay for their downloads, but the site continues to operate.

On the day after the RIAA filed its lawsuit, ************* added 24 new albums to its inventory of more than 600,000 songs. Among the new albums was Hidden Stash III by the Kottonmouth Kings, a hip-hop group from Placentia, California.



The CIA World Factbook places the 2005 GDP of Russia at $740.7 billion. The RIAA thinks that they are owed the entire economic output of Russia for the next 16 months. I think their random number generator broke this time.


Posted by Tiesto4Life on Dec-29-2006 04:41:

Don't fuck with the Russians


Posted by Zeidoo on Dec-29-2006 05:09:




AAAAAAAAA.... llofmp3.com


Posted by geroin on Dec-29-2006 05:13:

good luck to them

they should first try to close the pirate bay though


Posted by FunkyCrew on Dec-29-2006 05:39:

all ofmp3.com haaaaaaa


Posted by Fast Turtle on Dec-29-2006 05:52:

I'm sure the lawyers are happy, at least. They probably gain the most out of these crazy lawsuits.


Posted by *~LiSa-LoO~* on Dec-29-2006 05:55:

I'd like to see that trial


Posted by dEsidEL on Dec-29-2006 05:55:



I fully support the RIAA in its efforts to bring Chelsea FC to its knees


Posted by dEsidEL on Dec-29-2006 05:58:

quote:


Is it legal to download music from *************?

The availability over the Internet of the ************* materials is authorized by the license # LS-3М-05-03 of the Russian Multimedia and Internet Society (ROMS) and license # 006/3M-05 of the Rightholders Federation for Collective Copyright Management of Works Used Interactively (FAIR). In accordance to the licenses' terms MediaServices pays license fees for all materials downloaded from the site subject to the Law of the Russian Federation "On Copyright and Related Rights". All these materials are solely for personal use. Any further distribution, resale or broadcasting are prohibited.

The works available from ************* are protected by the Law of the Russian Federation "On Copyright and Related Rights" and are for personal use of a buyer. Commercial use of such material is prohibited. Recording, copying, distribution on any media is possible only upon special consent of a Rightholder.

The user bears sole responsibility for any use and distribution of all materials received from *************. This responsibility is dependent on the national legislation in each user's country of residence. The Administration of ************* does not possess information on the laws of each particular country and is not responsible for the actions of foreign users.



http://music.*************/info/payments.shtml


Posted by King Luis on Dec-29-2006 13:35:

1 trillion dollars...honestly, that much money right now doesn't even make sense.
for the car guys, the 1939 Audi Union D-Type (picture below) will be selling in a auction for close to $12million. to see this car in real life is a priviledge since there are about only 2 original complete cars in the world.


for the techy people, IBM's Blue super computer started with an investment of $100 million to become one of the worlds fastest computers.

for the general stuff, you can buy the most expensive private island for $40 million

and after you bought all that you still have atleast $900 billion left for whatever you desire.


Posted by Timmah on Dec-29-2006 14:04:

"You know Harvard could use an airport Mr Burns"

that's the only thing I thought of after reading this


Posted by starsearcher on Dec-29-2006 14:06:

quote:
Originally posted by *~LiSa-LoO~*
I'd like to see that trial


Someone's gonna get poisoned


Posted by DarkAngel on Dec-29-2006 14:40:

Fuck the RIAA. Fuck 'em in the ear! Fuck 'em in the other ear! Those sons of bitches!


Posted by starsearcher on Dec-29-2006 14:49:

quote:
Originally posted by DarkAngel
Fuck the RIAA. Fuck 'em in the ear! Fuck 'em in the other ear! Those sons of bitches!


You sound a little frustrated


Posted by daves on Dec-29-2006 15:01:

ah yes, another fine show from the Recording Industry Ass of America.


Posted by DarkAngel on Dec-29-2006 15:06:

quote:
Originally posted by starsearcher
You sound a little frustrated


Nahhhh I'm fine. I just think the RIAA are a buncha fuckin' scumtwats, is all.


Posted by polkovnik86 on Dec-29-2006 15:22:

quote:
Originally posted by *~LiSa-LoO~*
I'd like to see that trial


I can just see the headline news RIAA disappears from the face of the world, nobody knows where they went.


Posted by dEsidEL on Dec-29-2006 16:37:

Re: RIAA sues (some Russian MP3 site) for 1 TRILLION DOLLARS (seriously)

quote:
Originally posted by VERTiG0

The CIA World Factbook places the 2005 GDP of Russia at $740.7 billion. The RIAA thinks that they are owed the entire economic output of Russia for the next 16 months. I think their random number generator broke this time.




actually come to think of it now, it makes perfect sense. In order to stop the alleged culprits, they would need to control the entire Russian government and legal system, hence their bid for a multi-trillion dollar lawsuit.. to effectively buyout the country


Posted by devnull on Dec-29-2006 17:04:

quote:
Originally posted by DarkAngel
Fuck the RIAA. Fuck 'em in the ear! Fuck 'em in the other ear! Those sons of bitches!



+99999999999999999999999999999999999999999999999999999999999999
Fuck RIAA BSA MPAA and others!


Posted by Revival160 on Dec-29-2006 17:56:

The one thing this article fails to mention is that the US government is leveraging Russia's pending acceptance into the WTO to pressure them to take action against AllofMP3.

They've said that if Russia doesn't put a clamp on digital piracy, their WTO acceptance won't happen.

So these guys are basically screwed. The RIAA will never get any money out of them, but this site will most likely be completely shut down in the near future.


Posted by TranceDuT on Dec-29-2006 18:33:

Maybe they are hoping to settle out of court for about 1% of the lawsuit.


Posted by Fir3start3r on Dec-29-2006 21:09:

quote:
Originally posted by devnull
+99999999999999999999999999999999999999999999999999999999999999
Fuck RIAA BSA MPAA and others!


Fight the power yo!



damn the man and all that...


Posted by -g- on Dec-30-2006 02:43:

the funniest part about this is not the amount(entirely arbitrary in any case and designed precisely to bring public exposure to the issue rather than actually reflect true losses) but that RIAA files in... wait for it... US court.

ha ha!

last time i checked Russia was not a part of the US. US law DOES NOT APPLY there.

i suppose they've succeeded in at least bringing a bit more attention to what really is a very bad precedent regarding russian copyright, but the humour can't be ignored.


Posted by Jem_hadar on Dec-30-2006 05:28:

quote:
Originally posted by -g-
but that RIAA files in... wait for it... US court.

ha ha!

last time i checked Russia was not a part of the US. US law DOES NOT APPLY there.



Wow right. Exactly...



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