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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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The 13 record companies currently suing peer-to-peer filesharing service Limewire have estimated that the company owes them between $400 billion and $75 trillion. That top amount is comes in at £46,650,361,440,306.00 but hey, it's such an unfathomable amount of money that it barely warrants converting. We can't help but picture Dr Evil proudly demanding "One hundred billion dollars!" of in order not to blast the world with his "lay-ser" from his "death star" (air quotes). Absurd Dr Evil was laughed out of town and so, thankfully, were the record companies – Judge Kimba Wood, who is hearing the case, called the request "absurd". "As defendants note, plaintiffs are suggesting an award that is 'more money than the entire music recording industry has made since Edison's invention of the phonograph in 1877'," she wrote. The outlandish figure was reached because the record companies want compensation for each time a song was shared and re-shared by Limewire users; Judge Wood has now concluded that Limewire can only be fined a single statutory fee per work infringed. Via CrunchGear http://www.techradar.com/news/audio/lim ... try-938344 
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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Sat Mar 26, 2011 3:14 pm |
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cloaked_wolf
What's a life?
Joined: Thu Apr 23, 2009 8:46 pm Posts: 10022
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 Flippin' retards. I hope those bloodsuckers die a horrible death. 
_________________ He fights for the users.
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Sat Mar 26, 2011 3:42 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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It is as a figure on a scale that approaches the entire worlds GDP.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Sat Mar 26, 2011 6:07 pm |
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james016
Doesn't have much of a life
Joined: Tue May 05, 2009 5:52 pm Posts: 1899
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I'd love to see them prove they have lost $75 trillion because of Limewire.
_________________ My Flickr PageNow with added ball and chain.
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Mon Mar 28, 2011 9:49 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Its the think of a number solution. 
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Mon Mar 28, 2011 10:47 am |
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james016
Doesn't have much of a life
Joined: Tue May 05, 2009 5:52 pm Posts: 1899
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Then triple it and add 9?
_________________ My Flickr PageNow with added ball and chain.
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Mon Mar 28, 2011 3:06 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Mon Mar 28, 2011 3:28 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm Posts: 5041 Location: London
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So if they are saying that before downloading became main stream they were making that sort of money they were not declairing it - if I was the authorities I would be asking for back taxes on say $50 trillion
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Mon Mar 28, 2011 6:48 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm Posts: 10691 Location: Bramsche
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The tax would probably bail out the US economy...
_________________ "Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari
Executive Producer No Agenda Show 246
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Tue Mar 29, 2011 3:43 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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It would bail out the world economy. 
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Tue Mar 29, 2011 10:16 am |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm Posts: 5041 Location: London
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And given that this was my idea I think a 1% finders fee is only reasonable 
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Tue Mar 29, 2011 12:08 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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You do realise that we still have 50% income tax in the UK? 
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Tue Mar 29, 2011 12:38 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm Posts: 5041 Location: London
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hmm lets see
Assuming that as they are American then a billion is a thousand million Is a Trillion a thousand Billion ?
If so a trillion is 10^12
So 1% is 10^10
So I will have to pay 25 x 10^10 in tax which I think should single handily pay off the national debt and I get left with a mere $25 x 10^10
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Tue Mar 29, 2011 1:42 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but do you honestly think that our politicians will use that windfall wisely? 
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Tue Mar 29, 2011 2:35 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm Posts: 5041 Location: London
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Who cares I have $25x10^10 under the mattress
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Tue Mar 29, 2011 3:10 pm |
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