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RIAA Seeks Estimated $97.8 Billion From MTU Student
theodp writes "The Detroit Free Press does the math on the damages sought by the RIAA from the Michigan Technological University student. The total? About $97.8 trillion--yes, trillion with a T--or enough money to buy every CD sold in America last year over again for the next 120,000 years, according to RIAA statistics." Update: 04/05 21:58 GMT by M : The Free Press can do the math, but not very well: the numbers provided show the RIAA is seeking some $97 billion dollars, not trillion. I'm sure the student is *much* happier. Headline updated.
U.S. gdp is 10.2 trillion...
Right, like the RIAA really lost $97.8 trillion worth of potential income from STUDENTS.
Assuming a person lives for exactly 76 years.... With that sum of money a person would have to spend $40.78 every second for his/her entire life, every day, and including during the night. That isn't taking into account the massive interest it would generate. Isn't that amount of money larger that the GNP of the US for a several year period. Honestly though, how do they expect to prove that each and every song did $150,000 worth of damage. If each album has 12 tracks and retails for $15, they'd have to prove that each album he offered caused 120,000 less copies of that album to be sold. Please!
-Ryan
AUWYHSTOT (Acronyms are Useless When You Have to Spell Them Out Too)
$150,000 * 652,000
... ohh, about a factor of a thousand?
= $97,800,000,000
= $97,800,000 thousand
= $97,800 million
= $97.8 billion
I think they're off by,
Sure...97.8 Trillion might sound like quite a bit upfront...
:-)
However, after all of the lawyers take their cut, the appropriate RIAA officials remove their share and court costs are assessed, I calculate the net gain for the actual artists to be somewhere in the neighborhood of about $20 bucks and smack on the ass!
- n2q
Beer is proof that God loves us and wants us to be happy. -- Benjamin Franklin
Ok, so I believe that the article is off in their calculations and it should be billion with a "B". At any rate, it seems that given the silly amount of money they are going after, the "accused" would simply laugh that sort of claim off. Yes, stealing is stealing. However, this sort of suit does nothing to help the RIAA's case. They would be far more effective by bringing more realistic suits in terms of dollar amounts that would actually perhaps frighten folks and keep them from posting media to the net for download.
This whole music suit thing brings up another interesting exchange I had last week. One of the campus network guys was asking if I had any music on my workstation. I said yes, about thirty gigs or so, to which he replied, I had to take it off as the RIAA was "querying" systems on the network to determine if they contained music files. I replied as every song on there was purchased, paid for, and personally ripped from CD via iTunes, and I had every CD for which there was music for, I was not going to remove the music. Additionally, while my workstation was on the network, it was not open, the songs were not available to the outside world and anyone wanting those songs would have to hack into my system. So, no. I would not remove them. Even if the RIAA does somehow "query" my system, (Is this somehow possible if the system is "secure"?) they would be barking up the wrong tree.
Visit Jonesblog and say hello.
Not that this is a justification of my downloading mp3s, but I wouldn't have bought probably 3/4 of the mp3s I have because I simply want one song off of the CD.
Trust me, they know this. Decades ago, they realized that they could make much more money by pushing LPs (Long Play) instead of 2-4 song 7" records. Early recordings were generally the artists' best songs, those which the record companies knew you'd gobble up. But for a few a little more investment on their part, they could throw in 10 or more songs on one record at double (or more!) the cost. Now you were being hooked into buying a whole LP just to hear your favorite songs. The record companies have had us by the cajones since then, it's either buy the single for $6, or buy the whole shebang for ~$12.
There are VERY few mainstream artists today who can pull off a full cd of killer material, but a few are actually out there.
--- What
Assume an average 3-minute 128kbps MP3 - about 3 MB. 3 MB * 652000 = 1956000 MB. About 2 TERABYTES.
Did this guy have a 20-disk RAID in his box, or am I missing something?
People are focusing on the wrong thing. The point isn't $97T, $97B or $100K. The point is that the RIAA is finally going after a law breaker. They went after colleges and other carriers for too long even though *they weren't breaking the law*.
Now they are going after the kids that actually broke the law and everyone is still pissed.
Hell with that. These kids should be the ones being put to trial. Maybe now the laws can be shown for the unmitigated sillyness that they are and either shown unconstitutional or at least have a $97B judgement against some kids show the public how out of control this all is.
This is the right suit. Let's make sure it's the right result by now dwelling on the RIAA and instead dwelling on the law.
Here is an idea:
Why don't you all just sod off and NOT BUY ANY MORE CD'S!!!!!!!
Then, the RIAA constituent companies will lose money and be forced to deal with the issue.
Listen to the radio, got to concerts, gad, get out from in front of the computer(yes I see the irony), put down the porn and go out and do something. Read a book. A real book. Not some Piers Anthony sexual romp.
Go to the library, sit, where it is free, and read book, for free. Grahm Greene's "The Power and the Glory" is good. Maybe "Heart of Darknes" by Conrad. Edmund Morris's "Theodore Rex" and "The Rise of Theodore Roosevelt" are good choices.
File trading is so easy and so desirable on the small scale, that it's impossible to deter it using the courts. You can't haul in everyone who trades files -- so you have to increase the deterrence by really walloping the few that you can. The problem is that there's little difference (to a student) between having to pay 97,000 dollars, or 97,000,000 dollars. Upping the ante by another factor of a million, to 97,000,000,000,000 dollars, isn't any more of a deterrent -- at that point it devolves to abstract numbers.
Another millieu that shows the same kind of saturation deterrence is the drug war (spit). It's easy, cheap, and desirable enough for many folks to smoke pot, that the courts literally could not handle them all. Stiffer penalties don't work so well, because the penalties are already so unreasonably stiff that they don't affect most peoples' risk assessment.
When this phenomenon occurs in photography, it's called "reciprocity failure" normally, each additional photon hitting a piece of film exposes the film the same amount, regardless of the actual intensity -- so you can photograph a dim object, with a longer exposure time. But for very long exposure times, that picture breaks down: the partially-exposed silver halide grains repair themselves in between photon strikes, so exposing film to a weak light source for a very long time doesn't have the effect you'd expect. It makes sense to think of file trading and the drug war as examples of deterrence reciprocity failure.
You live in a country with an incredibly good road system. You can get *anywhere* in the continental US by road. You can't get more than 15 miles away from a road in the continetal US.
And Canada, France, Great Britain, Italy, Germany, Austria, Sweden all have poor transportation?
You have running water. Reliably. You have indoor plumbing. You have readily available food. You have electricity.
Again, CA, FR, GB, IT, DE, SE don't have these?
You live in a place that has as many cars as families, because cars and gas are just that damned cheap here.
Is this a good thing? Do you know how much O2 a 5-liter Uh-mer-kin muscle car chews up just from driving to and from work on a semi-daily basis? Do you have any idea how many CO2-consuming organisms it takes to support your average Camero or Mustang owner? Why do we have so many cars here? Why aren't they needed in Manhattan or in most of Europe? Because our automotive industry killed our light rail industry in the first half of this century. We produce 3% of the world's oil. We consume nearly 60%. Hence our current predicament with our dependency on foreign oil. No, having that many cars is not something to boast about.
You don't have to fear for your life walking down the street (well, in some places, you do, but it's safer here than much of the rest of the world).
In most Iranian metropolitan areas, women can walk around at 03:00 alone without fear of abduction or harassment. People there don't give it any thought. I can't name one major city where this is true in the United States.
This is a nation in which *anyone* can get a job. Not necessarily a good job, or the job they want, but you can land a job that'll pay well enough for you to eat every day.
Unemployment in Switzerland has not reached more than 6% in over ten years. It averages around 3%-4%. You should read this if you want a better handle on what it means to be employed in this country.
I can drink the water anywhere in this nation without fear. Some places it looks a little brown, or have hard water, etc., but you can drink it without *dying*.
Once more, CA, FR, GB, IT, DE, SE don't have these?
You have incredible medical care. I know many places have better systems for covering payment, and it's free in many places, but there's very few places in US where you can't get immediate medical care.
The US has the best doctors in the world. We also have the highest liability. Does this seem odd to you? We are encouraging our doctors to become mediocre because it's not worth it to practice. I've talked with a fair amount of doctors (my family has more than its fair share of people working in medicine). They almost unilaterally have two pieces of advice for people in this country:
1. If you're thinking of becoming a doctor: don't.
2. Don't get sick, because unless you're rich, you'll get shit for care.
It's simply that, the particular set of advantages you get by being an American and living here on American soil is almost impossible to get anywhere else. Many places have worthwhile tradeoffs, but you can't get all the above just about anywhere else.
I realize that many of the above comments don't apply to everywhere in the world, and I apologize to the denizens of any nation that may be that much better, but I think that most of them apply somewhere.
The truth is that many cities outside the US are more livable than those within its borders. Hell, there are 9 countries which rank higher than we do in an audit of world democracies.
Please don't misunderstand. The US is a great place to live...one of the best in the world. I'm just real tired of its citizens thinking that this country's shit
moto411.com
1) Why hasn't an organization arisen to challenge the RIAA? I mean, it's my understanding that being a member of the RIAA is *not* legally required of a record label. When one considers the tons of indie labels out there that, thanks to free downloading off websites and through p2p networks, it makes me wonder why large groups of independents that have good talent and catalogs, like Caroline, Epitaph, Six Degrees, all the way down to little labels like ESL, tru thoughts, fork in hand and others haven't forged an alliance simply to combat this insanity. This seems like a golden opportunity to seize the thunder of the big six and woo bands to the "free music" side of the aisle. But then, when one considers how often bands tend to jump around labels, maybe the problem is more endemic to record labels than just the big six...
2) Speaking of bands, where are "the talent" in all this? why don't we hear from the bands beyond the occasional (apparent) nutcase voicing his opinion then going back to the label lounge? We keep hearing about how the big nasty RIAA is pimping their work and buying out their right to their creative work (if I have to hear Tom Petty's sob story one more time I'm going to puke), but why aren't so many top label bands coming out in favor for/against the RIAA behavior? Many of the A-list acts can certainly get along just fine no matter what label they're on, so if they can extricate themselves from the labels, why don't they? If Fred Durst really thinks mp3's should be free, why doesn't he just jump ship and release his band's own stuff on his own terms? Oh wait, he's VP of Interscope. Nevermind....
B
"I'm payin' taxes, but what am I buyin'?" -- James Brown