RIAA Wants $1.5 Million Per CD Copied
I Don't Believe in Imaginary Property writes "Not content with current statutory damages, the RIAA is pushing for higher damages for infringement, damages that would total $1.5 million for copying a CD with ten songs. It's all part of debate over the proposed PRO-IP Act. William Patry, a lawyer who wrote the seminal seven-volume reference on US copyright law, called it the most 'outrageously gluttonous IP bill ever introduced in the US.'"
Number Two: Don't you think we should ask for *more* than 1.5 million dollars? 1.5 million isn't exactly a lot of money these days. Fony Records alone makes over 9 billion dollars a year!
Dr. Evil: Really? That's a lot of money.
[pause]
Dr. Evil: Okay then, we hold the worlds culture to ransom for...
Dr. Evil: One... Hundred... BILLION DOLLARS!