RIAA, Stop Suing Tech Investors!

The RIAA isn't just suing tens of thousands of music consumers; they've also begun filing lawsuits naming the directors of and investors in tech companies that they believe contribute to copyright infringement. NewYorkCountryLawyer writes: "ZDNet urges the big recording industries to stop suing tech investors, and cites the draft legislation that I posted, which would immunize from secondary copyright infringement liability any work done by a director in 'his or her capacity as a member of the board of directors or committee thereof,' and any conduct by an investor based solely upon his or her having 'invested in any such corporation, including any oversight, monitoring, or due diligence activities in connection therewith.'"

Comments

Oh for crying out loud

[seeker_1us]

Lets think about how this would have affected the development of: the personal computer, the VCR, the tape deck, CD burners, torrent distribution, the xerox machine, the printing press...

What's really going on?

RIAA warfare against "piracy?"

or

The RIAA is attempting to buy legislation which would allow them to destroy technologies that allow independent artists to compete with them.

Probably an even worse idea

[Dachannien]

Suing individuals for ridiculous sums of money was like a playground bully beating up scrawny kids for their lunch money. It's easy, but there's not much profit in it.

Suing investors who can actually afford to mount a legal defense for similar sums of money is like trying to beat up the principal for his lunch money. And he's been itching to try out that new paddle.