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RIAA Loses Bid To Keep Revenues Secret
NewYorkCountryLawyer writes "The RIAA's motion to keep secret the record companies' 1999-to-date revenues for the copyrighted song files at the heart of the case has been denied, in the Boston case scheduled for trial July 27th, SONY BMG Music Entertainment v. Tenenbaum. The Judge had previously ordered the plaintiff record companies to produce a summary of the 1999-to-date revenues for the recordings, broken down into physical and digital sales. On the day the summary was due to be produced, instead of producing it, they produced a 'protective order motion' asking the Judge to rule that the information would have to be kept secret. The Judge rejected that motion: 'the Court does not comprehend how disclosure would impair the Plaintiffs' competitive business prospects when three of the four biggest record labels in the world — Warner Bros. Records, Sony BMG Music Entertainment, and UMG Recording, Inc. — are participating jointly in this lawsuit and, presumably, would have joint access to this information.'"
Reede: Your honor, I object!
Judge: Why?
Reede: Because it's devastating to my case!
Judge: Overruled.
Reede: Good call!
MAFIAA: But sir we sold 4 million digital downloads and made 2 million in revenue from those downloads.
JUDGE: So your are saying you made about 50 cents each download right?
MAFIAA: Yes sir.
JUDGE: So we can roughly say the value of each download is 50 cents right?
MAFIAA: Yes sir.
JUDGE: So even if we get "Biblical" in damages of 40 fold we are looking at about $20 a track right?
MAFIAA: Errr well....
JUDGE: So for 24 tracks at $20 bucks each Jammie owes you about $480 bucks right?
MAFIAA: You have to take into account everyone that downloaded them.
JUDGE: Ok so lets say 10 people downloaded each one, that's about so that's about $4800 right?
MAFIAA: Sir that isn't enough!
JUDGE: How much is enough?
MAFIAA: IT'S NEVER ENOUGH!!! (Rips off the mask to reveal he's infact a tenticle demon!!)
-=[ Who Is John Galt? ]=-
Thanks for the clue, captain obvious. That was in TFS.
what piece of paperwork do I have to file
A couple hundred $100 bills is the correct paperwork needed to be filed good sir.
Spill the beans already, how much are we talking? Anyone down for taking bets?
It's obviously $23,148,855,308,184,500.00
But so long as you check it out at http://riaaradar.com/ if they say it's cool, it's cool. If they say it's RIAA-tainted, stay away.
Yeah, not falling for that one again after I was hanging out with an riaaradar.com maintainer and they kept trying to tell me that my pants were RIAA-tainted.
The enemies of Democracy are
Your post, it smells like new meme.
Oh, then just pay for it with a Visa card.
Understanding the scope of the problem is the first step on the path to true panic.