Slashdot Mirror
Music Industry Wants a Cut of Pirate Bay Sale
suraj.sun writes "The music industry will attempt to seize money paid to acquire the Pirate Bay. A couple of weeks back the Global Gaming Factory, a Swedish software company, announced that it would acquire the Pirate Bay for $7.8 million. Since then the company has been touting a new business model and even hiring executives, such as Wayne Rosso, the former Grokster president, to legally obtain content from film and music industries. What remains to be seen is how that sale might be affected by attempts by the music industry to collect the $3.6 million damages that a Swedish court awarded it in April. Alex Jacob, a spokesman for the IFPI, said that the group has always intended to collect the damages award, but now, should the sale go through, music execs know that the original Pirate Bay operators have access to the money." According to CNet, the four original Pirates claim they no longer own the company and that no money from the sale will go to them.
The music industry wants a cut of your liver as well.
No folly is more costly than the folly of intolerant idealism. - Winston Churchill
It's a good thing I pirated a copy of the Pirate Bay, otherwise my money would end up going to the music industry!
They don't want just a cut of the Pirate Bay sale; they want a cut of your salary for the music they think you should have bought. And they think that amount should increase each year.
If someone is passing you on the right, you are an asshole for driving in the wrong lane.
"If you liked free music, you're going to LOVE paying for it!"
Is this making sense to anyone? What is the Pirate Bay without the pirates?
"should the sale go through, music execs know that the original Pirate Bay operators have access to the money."
/. article:
But from http://www.thelocal.se/20364/20090630/ in the linked
"...the money would not reach their pockets.
Rather, he said, the money would be used to create a fund to develop other internet projects."
Also surely they cannot intervene to collect the awarded money when there is still an appeal pending.
Please explain why anyone would pay money for a customer base that doesn't like to pay money for media?
Also $3.6m seems pretty cheap, here in the US I lost track of how many trillions of dollars the RIAA insists everyone owes them.
$3.6 million? If each song is worth like $150k, what is that, like 25 songs? Just send the RIAA a coupon for a free download of Thriller and The Wall.
Replace step 1 with "???" and you have the internet business model that has prevailed since the mid-nineties!
Portia won not by appealing to mercy but because she understood the fine print better than Shylock: Shylock wanted his pound of flesh, but Portia pointed out that he was entitled to exactly a pound, and if he took any more or less he'd be guilty of murder.
Not quite - she actually argued that he could take the pound of flesh but that he must not spill any blood since he was not entitled to that and that his lands and fortune would be forfeit under Venetian law should he take more than he was entitled to.
Ignore for a moment your hatred for RIAA/MPAA (i know it's hard, but try).
RIAA sued Piratebay
RIAA won
RIAA want's their money before Piratebay tries to run off with it
Now again, ignore your hatred of the RIAA - or swap RIAA for say your grandmother. How is this such a bad thing that the RIAA wants the money they won in a lawsuit? Imagine your grandmother sued the local supermarket and won. Now the supermarket is trying to sell itself and figure out a way to not pay your grandmother. Why would you object to your mother trying to claim the money she won?
Hate them - love them - or be indifferent - but they won a lawsuit and they should get what they are owed...and in this case its about 3.2 million.
I do not support "The Man". I also do not support your irrational stupidity
"Please understand, you're not stealing from a corporation. There is only the five of us. We make a living doing this, and only this. When you steal my music, YOU ARE STEALING FOOD FROM MY DAUGHTER'S PLATE."
-David "Lars Ulrich" Phipps, Metallica drummer (emphasis was his)
Of course, this was apparently when Napster was downloading food as well as songs. That technology did not, successfully, carry over into torrents.
I am the richest astronaut ever to win the superbowl.
And yet the current RIAA president is a prominent Republican political figure and lobbyist. He was the chief of staff for Bill Frist. Not to mention the RIAA gave out just as much money to Republican candidates as it did Democrats. Not that this excuses the Dems, and it doesn't, but it's only fair to point out that the Repubs are just as much in the pockets of the copyright lobby as the Dems are.
Seriously is anyone besides me sick and tired of the music industry begging and asking for money from everyone. I swear they would want a cut of a homeless guy's shopping cart full of cans if they found out he downloaded a song before he was homeless.
It's not about the cans, it about the fear.
Like California's Governator (who apparently helped terminate California's state budget) said a few months ago on This Week, "there's no difference between Democrats and Republicans".
The government "of the people, by the people, and for the people" has, sadly, perished from the earth. It was replaced by a government of the corporation, by the corporation, and for the corporation. As long as you can donate to more than one candidate in a race, the corporate media will keep telling you that a vote for enyone else is wasted. As long as you can contribute to candidates you're not eligible to vote for, corporate bribery to politicians will continue and your vote will continue to be essentially meaningless.
Free Martian Whores!
Let's be reasonable here. Does the RIAA (or their national equivalents all over the globe) sue for money? Not really. They sue for the shock and awe effect. Copy this and you gotta pay 'til your grandchildren are out of the house, that's the message. They don't care about winning or losing a trial, they care about shock news that you're gonna pay through the nose and that there's no escape from that debt for the rest of your life.
Now imagine someone manages to weasel out of this and get away.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.