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LimeWire Sued Again, Publishers Seek $150,000 Per Song
betterunixthanunix writes "Another lawsuit has been filed against LimeWire, this time by the National Music Publishers Association. They claim that LimeWire also damaged them, and seek $150,000 per infringement, putting the maximum possible damages in the hundreds of millions of dollars. LimeWire seems to have become the latest music industry punching bag. 'David Israelite, chief executive of the publishers' association, said his organization had decided to bring the complaint because most publishers were not represented in the record company lawsuit and they were now confident that they had a winning case. ... LimeWire, which says it is trying to start a new paid subscription model, said in a statement on Wednesday that it welcomed the publishers to the table. '"
Sorry, but NO song is worth that much.
CNET no longer hosts the program.
But LimeWire was Download.com's most successful P2P app - with 206,669,520 downloads.
241,000 downloads a week in March. LimeWire 5.5.7
The mp3 track retails for about $1.
The feature length video $15-$30. The video rental $1 to $5.
LimeWire profited from the unlicensed distribution of legally protected content on an unprecedented scale.
Disney can produce a "High School Musical" for $10 million dollars, then franchise the product for amateur production, ice shows, theme parks and so on.
The tween audience - mostly female - is on the fringes of the P2P demographic, and the return from video sales and rentals should be largely untouched.
But strip away $200 million in revenues and productions like Star Trek or The Dark Knight with $200 million dollar budgets become much harder to justify and finance.
The geek's file-sharing habits can have a real, negative, impact on production of the films he most wants to see.
no, whats sad is a bunch of ignorant cunts on slashdot trying to pretend piracy is fine and justified, so they dont feel like the tight assed leeches that they are.
another typical day in bullshit-hippie slashdotville