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LimeWire Settles For $105 Million

Posted by Soulskill on from the pocket-change dept.

eldavojohn writes "LimeWire has settled its suit with the RIAA for $105 million. It's several orders of magnitude lower than the $1.5 trillion initially demanded by the RIAA, but it ends a nearly five-year legal battle. P2P networks take heed; the monster may start looking for other targets."

2 of 167 comments (clear)

  1. Does anybody actually buy music anymore? by improfane · · Score: 4, Interesting

    There is plenty of music that is free and legally free. Find small artists that release MP3s then buy an album from them if you like enough (Edgen). Use Spotify if you can.

    Buy second hand, RIAA gets nothing. I can live without new music. If you can't control your impulses, RIAA will never die. I'm waiting for the most recent Duran Duran album to get cheaper.

    --
    Slashdot needs Geekcode | Can anyone recommend any good SCIFI? My tastes: Foundation, Startide Rising, CITY, Ringworld,
  2. Question/Opinion I have about song value by Huntr · · Score: 5, Interesting
    According to TFA:

    Having facilitated the mass piracy of billions of songs

    So, the RIAA settled for $105 million after determining that Limewire helped people pirate "billions" of songs. Shouldn't that, then, set the value of "a" song that is shared? A conservative estimate of 2 billion songs for $105 mill is, what, about a nickel a song? Should use that value when determining damages against Jammie Thomas and anyone else.

    JM convoluted O, of course, but I'm not the one settling for relative peanuts.