Universal Music Demands Insurer Pay For Infringement Damages
An anonymous reader writes with a new twist in the recently resolved Canadian music label infringement lawsuit. From the article: "Earlier this year, the four primary members of the Canadian Recording
Industry Association (now Music Canada) — Warner Music Canada, Sony BMG
Music Canada, EMI Music Canada, and Universal Music Canada — settled
the largest copyright
class action lawsuit
in Canadian history by agreeing to pay over $50 million to compensate
for hundreds of thousands of infringing uses of sound recordings. While
the record labels did not admit liability, the massive settlement spoke
for itself. While the Canadian case has now settled, Universal Music
has filed
its
own lawsuit, this time against its insurer, who it expects to pay
the
costs of the settlement."
...that the law to disconnect copyright infringers from the internet would have gone through.
$50 million to compensate for hundreds of thousands of infringing uses of sound recordings.
$50 million is only like 2 or 3 pirated mp3's here in the states.
Required reading for internet skeptics
CRIA river
Still, it boils down to media company vs. insurance company vs. lawyers, and I think it's pretty obvious the only winner out of that triumvirate is going to be lawyers. Oh well, I guess two out of three will just have to do.
You're forgetting the rule that nobody out-evils an insurance company. After all, someone had to teach it to the lawyers...
"Little does he know, but there is no 'I' in 'Idiot'!"
Any idea where I can get some "bank robbery" insurance? I have this fool-proof plan for making millions in minutes, if I could only get around that "going to jail for decades" bit...
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