Slashdot Mirror
Sony Hack Reveals MPAA's Big '$80 Million' Settlement With Hotfile Was a Lie
An anonymous reader writes with this excerpt from Tech Dirt: For years, we've pointed out that the giant 'settlements' that the MPAA likes to announce with companies it declares illegal are little more than Hollywood-style fabrications. Cases are closed with big press releases throwing around huge settlement numbers, knowing full well that the sites in question don't have anywhere near that kind of money available. At the end of 2013, it got two of these, with IsoHunt agreeing to 'pay' $110 million and Hotfile agreeing to 'pay' $80 million. In both cases, we noted that there was no chance that those sums would ever get paid. And now, thanks to the Sony hack, we at least know the details of the Hotfile settlement. TorrentFreak has been combing through the emails and found that the Hotfile settlement was really just for $4 million, and the $80 million was just a bogus number agreed to for the sake of a press release that the MPAA could use to intimidate others.
Sure it makes a difference. If you owe 4 billion you qualify for the Too Big To Fail corporate welfare program.
That they moved the news up from 11?
Live today, because you never know what tomorrow brings
Sorry, but to qualify for the "Too Big To Fail" corporate welfare program you must have contributed at least 1 million to various political campaigns in the past and show means to contribute at least that amount in the future. Politicians need to eat after all.
Especially considering that the NKVD was disbanded in 1946...
10 PRINT CHR$(205.5+RND(1)); : GOTO 10