Record Labels Face $6 Billion Damages for Pirating Artists

While the major record labels were dragging file-sharers and BitTorrent sites to court for copyright infringement, they were themselves being sued by a conglomerate of artists for exactly the same offenses. Warner, Sony BMG, EMI and Universal face up to $60 billion in damages for pirating a massive 300,000 tracks.


Link:
http://torrentfreak.com/record-labels-face-60-billion-damages-for-pirating-artists-091207/#comments

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Canadian recording industry lawsuit (PDF): http://www.michaelgeist.ca/component/option,com_docman/task,doc_download/gid,27/

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It’s $6 billion, not $60 billion.

[B]Update:[/B] The correct figure is 6 instead of 60 billion.

[QUOTE=DrageMester;2472805]It’s $6 billion, not $60 billion.[/QUOTE]

Regardless of the amount sounds like the chicken is coming back to roost in the house now. Now they are going to cry fowl that they themselves claim and use the law will call this unfair. But if anyone noticed all those judgements none of those fines have gone to the artists but the labels and their pocket books. Even if doesn’t amount much or make much news for us to hear now they themselves have to ask themselves who’s the man now and who got owned??? Cause if this is just the start of the punitive damages asked by the artist it won’t be long before the RIAA and MPAA back tracks.

Interesting turn of events . . .