La Luna
Surviving Ashraful
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join:2001-07-12
Hewitt, NJ
clubs:
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| [News] TorrentSpy ordered to pay studios $110M
Studios win $110 million in TorrentSpy suit
Thu May 8, 2008 5:20am EDT
By Leslie Simmons
LOS ANGELES (Hollywood Reporter) - TorrentSpy bit the dust only weeks ago, shuttering its peer-to-peer file-sharing site. Now a federal judge has ordered the company to pay the Motion Picture Association of America $110 million for infringement of thousands of copyrighted film and TV shows.....
»www.reuters.com/article/industry···20080509
That's a lot of moola. 
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11,044 DEADLY TERROR ATTACKS SINCE 9/11~~TEAM DISCOVERY
Can't feel you anymore, don't need you anymore, don't believe you anymore, I don't need you anymore
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Doctor Four
My other vehicle is a TARDIS
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join:2000-09-05
Dallas, TX
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| The MPAA can crow all they want, claiming victory, but I
seriously doubt the operators of TorrentSpy had anywhere
even close to the $110 million judgement levelled against
them.
Getting any money out of them is going to be like trying to
squeeze blood out of a turnip (yes I know that analogy is
cliched and overused, but it fits here).
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"The trouble with computers, of course, is that they are very sophisticated idiots." - Doctor Who (from Robot)
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unoriginal
join:2000-07-12
San Diego, CA | reply to La Luna
I read that Torrentspy plans to appeal the verdict. Two questions: Who is paying the lawyers handling this case? And why bother since the site has shutdown already and clearly doesnt have the money to pay the judgement against them? |
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La Luna
Surviving Ashraful
Premium
join:2001-07-12
Hewitt, NJ
clubs:
·Optimum Online
·Vonage
| said by unoriginal  :I read that Torrentspy plans to appeal the verdict. Two questions: Who is paying the lawyers handling this case? And why bother since the site has shutdown already and clearly doesnt have the money to pay the judgement against them? The MPAA probably knows they won't see a dime. They wanted to "send a message". 
Lawyers? Who knows, maybe pro bono?
"This substantial money judgment sends a strong message about the illegality of these sites," MPAA chairman and CEO Dan Glickman said. "The demise of TorrentSpy is a clear victory for the studios."
Whether the MPAA will collect the $110 million from TorrentSpy remains to be seen. Court records show that Valence and TorrentSpy principles Justin Bunnell and Wes Parker have filed for bankruptcy.
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11,053 DEADLY TERROR ATTACKS SINCE 9/11~~TEAM DISCOVERY
Can't feel you anymore, don't need you anymore, don't believe you anymore, I don't need you anymore
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