TorrentSpy Slapped with $110 Million Judgement

[LexDiamonds]

The big problem with this that no one has mentioned is that it can be interpeted as case law. Even if the RIAA gets no money out of this particular suit, it is big ammo for further lawsuits. They can claim that since 1 court filed in their favor, other courts are obligated to do the same.

[Revv23]

The big problem with this that no one has mentioned is that it can be interpeted as case law. Even if the RIAA gets no money out of this particular suit, it is big ammo for further lawsuits. They can claim that since 1 court filed in their favor, other courts are obligated to do the same.

Well thats true, but the fact will remain that they won't ever see these settlement fees unless they go after some really big fish. I mean, these are already scandalous organizations filled with criminals that have no regard for the law... otherwise they wouldnt be facilitating the distribution of copyrighted material. Now, for people like this not paying isnt a big issue as they can just dissapear or claim bankruptcy. I mean, who cares, shut the site down, open another one iwth different name we are back in business.

Now for them to win a case actually worth winning, they would have to go after some legitimate organizations, say google. Google couldnt simply skip on it's payment. However, google would have the funding to appeal a ruling like this all the way up to the supreme court, and since google walks on water in the eyes of the public, It would also reate tons of negative publicity for anyone trying to take them down...

my 2c.

[Luka_Aveiro]

Well thats true, but the fact will remain that they won't ever see these settlement fees unless they go after some really big fish. I mean, these are already scandalous organizations filled with criminals that have no regard for the law... otherwise they wouldnt be facilitating the distribution of copyrighted material. Now, for people like this not paying isnt a big issue as they can just dissapear or claim bankruptcy. I mean, who cares, shut the site down, open another one iwth different name we are back in business.

Now for them to win a case actually worth winning, they would have to go after some legitimate organizations, say google. Google couldnt simply skip on it's payment. However, google would have the funding to appeal a ruling like this all the way up to the supreme court, and since google walks on water in the eyes of the public, It would also reate tons of negative publicity for anyone trying to take them down...

my 2c.

so google buying all torrent sites/engines/programs/trackers would be a very nice and comfortable solution for us all.

[Biker]

The big problem with this that no one has mentioned is that it can be interpeted as case law. Even if the RIAA gets no money out of this particular suit, it is big ammo for further lawsuits. They can claim that since 1 court filed in their favor, other courts are obligated to do the same.

Oh !

The legal precedent

[Scubar]

They can just declare bankruptcy, the judgement is against the company, so the worst they could do is liquidate a few servers.

Thats just what i was thinking, There is no way in hell they could ever pay it so the only option they have is to liquidate the company and declare bancrupcy. Not so bad really.

[Biker]

so google buying all torrent sites/engines/programs/trackers would be a very nice and comfortable solution for us all.

LOL

[nr2134]

Even if they never see the money the MPAA still benefits from this by writing it off as a loss AFAIK. The judgment money from a case like this is taxable, so if you never receive it you can write it off I assume.
That will benefit the MPAA since they really dont do much except sit on their a$$es and collect money.

[stocius]

It's not like Hollywood has put out a great film in awhile anyway. No wonder video games outsell them and no one wants to pay.

[KoHaN69]

This is a big hit for torrent companies. Could be the end of torrents as we know it? Or the beginning of it?

What torrent companies?

[villa1n]

I mean, these are already scandalous organizations filled with criminals that have no regard for the law... otherwise they wouldnt be facilitating the distribution of copyrighted material.

funny that its hard to tell if this is the mpaa or torrentspy when you take it out of context :P

[zanzabar]

It's not like Hollywood has put out a great film in awhile anyway. No wonder video games outsell them and no one wants to pay.

didnt gta4 just bring in more in its opening week than the entire movie industry last year in the box office

[Kingcarcas]

So typical USA. Does someone disagree?

Yes

And this, my friends, is the difference between fairytales and reality.
In fairytales Robin Hood helps the common man, has the laugh, overthrows the evil rich dudes and in the end gets the girl and the love and the respect of the people he helped.
In reality, TorrentSpy tries to help the common man, gets sued for $110M and dies lonely without the support of any of the pirates that used their site.

LOL QFT